BTC022: Dr. Adam Back & Bitcoin’s Proof of Work

On today’s show I talk with Dr. Adam Back. Adam is a Bitcoin core developer, inventor of Proof of Work, and CEO/founder of Blockstream. On the show we talk about his early developments and where he’s taking Blockstream in the future.

IN THIS EPISODE, YOU’LL LEARN:
– How did Dr. Back discover Proof of Work (PoW)?
– Is Proof of Work a vital component of Bitcoin’s price floor
– Blockstreams new initiative into mining
– Blockstreams new issuance of a debt note that pays Bitcoin coupons
– Using digital tokens on liquid for registry purposes for the note
– How mining can reduce volatility while still capturing significant upside
– Dr. Back’s thoughts on the Bitcoin contango trade

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