Bitcoin Isn't for the Masses - YMB Podcast E110 - a podcast by The YMB Network

from 2016-02-05T05:29:52

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Main Page: http://ymb.tc/e110

This is episode 110 of You, Me, and BTC – your liberty and Bitcoin podcast!

Scaling Bitcoin (possibly by increasing the block size) has recently been a huge topic in the Bitcoin community and on our show. Many people want to make changes so the network can handle more transactions. This would allow more people to use Bitcoin more often, helping it “go mainstream,” as they say.

At times, we hosts have generally felt the same way, but an old interview with Amir Taaki recently came to our attention and raised some new questions. Does Bitcoin need to go mainstream? If it does become slow and expensive, would it be worth paying for the benefits of anonymity and privacy? Should we worry because powerful people can influence the network?

We don’t have all the answers but we do have more opinions than bus full of 19 year-old Political Science majors, so tune in for an exciting show! Your hosts are Daniel Brown, Tim Baker, and John Stuart. Enjoy!

Leave a comment and tell us if you think it’s worth making compromises in Bitcoin to reach the masses!

We’d also like to thank this episode’s sponsor, LuckyBit.

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