Bitcoin Q&A: The Internet Will Eat Your Business

Performance issues are an engineering optimisation task. The history the Internet swallowing industries. Lightning Network outpacing innovation of VISA. Don't hire a blockchain consultant -- ask people from the music, movie, or phone industry when they realised the Internet was going to eat their business, what they did to try to stop it, and what they would do differently now. If you are staking the survival of your business on "the engineers who built the Internet can't figure this out," you're in trouble.

Chapters
0:00 What are my thoughts about performance issues in Bitcoin?
0:23 The internet will eat you!
1:20 Right now, Bitcoin carries a limited number of transactions, but we already have several solutions that can increase this by a factor of a thousand.

This is part of a talk which took place on December 6th, 2016, at the Bitcoin Cologne meetup in Köln, Germany: https://www.meetup.com/Bitcoin-Cologn...

Watch the full talk here:    • Welcome to TrustNet - Cologne 2016  

RELATED:
Innovators, Disrupters, Misfits, and Bitcoin -    • Innovators, Disruptors, Misfits and B...  
Disrupt Conference: What is Bitcoin? -    • What is Bitcoin? An entertaining non-...  
Bitcoin and the Banks: Five Stages of Grief -    • Bitcoin and the Banks - Five Stages o...  
Why developers are leaving banks -    • Bitcoin Q&A: Why Developers are Leavi...  
Embrace the Good, Reject the Fear -    • Embrace the Good, Reject the Fear  
The Lightning Network -    • Bitcoin Q&A: The Lightning Network  
Bitcoin, the Lightning Network, and Streaming Money -    • Bitcoin, Lightning, and Streaming Money  
Microfinance and streaming money -    • Bitcoin Q&A: Microfinance & Streaming...  
The Scaling Rites of Passage -    • Bitcoin Q&A: The Scaling Rites of Pas...  
Scaling and the block size debate -    • Bitcoin Q&A: Scaling and the Block Si...  
Separation of money and state -    • Bitcoin Q&A: Separation of Money and ...  
ICOs and financial regulation -    • Ethereum Q&A: ICOs and Financial Regu...  
The end of vampire-squid financing -    • Bitcoin Q&A: The End of Vampire-Squid...  

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

Follow on Twitter: @aantonop   / aantonop  
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Mon...

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bi...

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitc...

Subscribe to the channel to learn more about Bitcoin & open blockchains!

If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron:   / aantonop  

Music: "Unbounded" by Orfan (  / orfan  )
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Join the aantonop Channel: https://aantonop.io/joinaantonopyt