Talk recorded on January 27th 2015, at the O’Reilly Radar Summit “Bitcoin and the Blockchain” in San Francisco, CA.

A talk about bitcoin, network architecture, decentralization, innovation, and the economics of open systems.

Video is licensed CC-BY

Keywords/phrases: What do you think of the argument that Bitcoin can only have either secure or cheap transactions? More worried about optimization of the blockchain today. Lessons from “concern journalism” on Ethernet, IP, storage, etc. assuming technology is static. Problems are opportunities.