Must Watch Episodes of January
Thursday's episode brought to our attention 15 charts that depict interesting, often overlooked information regarding Bitcoin such as transaction volume, venture capital funding, hashrate distribution, wallet growth, ATM installation, and brick and mortar storefront adoption.
Thursday's episode summarized 5 ways by which the cryptocurrency king, Bitcoin, could potentially be dethroned:
- Bitcoin fails to de-cap its block size, or at least dynamically scale it to meet demand.
- Bitcoin fails to expedite its governance and decision-making process.
- Bitcoin fails to make its addresses human-readable at the protocol level.
- Bitcoin fails to offer instant confirmations, or increased trust of zero confirmation transactions.
- Bitcoin fails to incentivize honest actors to run full nodes.