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22 Feb 2021

Is Bitcoin Too Slow And Just "Old Tech"?

Is Bitcoin Too Slow And Just "Old Tech"?Get my new Bitcoin book: https:// In this video, I discuss whether Bitcoin will be superseded by a faster cryptocurrency that can do more transactions per second (TPS). Many engineering types are seduced by new tech projects, and thus fail to understand Bitcoin and the importance of its simple structure, secure network, settlement finality as a bearer asset, its high market gap and deep liquidity, as well as the many other network effects that surround and protect it. BTC should not be compared with small-cap centralized cryptocurrencies that cannot absorb a lot of value due to their small market caps. It should also not be compared with the Visa network, which is permissioned, centralized, and rests on the foundation of the US banking system and US military

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