The Evolution of Cryptocurrency

I don't even think it's a bad thing if 90% of these layer ones or layer twos or projects fail, given there are some outright scams and problems in this marketplace. It is also true that the incentives were not the right ones. In a world where everything could be measured, I think there was a lot of attention at metrics that were sort of these engenders. If you look at how much of these networks is being used for actual utility that helps someone move money from A to B, it's still very small. And that's why I'm excited about Lightning because we do have the install base. There's millions of wallet supporting Bitcoin and soon supporting Lightning.

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