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134: BTCVIX – Bitcoin: The Magic Internet Money You Can No Longer Ignore

Chat With Traders

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Bitcoin's Scalability Issues

A long time ago when Bitcoin was just a technical experiment, Satoshi ended up putting in that the block size, which means how many transactions can fit into each individual block would be one make a bite. Now we've come multiple years and now Bitcoin is a $40 billion currency. People want to scale that. The miners that want transaction fees, they're not wanting to go along with this because they want to collect more transaction fees as long as they can. So these are issues that are coming up as far as the scalability of Bitcoin.

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