Tales from the Cript.

What is up, Freaks? Welcome back to Tales from the Cript.

It's Marty Ben here for part two of our conversation with Will and James O'Burn.

Very excited for you guys to jump into the second half of this conversation. We get a little

drunker and get deeper and more philosophical into this stuff.

Really a lot of the questions that I have about, not just proof of work, but a lot of like

Bitcoin things, and there is always an answer, and I would almost call it a canonical answer because I hear it from more people more than once.

But they don't always feel like realistic answers to me.

They feel like coming up with an idea in a frictionless environment, but interacting with a very frictionful environment, which involves, you know, real people.

Well, that's literally my argument against proof of stake.

I think human systems are more complicated than thermodynamic systems.

And proof of stake is inherently a more social thing than having an ASIC chip that proves that

you've done something.

But we can agree it goes beyond thermodynamics. It goes on, you know, if the president decides

to put tariffs and taxes on foreign imports, well, now all of my hardware gets more expensive.

And now the decentralization fails because it's cheaper to run this hardware everywhere else in the world.

That's fleeting to an extent because it's only for...

I would argue that's like...

That could be temporary.

Well, network security is not a temporary issue.

If you open yourself up to a single 51% attack, James puts it you might as well go home well a

51% attack um in terms of doing a reorg gets a lot harder as you go deeper in the chain and

...