Read_500 - Decentralization, Why Dumb Networks are Better [Andreas Antonopolous]

Published: March 2, 2021, 3:48 a.m.

"The Internet\u2019s protocol (transmission control protocol/Internet protocol, or TCP/IP) doesn\u2019t offer \u201cservices.\u201d It doesn\u2019t make decisions about content. It doesn\u2019t distinguish between photos and text, video and audio. It doesn\u2019t have a list of approved applications. It doesn\u2019t even distinguish between client and server, user and host, or individual versus corporation. Every IP address is an equal\xa0peer." - Andreas M. Antonopolous\n\nToday we hit a great and classic essay by Andreas on the amazing FEE.org that hits on a key way to think about decentralized network, and a critical part of why they will innovate orders of magnitude more quickly than their centralized counterparts. The difference between "smart" networks and "dumb" networks, and why the dumb will also conquer. Bitcoin is the internet of money, and on read #500, hear Andreas explain why.\n\nCheck out the original article at the link below:\nhttps://fee.org/articles/decentralization-why-dumb-networks-are-better/\n\nOther great pieces mentioned in today's show, along with the thread that includes numerous others for further journey down the rabbit hole:\nLightning Enables Unicast Transactions in Bitcoin:\nhttps://bitcoinaudible.com/?p=347\nOn Schelling Points, Network Effects, & Lindy:\nhttps://bitcoinaudible.com/?p=4504\nAnil's Amazing thread with 20 fundamental essay for understanding Bitcoin:\nhttps://twitter.com/anilsaidso/status/1290758632238276609?s=20\n\nA huge thank you to our amazing sponsors:\nSwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy)\nBitBox\xa0- Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)\nLVL.co\xa0-\xa0The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message