Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
19 Jan 2021 Acquired Bitcoin
“I think the biggest change that Satoshi did not foresee that will need to happen is the one that's going on now and the one that hasn't really been implemented yet where Bitcoin was initially created to replace the payments layer on the internet, first and foremost, and create a low transaction cost payment system with no fraud.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 19 Jan 2021
- Publisher
- Acquired
- Episode
- Bitcoin
Transcript context
…But so small, so relatively few things. You can probably count on one hand the number of additional modifications to the system that have had to be made over the last 10 years that weren’t captured in this 9-page document. It's incredible. Yeah, it is. I think the biggest change that Satoshi did not foresee that will need to happen is the one that's going on now and the one that hasn't really been implemented yet where Bitcoin was initially created to replace the payments layer on the internet, first and foremost, and create a low transaction cost payment system with no fraud. As you dive deeper and deeper, you realize… It’s actually not great at that.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.