TCB Short - What if Someone Creates a Better Digital Currency?

What If Someone Builds a Better Digital Currency Than Bitcoin? TCB addresses the challenge of whether a “better” digital currency could replace Bitcoin, arguing that “better” depends on trade-offs among speed, cost, privacy, scalability, decentralization, and scarcity. It explains that while Bitcoin’s open-source code is easy to copy, its history, credibility, accumulated security, liquidity, infrastructure, and network effects are not. The speaker recounts Bitcoin’s improbable bootstrapping...