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RE: As Bitcoin Breaks All-Time Highs Near $18,000 Its Future Has Never Been So Uncertain

in #bitcoin7 years ago

Thanks for sharing Andreas' video.

Definitely worth watching for anyone who wants to get a better understanding of the difficult and vital decisions being made to keep bitcoin safe.

Andreas shows

  • that the obvious solution to the scaling issue isn't necessarily the correct one
  • why Bitcoin can't scale on-chain, not if we want it to fulfill its promise
  • that 'layer 1' of the Internet was a really bad compromise. Bitcoin can not afford to make the same mistake
  • how the billions of 'unbanked' will become 'banked'