Bitcoin Won't Scale? It's The INTERNET In 2002!

in #bitcoin8 years ago

Lot's of people are worried about Bitcoin scaling to meet the needs of 2017 global eCommerce, and this is a valid concern! However, take heart m'lads! for Bitcoin right now is simply the internet in 2002.

Back then, the Internet was a store of information, just as Bitcoin is a store of value today; then the internet scaled to provide streaming data, and Bitcoin will scale to provide streaming payments.

It's important for us to voice our opinions as members of the Bitcoin community, because that's how the culture evolves and issues get addressed, and we should prepare ourselves emotionally for the ups and downs that are coming, but we also should stay resolute -- this too shall pass!

Hold fast!

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I agree shayne, it is still early days for Bitcoin.
I remember back in the early days of the web, so called experts said that the TCIP protocol would not be scalable for the internet to host online streaming and yet a look what happened. So exciting to be part of the future happening right before our eyes.
Hope onto the half Bitcoin you won, I dont think it will become less valuable anytime soon.

Hello Shayne, very much enjoy your videos on YouTube and your insight into many things like BitCoin.

Oh and your audience includes older folks too like old enough to be your Parent, you know the ones who bought their teenagers those desktop computers and awesome modems and overnight downloads, good times.
Keep up the great work.
Am also know as Red Canoe on You Tube, for some stupid reason on Steemit I pick my EA gaming name and cannot change now.

Glad to know you enjoy it, thanks!

I looked up Red Canoe on YouTube and there were too many results to know what was what. Can you leave a link?

It's true that you never grow out of your first screen name.

I have no videos but do comment and just wanted to tie the two together.

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