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Mr Meadow 1 year ago
If Bitcoin is reliant on volunteer devs who aren’t incentivized beyond their own altruism doesn’t this mean Bitcoin as a network relies on trust? Trust that altruistic individuals will dedicate an appropriate enough of their energy to keep it working?

Replies (2)

bitcoin doesn't rely on altruism, it relies on game theory and incentives. we, the network, have an incentive to support developers maintaining the project because it is worth it to us for Bitcoin to live on forever