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The Centbee Show 9 - The Myth of Decentralisation
In this episode of the Centbee Show, hosts Lorien Gamaroff and Kage Ntshingila discuss the misconceptions about Bitcoin, focusing particularly on notions of decentralisation.
They also talk about Centbee Wallet, explaining how it utilises the original Bitcoin SV protocol for low-cost, efficient digital transactions.
The hosts further discuss the difference in block sizes between Bitcoin SV and BTC, and how these variations affect transaction costs and efficiency. The episode also features an exploration of the Centbee platform and its Shopping feature.
00:00 Introduction and Welcome to the Show
00:44 Discussing the Show's Content and Purpose
01:59 The Vision and Mission of the Show
03:15 Introduction to the Bitcoin and Blockchain Industry
03:28 The Importance of Digital Payments
05:04 Addressing the Digital Divide and Cash Dependency
06:38 The Role of Bitcoin SV in Digital Payments
13:11 Exploring the Shopping Feature of Centbee
17:56 Understanding Decentralisation in the Context of Bitcoin
23:55 The Role and Impact of Mining Nodes in Bitcoin
28:16 Understanding the Concept of Large Operators in Cryptocurrency
28:48 The Misconception of Non-Mining Nodes in Cryptocurrency
29:47 The Real Meaning of Decentralisation in Cryptocurrency
30:06 The Debate: Bitcoin SV vs BTC
30:26 The Role of Mining Operators in blockchain.
32:19 Understanding the Difference Between BSV and BTC Block Sizes
44:23 Addressing User Questions and Feedback
50:35 Closing Remarks and Future Directions
Website: https://centbee.com
BSV Association: https://www.bsvblockchain.org/
#BSVTrailblazing #BitcoinSVLeaders #BSVExploration #BSVRevolution #BSVNation #BSVCommunity #BSVNation #BSVAdoption #SocialPayments #FriendsAndFunds #SocialPaymentRevolution
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