Part 6/15:
He shared a personal story during moments of doubt—like the collapse of Mt. Gox, a major exchange in 2014. Initially terrified, he realized that just two functioning nodes could keep Bitcoin alive. The network’s resilience depends on a minimal vital core of nodes and participants committed to its survival.
He contrasted that with the lack of a “central authority,” making Bitcoin’s governance an ongoing contentious debate akin to an endless loop of consensus building.