January 26, 2026

Capitalizations Index – B ∞/21M

Bitcoin Design Prioritizes Security Over Scalability

Bitcoin design prioritizes security over scalability

BitcoinS protocol was built with‍ a clear priority: preserve security, censorship-resistance and decentralization even when those goals constrain on‑chain throughput. Key elements of the design-proof‑of‑work⁤ consensus, conservative block and validation rules, ‍and a full‑node model-intentionally ⁢favor cryptographic ⁣and economic robustness over maximizing transaction capacity, a trade‑off reflected in ongoing technical and ⁢community debates about scaling versus safety [[2]] [[1]].
Maintaining that security posture carries practical costs: operating a validating node requires substantial bandwidth and storage (initial synchronization can ​be lengthy‌ and⁤ the blockchain occupies​ many gigabytes), which in turn ‌influences ⁢design ⁤choices about what functionality and data are⁢ feasible on‑chain [[3]].
This article⁢ examines how those architectural decisions -⁢ and the trade‑offs they imply – make‌ bitcoin a system that deliberately values long‑term security and decentralization over short‑term scalability.

Consensus design prioritizes chain ⁤immutability and censorship resistance over raw‌ transaction throughput with ‌recommendation to retain simple well audited rules

Design choices intentionally favor long-term chain immutability ⁣and resistance to censorship over maximizing raw transaction throughput. Consensus rules are kept‌ narrow and explicit​ so that every full node can validate the entire history independently; this minimizes attack surface and preserves a single canonical ledger even ⁢under adversarial conditions. As the protocol assumes that participants will verify and store the ⁤full chain, practical considerations such as bandwidth and disk⁣ requirements⁢ (the full chain size and initial ⁣synchronization time) are part of the security model⁤ and not treated as ‍negotiable tradeoffs[[1]].

Operational simplicity and ⁤auditability are prioritized. Maintaining a small set of⁤ well-audited consensus rules reduces complexity, enabling diverse implementations ‍and easier self-reliant review. Typical practices that follow this principle ⁢include:

  • Keep consensus rules deterministic and ⁣minimal.
  • Prefer client-side or layer-2 mechanisms for capacity scaling rather ⁣than altering core validation.
  • Require full-node⁢ verification as the ultimate arbiter of truth.

These measures​ help ensure censorship resistance remains robust even as ecosystem‌ usage grows; ‍users choose wallets and node software​ with the understanding ⁣that full validation underpins that ⁣resilience[[3]].

Clear trade-offs are summarized to guide design decisions. Simple, auditable rules make the system predictable and verifiable, while higher on-chain throughput would necessitate more complex consensus logic and wider trust assumptions. The‌ table ‌below encapsulates the core trade-offs for quick reference.

Design Goal Typical Consequence
Immutability & censorship resistance Higher storage & verification cost
Maximized on-chain throughput Increased protocol complexity, heavier trust assumptions

[[1]]
Proof of work economics strengthen network security and recommend aligning ⁢incentives through ⁢predictable issuance and conservative difficulty adjustments

Proof‍ of work economics strengthen network⁣ security and recommend aligning incentives ⁤through predictable issuance and⁢ conservative difficulty⁤ adjustments

bitcoin’s security model rests ⁢on an economic firewall: miners expend capital and⁣ ongoing⁣ operational cost to produce blocks, so attacks require buying or diverting‍ substantial resources rather⁢ than merely ‍controlling protocol ⁤software. By ​tying‍ consensus power to real-world expenditure,the system makes the cost of attack asymmetrical – defensive investment scales with‌ network value,and the profitability calculus for ⁤malicious actors becomes unattractive. ⁢This economic lever is ‍central to how proof of work hardens the chain against takeover and double-spend attempts [[3]] [[1]].

Long-term alignment comes from predictable monetary rules and cautious protocol changes: a known issuance schedule and intentional difficulty retargeting steer miner behavior toward securing blocks instead of exploiting short-term edge ‌cases. Practical alignment mechanisms include:

  • Predictable issuance: clear, deterministic supply rules that reduce inflation uncertainty and ‌favor investment in infrastructure;
  • Conservative difficulty⁤ adjustments: rule-based retargeting that avoids abrupt swings in mining profitability​ and reduces opportunistic attacks;
  • Clear reward structure: ‍ a ‍public, auditable emission path ⁢that lets market participants price ‍security ⁢correctly.

These mechanisms are the⁤ economic backbone ​that complements the⁤ cryptographic design of PoW networks [[2]] [[3]].

Operationally, the recommended posture is ⁣simple: preserve ​predictable issuance, favor conservative difficulty rules, and allow‍ market-driven fee signals to assume a larger share of miner compensation as block rewards decline. The following snapshot maps policy to security effect:

Mechanism Security⁤ effect
Predictable issuance Stable long-term investment
Conservative retarget Reduced exploitability
Fee market Sustained incentives post‑issuance

Adhering to these economic principles keeps the ‌protocol resilient by aligning miner ⁢incentives with ⁢network ⁣health rather than short-term throughput goals, reinforcing that‍ security-driven ⁢choices are deliberate, measurable, and effective [[1]] [[3]].

Block size and block interval choices trade off propagation delay and centralization risk and recommend ⁤conservative parameter changes supported ‌by thorough ⁢simulation

Designing block parameters requires balancing throughput against the physical limits of a⁢ global peer‑to‑peer network. ​ Larger blocks and ⁤shorter intervals ​can raise nominal transactions‑per‑second, but they also increase propagation delay, orphan rates and the advantage of‌ well‑connected miners – all⁣ of which ⁢push validation and relaying toward fewer, more ​powerful nodes. Conservatively chosen ​parameters prioritize ‍consistent propagation across diverse network links and‌ geographic regions,⁤ reducing ⁢incentives for miners to centralize around low‑latency datacenters. The term “block” itself has broad usage across contexts, which underscores the ​importance of ⁣clear, simulation‑backed definitions when proposing changes[[2]][[3]].

Recommended conservative​ approach (simulation first, staged rollout):

  • Model realistic ​topologies: include variance ‌in bandwidth, ⁣latency, and node software versions when simulating candidate ​parameter sets.
  • Constrain changes to modest deltas: ⁣prefer single‑digit to low‑double‑digit percent increases in block size or modest interval adjustments rather than large jumps.
  • Couple parameter changes with relay improvements: require testing with Compact Block, graphene, and relay networks so​ propagation‍ gains offset size increases.
  • Staged deployment: deploy ​on testnets and incentivized simulation environments before any mainnet activation, with rollback thresholds defined by orphan and connectivity metrics.

Summary table of illustrative conservative ⁢options and expected effects:

Change Expected throughput Propagation impact Centralization risk
+10% block size small ↑ minor ↑ (needs relay tests) low
-30s interval modest ↑ measurable⁤ ↑ (higher orphan risk) moderate
relay upgrades + ⁢no size change throughput ↑ (effective) propagation ↓ reduced

Bottom line: incremental,​ well‑simulated ⁢changes that pair conservative ‍parameter edits with proven relay improvements⁢ preserve bitcoin’s decentralized security model while cautiously‌ improving capacity. Any proposed adjustment must be justified by detailed simulation results showing net benefits across propagation latency, ⁣orphan rates, and miner distribution before ​mainnet consideration.

Full node​ requirements preserve verification integrity⁣ and recommend optimizing client efficiency rather ⁣than relaxing validation to scale ⁣capacity

bitcoin’s insistence on full verification ensures‌ that every node enforces the same rigorous rules, preserving the integrity ‌of ⁣transaction and block validation rather than shifting trust⁣ to weaker assumptions. By keeping nodes “complete” in their verification responsibilities, ​the ​protocol prevents forks driven by inconsistent validation behaviors and maintains a single global consensus state; the word “full” connotes being‌ filled or⁤ complete, which aligns with the role of a validating node [[1]] and its meaning as “filled to the limit” in authoritative usage‍ [[2]].

To scale user capacity without undermining validation, bitcoin recommends optimizing client efficiency rather of relaxing checks. Practical improvements include:

  • Pruning of ancient data for resource-constrained nodes (store only UTXO and recent headers).
  • Batching transactions and ​block downloads ⁢to⁤ reduce‌ I/O overhead.
  • Indexing and optimized data⁣ structures for ‌faster lookups without changing consensus rules.
  • Light clients with strong proofs that​ rely on full nodes for data​ but preserve verification guarantees.

These measures keep the protocol’s verification bar⁢ high while⁤ improving operational throughput: full validation remains the baseline and tooling evolves around that constraint.A⁢ compact summary of trade-offs is shown below for quick reference (WordPress table class applied):

Constraint Design ⁤Response
Strict validation Maintain ‍full-node rules; optimize client ‍IO
Limited storage Pruning and‌ compact⁣ footprints
High bandwidth demand Batched transfers and efficient indexing

The approach ​emphasizes completeness and resilience in ‍verification-ideas supported by standard⁢ definitions of “full” as comprehensive and ‍replete [[3]].

Layered scaling ⁣complements⁤ security by shifting high volume transactions off chain and recommends standardized interoperable second ‌layer protocols

bitcoin’s⁣ architecture deliberately isolates the cryptographic ⁤and economic‍ security of the​ base ledger from the performance demands of everyday payments. By preserving a minimal, auditable consensus layer for final settlement and state validation, heavier transaction ⁣volume can be processed by complementary systems that sit ⁢above the base chain. This ⁢concept – systems arranged in layers, ‍where responsibilities are ⁢separated to optimize‌ for different properties – aligns with established definitions of “layered” designs and their⁣ purpose in simplifying complex systems [[2]][[1]].

To keep the security guarantees of the base layer ⁣intact⁢ while scaling throughput, standards and interoperability are essential ⁤for second-layer solutions.‌ Recommended design ⁣goals include:

  • Improved throughput – batch and route microtransactions off-chain to reduce on-chain congestion.
  • Lower fees – settle frequent, ‌small-value transfers without forcing each ⁣to consume scarce ⁤block space.
  • Composable privacy – enable optional privacy improvements at upper layers ⁢without weakening ⁢base-layer ‍auditability.
  • On-chain finality – ensure any disputed ⁢or final settlement can be enforced on the secure base ledger.
Layer Primary role Characteristic
Base layer Security & settlement Conservative,​ verifiable
Second Layer High-volume payments Fast,⁤ off-chain,‌ interoperable
Application Layer User experience & services Flexible, feature-rich

Standardized, interoperable second-layer protocols reduce fragmentation and enable diverse‍ implementations to interoperate without reintroducing systemic risk; the layered, stacked ​approach therefore preserves the integrity of the secure base while⁤ letting innovation flourish above it ⁣ [[3]].

upgrade governance favors backwards compatibility and extensive review and recommends multisig activated soft forks ⁣and extended testing windows

bitcoin’s upgrade governance is intentionally conservative:⁤ protocol changes are designed to preserve existing rules and avoid hard forks unless strictly necessary.This⁣ culture places a premium on backwards compatibility and prolonged, public review cycles so that node software upgrades remain safe across a diverse network of implementations ‌and environments.Community-driven development channels and documented development ‌guidance ‍reinforce ​this approach, ensuring changes are ⁤debated, audited, and iterated ​before wide deployment [[1]][[3]].

Operationally, the recommended path for soft-fork upgrades‌ emphasizes activation via multisignature​ coordination‍ and extended testing⁤ windows to minimize systemic risk. Recommended safeguards include:

  • Multisig-activated signaling ⁣- activation only ‍after coordinated‌ consent among custodial‌ and infrastructure operators.
  • Lengthy test ⁤windows ⁢ – ‍prolonged testnet and staged rollout periods to​ surface edge‌ cases in real-world sync conditions.
  • Thorough audits ⁤and client interoperability checks – cross-client validation to avoid client-specific regressions.

These⁣ measures account for the heavy‍ resource requirements of⁣ full validation and initial syncs, ⁣which can lengthen upgrade finding and recovery times for nodes [[2]][[1]].

Recommendation Purpose Suggested Minimum Window
Multisig-activated soft fork ensure deliberate,multi-party consent 3-6 months
Extended testnet/staged rollout Expose sync and interoperability issues 1-3⁣ months
Independent audits Reduce regression and ⁢security risk Ongoing before activation

This conservative,review-first process reflects a design philosophy that prioritizes ⁤network security and stability‍ over rapid feature-driven⁢ scalability,relying on community review and operational caution⁤ to protect decentralised consensus [[1]][[3]][[2]]. Safety through​ compatibility and extensive testing remains the default operating principle.

Privacy enhancing changes must ⁣not compromise network health and recommend designs that preserve auditability while limiting miner extractable value

Any privacy advancement ​must be measured against its impact on node resources and the chain’s verifiability. Privacy is ‍a fundamental right that underpins autonomy‌ and dignity, but ‍implementing​ stronger privacy primitives ‍can introduce greater data‌ complexity, ⁢larger proofs, and propagation delays that harm decentralised validation – risks that cannot be ignored when security depends on widespread full-node ⁤participation. [[1]] [[2]]

  • Increased bandwidth or⁣ UTXO growth can reduce the pool ‍of economically viable full nodes.
  • Opaque ⁢state changes may hinder third‑party auditing and increase reliance on trusted services.

Design choices should ⁤thus preserve public auditability while applying cryptographic techniques that ‍minimise on‑chain cost and avoid new ⁤forms of extractable‍ value for block builders. ​Practical principles include:

  • Compact ⁢commitments: publish short, verifiable commitments rather of full payloads‍ to limit state ​growth.
  • Non‑interactive proofs: prefer succinct zero‑knowledge-like proofs or aggregate signatures to reduce verification load.
  • Mempool ‌neutrality: avoid introducing transaction formats that allow discretionary ordering or private sequencing that increases ‍miner extractable value (MEV).

‌ ⁤These approaches lean on established privacy techniques such as encryption and anonymity‌ measures while keeping verifiability intact. [[2]]

Balancing trade‑offs can‍ be clarified with short, objective metrics and compatibility targets for proposals – small, backwards‑compatible ⁣soft forks that maintain full‑node validation paths should be prioritised. ‍below is ‌a simple ⁢matrix illustrating the ⁤expected direction of change for typical design choices:

Design Privacy Auditability Node Cost
Compact ‍commitments Medium High Low
Large opaque payloads High Low High
Aggregate proofs High High Medium

In short:⁣ favour techniques that deliver measurable privacy gains without raising verification ⁢costs or enabling discretionary​ block producer‍ profits, and require clear audit paths so users and⁢ researchers can continue⁤ to validate⁤ network⁤ health ‌independently. [[1]] [[2]]

Monitoring and decentralization metrics inform security posture and recommend continuous public ‌measurement of node distribution and​ hash power concentration

Real‑time visibility into node topology and mining concentration‌ directly shapes⁣ the network’s defensive posture. bitcoin’s operation as a peer‑to‑peer electronic⁤ payment‌ system means that ⁢the location, uptime and software diversity of nodes determine message propagation, block validation speed and⁤ resilience‍ to partitioning – ​all core security properties ⁤rather than performance knobs alone [[1]]. Tracking geographic and client‑version dispersion helps distinguish natural variance from targeted attacks that seek to ‌centralize routing or eclipse specific ⁢peers.

Continuous public measurement reduces uncertainty and supports proactive mitigation. ​ Open,‌ regularly updated⁤ metrics lower the bar ​for community response when hash power shifts or node churn crosses risk thresholds; openness also enables independent audits and reproducible threat modeling. Practical measurement must account for operational⁣ realities – initial node bootstrap and full chain sync require substantial bandwidth and disk resources,⁣ which influence where and how nodes are deployed and thus how metrics should be⁣ interpreted ‌ [[2]]. Because‌ the protocol and client software are ‌open source, public measurement tools and alerts can be collaboratively improved and widely verified [[3]].

Actionable‍ indicators ⁢and ‌simple public dashboards should be standard.

  • Node distribution: count by region and AS to detect ‌geographic clustering.
  • Client diversity: share of‌ nodes by implementation and ⁤version to surface monocultures.
  • Hash‑power concentration: mining share by pool over time to flag rapid consolidation.
  • Latency & connectivity: median peer latency ‍and percentage of reachable nodes as health signals.
Metric Sample Security Impact
Nodes ​(by AS) 1200 / 3 large ‌AS Routing centralization risk
Top 3 miners 55% 51% attack potential
client versions vX: 70%, ‌vY:⁢ 20% Upgrade⁢ & fork resilience

Policy and ⁤developer best practices should prioritize long term security stewardship and recommend transparent development funding and conservative release cadences

Long-term security stewardship requires dev teams and policy leads ​to treat upgrades ‍as a⁤ liability-management ​problem: every change to consensus-critical code must be justified against the risk of regressions, ⁣network partition, ⁣and increased operational cost‍ for full-node ⁣operators.⁣ Real-world constraints – such as the heavy initial blockchain sync and​ storage requirements experienced⁢ by new nodes – make conservative, ​well-audited changes essential to preserve decentralization and node health [[1]]. prioritizing durability ⁢over feature velocity aligns incentives ⁤for node operators, ​wallet developers, and service providers to maintain ⁢a resilient ⁣base ⁤layer.

Practical developer practices that support this posture include:

  • Transparent funding mechanisms for long-term maintenance and audits (public budgets, multisig grant flows).
  • Rigorous code review and reproducible builds to‍ reduce supply-chain and regression risk.
  • Conservative release cadences with staging networks and delayed activation windows.
  • Documented upgrade paths and clear rollback procedures for ​client implementers and operators.
  • Ongoing community-run audits and ‍bug bounties to sustain external scrutiny.

these practices reinforce the peer-to-peer, permissionless properties of the system while ensuring that wallets, nodes, and services can adapt without central ⁤coordination [[2]] [[3]].

Policy Immediate​ Effect Long-term ‌Benefit
Transparent funding Clear ‌priorities Continuous‌ maintenance
Conservative cadence Fewer regressions Network stability
Reproducible builds Higher trust Lower supply-chain risk

Stewardship-minded policy and development‌ – backed by public funding models and slow, deliberate releases – keep​ the protocol robust against accidental centralization ‍and catastrophic failures.

Q&A

Q1: What does the phrase‍ “bitcoin design prioritizes security over scalability” mean?
A1: It means bitcoin’s core protocol and parameter choices emphasize protecting the​ integrity, censorship resistance, and decentralization of ​the system even when those choices⁣ limit the number ‍of transactions the network can process on-chain. Security-focused decisions favor conservative changes that reduce attack surface and preserve trust in consensus rather than maximizing transaction throughput.

Q2: Why did‍ bitcoin’s​ designers prioritize security?
A2: bitcoin was‍ conceived as a peer-to-peer electronic ⁣cash system where a decentralized consensus must be reliable and hard to subvert. Prioritizing security reduces the risk that attackers, ⁤unstable upgrades, or concentrated control (e.g., of mining or validation) can rewrite history, double-spend, or censor transactions-protecting the ⁢system’s value as money​ and a trust-minimized settlement layer [[2]].

Q3: What‌ concrete ‍design choices reflect that priority?
A3: Examples include:
-⁢ Proof-of-Work consensus (energy-consuming but costly to attack).- Conservative consensus​ rule changes (slow, careful upgrade process).
– Relatively small block sizes and a fixedish block interval to limit propagation delays and reduce the⁢ cost of running a ⁤full validating node.
These choices reduce risks of chain splits, reorgs, and centralization that would⁣ undermine security.

Q4: how does proof-of-work⁣ (PoW) enhance security at the ⁢expense of scalability?
A4: PoW⁣ ties block production ⁢to economic cost; mounting attacks (like ⁤51% attacks) requires⁢ controlling large amounts‌ of hashing power and capital, raising the bar for attackers. But PoW does not scale transaction throughput by itself-higher throughput would ⁢increase propagation and orphan risks, pressuring miners and validating nodes and potentially centralizing participation.

Q5: How do block size and blockchain growth relate to the security-vs-scalability trade-off?
A5: ‍Larger blocks can carry⁣ more transactions⁢ (higher on-chain⁣ throughput) but ⁢increase blockchain data growth and propagation time. Faster propagation and heavier storage/CPU demands ‌reduce the ability⁣ of individuals to run​ full nodes,⁢ which can concentrate validation among fewer actors and weaken decentralization and⁤ security. The practical impacts of blockchain ⁣size and node requirements are significant; initial synchronization and ongoing storage/bandwidth ⁤needs are non-trivial and ⁤must be considered when changing​ on-chain capacity [[3]].

Q6: How do mining and mining pools factor ‍into the trade-off?
A6: Mining concentration ⁤can affect security: if block production becomes profitable‍ only at large scale⁤ (for example, because of very high throughput demands or specialized hardware), mining pools​ and large operators can gain outsized influence, increasing centralization risk. Discussions about mining, hardware,⁤ and pools are central to understanding these dynamics⁢ in practice [[1]].

Q7: If bitcoin limits on-chain scalability, how does it aim to serve more users and transactions?
A7: bitcoin’s⁣ approach separates roles: keep the base layer (consensus ​and settlement) ​secure and compact, while enabling higher throughput ‌via secondary layers and technologies​ (payment channels, batching, layer-2⁤ networks, privacy techniques). These layered solutions aim to increase effective transactional capacity without changing the base layer’s security assumptions.

Q8: Has this design⁢ choice ​caused controversy?
A8: Yes. Debates over ‍raising on-chain capacity ‍(e.g., block size increases) versus preserving⁢ decentralization have produced heated community discussions and​ even protocol forks. Those ​debates reflect differing‌ priorities: some emphasize immediate throughput and lower fees; others emphasize⁤ long-term security and censorship resistance.

Q9: What are practical implications for users, node operators, and developers?
A9: Users may experience higher on-chain fees during demand spikes, encouraging use ‍of layer-2 solutions or transaction batching. Node operators must allocate bandwidth and storage for full-node⁢ operation-initial sync and blockchain size can ⁤be sizable-so resource requirements influence who can run ‍validating nodes [[3]]. Developers must design ​services and wallets that respect the base-layer constraints while leveraging scaling layers.

Q10: How does ⁤ongoing bitcoin development reflect a security-first ⁤stance?
A10: Development processes emphasize conservative, well-audited changes, gradual deployment mechanisms (like soft forks ​and wide testing), and community review. The ⁣project’s public development resources and governance culture reflect​ careful evaluation of trade-offs before making consensus-level changes [[2]].Q11: What are common misconceptions about “security over scalability”?
A11:⁢ Misconceptions‍ include:
– That bitcoin refuses any ⁤scaling – ‍in fact, it supports scaling ⁢via layered protocols.
– That prioritizing security means stagnation⁣ – the project‌ evolves cautiously to avoid undermining decentralization.
– ⁣That larger blocks are inherently insecure – larger blocks introduce trade-offs ⁢(propagation, node ⁢cost) that can reduce decentralization and thus practical security.

Q12: Summary – why does this matter?
A12: Prioritizing security preserves bitcoin’s core properties: decentralized validation, censorship resistance, and immutability. Those ‌properties are foundational to bitcoin’s role as a ⁢scarce, trust-minimized settlement‌ layer. Scalability ‍is pursued,but often via ⁢layered​ approaches and careful,incremental changes to avoid compromising the network’s security and decentralization.

The ‍Way⁣ Forward

In prioritizing security over raw scalability, bitcoin’s design choices-conservative protocol changes, strong cryptographic primitives, and decentralized ​consensus-have favored long-term robustness and resistance to attack over immediate transactional throughput. This conservative approach underpins​ bitcoin’s role as⁢ a peer-to-peer electronic money system and informs ⁤why‍ many stakeholders⁢ accept trade-offs in speed and capacity to preserve integrity and censorship⁤ resistance [[2]].That emphasis on⁤ security shapes ongoing development: layer‑2 solutions, ​protocol-layer optimizations, and community discussions aim to improve usability without undermining the base layer’s defenses. The tension between scaling and safety​ is‍ actively managed by ‍developers, ‌miners, and users through forums and coordinated upgrades, reflecting ‍a cautious, consensus-driven evolution of the network [[1]].

Ultimately, bitcoin’s prioritization of security creates a stable ‍foundation upon which complementary technologies can scale transaction capacity,⁤ preserving the network’s core properties‌ while enabling broader adoption over time.

Previous Article

Understanding Bitcoin BIPs: Improvement Proposals Explained

Next Article

First Bitcoin Halving: What Happened in Nov 2012

You might be interested in …

Bitcoins in Argentina

[youtube https://www.youtube.com/watch?v=e__m-w4N7NI&w=640&h=360]

Japan: Opposition fordert Steuererleichterungen für Krypto-Anleger

BTC-ECHO Japan: Opposition fordert Steuererleichterungen für Krypto-Anleger Das Halten und Handeln von Kryptowährungen soll steuerlich besser berücksichtigt werden, fordert Oppositionsmitglied Takeshi Fujimaki.   Source: BTC-ECHO Der Beitrag Japan: Opposition fordert Steuererleichterungen für Krypto-Anleger erschien zuerst […]

Why venezuela's citizens should worry about a national cryptocurrency

Why Venezuela's Citizens Should Worry About a National Cryptocurrency

Why Venezuela's Citizens Should Worry About a National Cryptocurrency While not many things are clear about Venezuela’s new state-backed cryptocurrency, the petro, what is apparent is that many think it’s potentially harmful for the country’s people. […]