4min chapter

Decoder with Nilay Patel cover image

Is there a future for Bitcoin? An investor and a skeptic make their case

Decoder with Nilay Patel

CHAPTER

The Alternative Vision of Big Corn

Big coiners are trying to create a payment system that is more democratic and less centralized. They're building on top of the existing layers, such as wire transfers or credit card payments. But they say there's no need for this because not every transaction needs final settlement. Big Coin CEO: "We don't have these half dozen layers that work in the payment stack"

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