Jack Mallers
speaker
1,138 appearances
1 recordings
1 series
first heard Jul 2026
last heard 30 Jul
Jack Mallers’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
No one's ever gotten them for free.
Sure.
But that was someone else donating their real world work in the real world.
But the point is like Bitcoin has a very strict policy that like you have to expend real work that someone else values in order to obtain this thing.
And the currency Satoshi used to fairly distribute Bitcoin is I'll take energy in exchange for newly minted coins.
And it's not he'll take energy.
The network will take energy and use energy in exchange for
newly minted coins.
And it's such an ingenious idea of that's how I'll decide who gets it.
Not by their skin color, not by their eye color, not by their hair color, but by whoever's able to harness the cheapest energy and channel it to the network.
And then to have the insight on top of that, well, what if everyone figures it out and starts channeling a bunch of energy to the network?
Or what if people get disenthused and take the energy off of the network?
How do we give it a consistent heartbeat?
Because if the thing starts beating too fast, it's going to have a heart attack.
If it doesn't beat enough, it's going to die because lack of blood flow.
So how does it beat just enough every 10 minutes on average?
And to layer on the difficulty adjustment on top of that.
And so that Bitcoin has a predictable heartbeat that everyone can rely on.
And the heart is going to beat a certain amount of time in the early days, which will bring a certain crowd and bring the individual and not necessarily have the physical frame for the institutions and the sovereigns to be able to actually monetize it.
And only 20 years later, it's a remarkable achievement.
Showing 961–980 of 1,138 · page 49 of 57
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