CoinDesk Podcast Network
BITCOIN SEASON 2: Stop Ossification: Don't Let BTC Become a Rolex
Mar 26, 2025
Eli Ben-Sasson, co-founder and CEO of StarkWare, brings his expertise in zero-knowledge proofs to a critical discussion about Bitcoin's future. He emphasizes the dangers of Bitcoin ossification, warning that without scaling solutions like OP_CAT, it may become a luxury item accessible only to the wealthy. The conversation delves into Starknet's integration with Bitcoin, quantum computing threats, and innovative solutions like Collider Script to enhance decentralized finance. Eli insists that continuous innovation is essential to keep Bitcoin relevant and accessible.
50:04
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Bitcoin faces the risk of becoming exclusive for the wealthy if it doesn't evolve to support broader accessibility and usability.
- Starkware's StarkNet aims to enhance Bitcoin's functionality through zero-knowledge proofs, potentially increasing its scalability and user experience.
Deep dives
The Accessibility Dilemma
Bitcoin risks becoming an exclusive asset for the wealthy, akin to luxury brands like Rolex, if it remains inaccessible to the broader population. Many potential users face barriers in utilizing Bitcoin for everyday transactions, making it less appealing for mainstream adoption. Despite its recognition by governments and financial institutions, the underlying operational difficulties inhibit its use for daily needs. If Bitcoin does not evolve to support the empowerment of individuals and facilitate easier access, it may transform into a financial asset reserved only for the affluent.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
