The Byzantine Premium

Mar 27, 2022

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A pumpkin pie with a slice missing. The pie has been overlaid with a pie-chart, in which the pieces are labelled with an icon of a confused businessman, a dollar sign, a circle with the word 'NEW!' in the middle, and a 'lotto' logo. The tin beneath the missing slice reveals a section of a glittering Bitcoin.

This week on my podcast, I read a recent Medium column, The Byzantine Premium, which explores the contradiction at the heart of Bitcoin advocacy.

(Image: Jakub-gdPL and FAMartin, CC BY-SA 4.0; Delwar Hossain, BD, CC BY 4.0; Jernej Furman, CC BY 2.0; modified)

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