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#244: The Quiet Master of Cryptocurrency -- Nick Szabo

The Tim Ferriss Show

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The Second Layer Is for the Coffee, the Piza, Yes

The first layer is the block hain itself, the bit coin. The ability to grow the transactions per second on that is very limited. If you want a cup of coffee without having to pay as much fee as you paid for the coffee, in two o three or four years from now, i you're going to have to use one of thes side chain,. Willmore ton: What would be required to help bitcoin cross the chasm? Maybe it's just inevitable and it's a matter of time, that could be it. But if you can choose any group of people to invest, say, ten billion dollars into bitcoin, r whatever the number is, then fix x, y

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