Continuing on with the Bitcoinomics21 presentation at Pyramid Club in Philadelphia. We continue the discussion of Bitcoin’s volatility, trajectory, and the impact of Ethereum.
Continued thanks to Shane Couturier and Nikki Kuhn for inviting me and organizing.
Correction
Scalability: More nodes would not solve this. Blocks occur roughly every 10 minutes and have a fixed size. Layer 2 protocols such as Lightning potentially could increase scalability.
Creating the Bitcoin network is not arduous or slow, it has gotten to this point in only 17 years.
Bitcoin Layer 1 entails Security, Transaction Processing, Consensus Mechanism, Immutability, and Foundation for Other Layers
