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Building and Scaling: a Bitcoin Conversation

FYI - For Your Innovation

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The Future of Bitcoin

Preston: I think the engineering solution is already in place. It's already working in some parts of the world, but you lack incentive structure to drive immediate payment right now versus store value. Jack doesn't need a network of Bitcoin or a lot of Bitcoin nodes and interoperable participants globally to sell 80 million Cash App users Bitcoins. He does, though, need a growing network. So my broader point is it's going to take a little bit of time and some natural network effects and economies of scale for the network to grow. We're cheering for each other because it's not a winner take all our winner take most market. In fact, early entrance to the network benefit the most

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