Скачать или смотреть BTC's new 'white paper' reimagines Bitcoin as a speculative asset || Gavin Gregory

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In this video, Gavin Gregory examines a satirical take on the "new BTC white paper," which reimagines Bitcoin as a speculative asset, moving away from its original purpose as a peer-to-peer electronic cash system. Gregory dives deep into the stark contrasts between Satoshi Nakamoto's vision and the current state of BTC, revealing just how much the project has deviated from its initial goals.

Gregory introduces this new white paper, published on October 9th, highlighting its focus on BTC as a "distributed ledger for high-value, speculative transactions."

The video breaks down each section, comparing it with Satoshi's original white paper, exploring how the new document reframes concepts such as transactions, timestamping, and network security. Notably, it emphasizes the shift from proof-of-work to "proof-of-developer" and the increasing focus on speculative value over Bitcoin’s utility as a payment system.

Gregory's insights on privacy are particularly compelling, pointing out the evolution from pseudonymous transactions to the more complex privacy concerns of today's BTC. He also covers the sections of the white paper that have been rescinded, offering a thoughtful analysis of Bitcoin’s current state.

The video wraps up with an in-depth reflection on BTC’s trajectory, urging viewers to think critically about the ongoing debates in the cryptocurrency community regarding Bitcoin’s future.

📲 Check out the original tweet here: https://x.com/CsTominaga/status/18439...

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