Why Bitcoin Is More Than Digital Gold w/ Bart Mol (Satoshi Radio Podcast)

Gold's security is passive, backed by physics. Bitcoin's is active, powered by miners and game theory. But what happens when block subsidies end in 2033? Bart Mol (Satoshi Radio) reveals why surging transaction fees are crucial to prevent attacks, centralization, or bitcoin becoming a niche asset.

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🔶 Bart Mol - Satoshi Radio Podcast

00:00 – Intro: Why Bitcoin Isn't Just Digital Gold
00:20 – The Shift: From Digital Cash to Store of Value
00:53 – Gold's Properties: Finite, Divisible, Durable, Fungible
01:57 – Bitcoin Beats Gold: Portability, Divisibility, Durability
02:58 – The Problem: Passive vs Active Security
03:30 – Gold's Passive Backing by Physics
04:37 – Bitcoin's Active Game-Theoretic Defense
05:46 – Visual: Gold Bars vs Bitcoin Miners
06:39 – Failed Experiment: End of Mining Scenarios
07:54 – Bitcoin Post-Subsidy: No Blocks, No Transactions
08:47 – Current Reality: Subsidy Dominates, Fees Too Low
09:43 – Difficulty Adjustment: Survival, Not Security
10:22 – The Fee Miracle Saves Bitcoin

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DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions. Receive SMS online on sms24.me

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