In this talk, Andreas looks at scaling as an ongoing process. Using the example of the Internet which has “failed to scale, gracefully for 25 years”, Andreas discusses the scaling debate and looks at how bitcoin will scale over the next several years.
Keywords/phrases: Why banks can’t adopt Bitcoin or implement secure blockchains. Bitcoin is the poison pill of global finance. Banks accepted and sometimes even lobbied for a regulatory system to stall competition and now they’re now trapped in it. We are building the internet of money – they are building the Microsoft frontpage of money.
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