Will Bitcoin Fail to Scale?
Channel: aantonop
Date: 2016-04-02

Will Bitcoin Fail to Scale? In this talk, Andreas looks at scaling as an ongoing process. Using examples from the history of the Internet -- which has "failed to scale, gracefully, for 25 years" --- he discusses the scaling debate and looks at how Bitcoin will scale over the next several years.

Chapters

0:00 Introduction
1:42 The internet and Usenet
4:29 The regular and alternative group of Usenet
5:22 These alternative groups, being optional were the focus of this great debate. Should we carry them?
7:22 We will fail to scale for the next applications and succeed to scale for the previous ones
8:53 Multipurpose Internet Mail Extensions (MIME)
11:25 Voice Over Internet Protocol (VoIP)
12:25 Videos
14:43 Scale is not a goal to achieve, it is the definition of what can you do with the network today
15:29 Bitcoin is failing to scale gracefully
24:07 Q&A starts
24:23 I admired Mike for his work. I was very surprised by his strict position on the bitcoin community failed. Can you tell us your position on his move?
29:22 Have you ever been in doubt about the future of bitcoin?
32:28 Hundreds of altcoins has fallen down to zero already. How do you know that bitcoin is not the case of other altcoins? What's the difference between bitcoin and the other altcoins?
37:25 What is your personal preference?
41:14 Are the miners the ones who makes the decisions?
42:53 SegWit
44:36 Do you believe bitcoin can survive government intervention/regulation in a global scale?
48:15 Bitcoin predictions
50:42 What is your personal view on the great halving of 2016?
54:43 What makes people stick to bitcoin? Can banks adopt bitcoin?
1:00:06 Can patent law slow down bitcoin?

This talk took place on on March 22nd 2016 for the Institute of Cryptoanarchy's Paralelni Polis event in Prague, Czech Republic / Czechia.

This talk is featured in aantonop's bestselling book, The Internet of Money, which can be purchased in multiple languages in paperback, ebook, or audiobook: https://aantonop.io/tiomv1ebooks/

RELATED:
Scaling complex systems - https://youtu.be/dm9m1oQr6Ks
Layered scaling and privacy - https://youtu.be/4w-bjUhpf_Q
Delivering Liberty, At Scale - https://youtu.be/AecPrwqjbGw
Scaling is a moving target - https://youtu.be/pT9kJq_Ogrk
Scaling, trust, and trade-offs - https://youtu.be/vCxmHwqyJWU

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Music: "Unbounded" by Orfan (https://twitter.com/grassfedbitcoin)

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