{"id":248204,"date":"2020-01-27T10:09:28","date_gmt":"2020-01-27T15:09:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=248204"},"modified":"2020-01-27T10:09:28","modified_gmt":"2020-01-27T15:09:28","slug":"bitcoin-core-developer-casts-doubt-on-the-networks-ability-to-scale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-core-developer-casts-doubt-on-the-networks-ability-to-scale","title":{"rendered":"Bitcoin Core Developer Casts Doubt On the Network\u2019s Ability to Scale\u00a0"},"content":{"rendered":"

Gavin Andersen, a Bitcoin core developer and the originator of the Bitcoin Foundation, is casting doubts on the views of Bitcoin creator Satoshi Nakamoto on the future of Bitcoin and its blockchain.\u00a0<\/span><\/p>\n

On January 25, Andersen replied to a quote from Nakamoto published on Twitter by an account simply called \u201cBitcoin.\u201d The quote itself showed Nakamoto claiming that in the next two decades, it\u2019s either the volume of transactions on the Bitcoin blockchain will either be significantly high or would have reduced to zero.\u00a0<\/span><\/p>\n

A Niche Asset for Gold Bugs\u00a0<\/span><\/h2>\n

However, expressing his views, Andersen shared an alternate outcome. \u201cSatoshi might turn out to be wrong about this. In ten years, BTC could be a niche coin for gold bugs, with about the same transaction volume as today,\u201d he\u00a0<\/span>said<\/span><\/a>.\u00a0<\/span><\/p>\n

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Satoshi might turn out to be wrong about this. In ten years BTC could be a niche coin for gold bugs, with about the same transaction volume as today. https:\/\/t.co\/1bdtJ4eiql<\/a><\/p>\n

— Gavin Andresen (@gavinandresen) January 25, 2020<\/a><\/p><\/blockquote>\n