“As the crypto industry makes progress toward Web 3.0, we’ll come to realize that it’s hard to beat the security and network effects of Bitcoin.” – Muneeb Ali
Another great article from Bitcoin Magazine, this one by the founder of Blockstack, Muneeb Ali, on the superior security and foundation that Bitcoin can provide to Web 3.0. How its perceived “limitations,” may be what makes it the best foundation we could have.
It also sparks a long Guy’s Rant on the value of on-chain vs off-chain contracts, the doubts on the “tokenization of everything,” & why smart contracts are only as good as the token they contract in (not the other way round).
This isn’t to be missed. Check out the other great stuff at Bitcoin Magazine that I won’t be able to cover, plus the original articlewith links to dig further in at the link below:
Mentioned in the episode for further Rabbit Hole Research:
Szabo’s “The Dawn of Trustworthy Computing”
BitcoinHalving.com 21 Hour Live Stream:
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