Debating The Nature of Bitcoin? w/ Karim Helmy

Karim Helmy of Galaxy Digital comes on to the Bitcoin Magazine Podcast to discuss one of the most interesting and deep conversations in Bitcoin. Karim has a rich history studying the Bitcoin blockchain and is an expert in mining in particular. Host Christian Keroles has very strong views into what Bitcoin is and some of them are counter to what Karim believes. Rather than debating over Twitter Christian invited Karim to join and discuss what Bitcoin really is.

Christian takes the position that ultimately bitcoin is a network of geographically distributed and computers maintaining constant consensus. Karim takes the position that while that does exist, ultimately it is the people and agreement from people that defines what Bitcoin is. This is a very nuanced debate and is at the route of many other philosophical and design disagreements in the greater crypto space.

Bitcoiners’, what do you think? Is Bitcoin defined by hardware and software or by humans or by something else entirely? Tweet at CK, Karim, and Bitcoin Magazine with your take on what Bitcoin really is.

Follow Karim on Twitter: @karimhelpme