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Oct. 22, 2024
Adam Back is the CEO of Blockstream, the inventor of Hashcash, and one of the most influential figures in Bitcoin. He joined us from Baltic Honeybadger in Riga to talk about the last year in Bitcoin, and the outlook on Bitcoin in the future, both in the near and long term. We explore the challenges posed by spam transactions, the 'freeloader' problem, and the future of Bitcoin's security incentives. The episode also touches on the complexities of fractional reserve banking, rehypothecation risk...