The best defense is a good offense an active defense?
The boxer‘s best defense is to move faster and hit harder .
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I’m in favor of small protocol do the minimum
Inflation of the protocol
Adding code is inflation
Code is law
Law in cyber space
Just don’t crash the bitcoin network!
I am in favor of the minimum
Minimum
Don’t deprive others of their property rights or their opportunity 
Anti-inflation
Road inflation
The philosophy of inflation
Hyper inflation
I am in favor and praise of the minimum 
The entire bitcoin ecosystem. Bitcoin is bigger than me
Corruption
Technology inflation
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Stability ***
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Defend bitcoin ***
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Attack vectors?
T
Artificial intelligence (AI) is revolutionizing our world. AIs are smarter than us, can think
faster,
Your cars need to drive itself 
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Cyber security –> Bitcoin prevents hacking
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There is no second best in security
Commodity energy
Commodity compute power
Arms race
The antifragility of Bitcoin comes from the fact that everybody in the ecosystem
feels the same pain.
Pain –> ecosystem, organism
Without pain an organism cannot exist 
.
If someone builds a computer
twice as fast as current ones, the most profitable use is mining Bitcoin.
People follow profits
SHA 256
What if a computer gets so powerful that it can crack SHA-256? Who do you think
will notice first? People with $2 trillion at risk, or someone who just wants to solve the
problem so they can crack the world? We’re just going to go to SHA-512. Anybody who’s
studied computer science knows we start with 16, go to 32, 64, 128, 256, 512, and 1024, and
so on. When they break that, we’ll flip to another algorithm.
SHA 512
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Commodity but no scarcity 
Hard money
Hardness is bestness
.
Larger attack surface 
Steel is harder
Go for harder 
Complexity kills, MIT
Change vs “corrupt”