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Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

19 Jan 2021 Acquired Bitcoin

“Ethereum and its derivatives—probably in my view right now—stand the best chance of building that layer.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
19 Jan 2021
Publisher
Acquired
Episode
Bitcoin

Transcript context

…Now with that said, it could prove with the 20-year lens. Let's say we're sitting here in 2028 from the white paper's initial beginning of the authoring. It actually works really well if they can figure out these other layers of Bitcoin—how they sort of interact and how you can do much higher velocity lower value transactions in a cheap way. It may be the case that it ends up great, but so far, no. It's been pretty poor for that. And Bitcoin itself. Now I think very likely, if there's no Bitcoin there, there wouldn’t have been Ethereum. Ethereum and its derivatives—probably in my view right now—stand the best chance of building that layer. Maybe it's responsible, but Bitcoin itself, no, and probably never going to be that. I can check out on overstock.com, but that's it.…

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