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Podcast: Payments on Fire™
Episode: Episode 109 - Bitcoin SV, a Payments and Data-focused Path in Bitcoin Evolutio - Jimmy Nguyen, Bitcoin Association
Description: If you thought bitcoin was dead as a payments system, take a listen to George and Jimmy Nguyen, founding president of the Bitcoin Association, as they discuss Bitcoin SV, a new version of bitcoin that is a significant upgrade to the performance and capabilities of the original bitcoin protocol put into the world a decade ago. From a payments perspective, bitcoin has failed. While successful as an albeit volatile store of value, its failings include: It is slow, only able to handle 2 or 3 transactions per second with a peak rate of 7. Visa handles 50K a...