Abstract :
[en] Few people have the scientific background and business experience of Bob Burnett, President and CEO of Barefoot Mining. In a recent talk at the Bitcoin Conference BitBlockBoom 2023 (from 5:27), he discusses the scarcity of Bitcoin, not only in absolute terms (21 million) but also in relative terms (block size and time). His conclusions are worth keeping in mind for anyone who decides to spend time and effort discovering this revolutionary ecosystem. And, for those interested in how public authorities – state and local officials – might want to seize opportunities in this area, his Testimony before the Michigan Senate is a must-watch. The key challenges appear in the questions asked by Members of the Committee and in his answers. Time for action could be running out! History teaches that those who do not accept technological innovations are condemned to endure their consequences...
