
The Interview - The Electrodollar: Venture Capitalism, Technology, and Silicon Valley
Real Vision: Finance & Investing
00:00
The Evolution of Bitcoin
Jeff Ward: I look at Bitcoin as both primarily a store of value. And it's useful in some levels of transactions, but there are improvements that need to be made to make it high volume. How do you know that there's a limited quantity and how do you identify all the little pieces of Bitcoin that make up the universe of Bitcoin? He says an algorithm was developed based on history where if you had a like a war, a bunch of Byzantine generals that were being attacked or in some battle,. You had this communications, not even a grid because you have people like running around by foot., he says.
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