Coinbase CEO: Bitcoin is not having a crisis

[slideshare id=58176110&doc=bitcoin-is-not-splitting-in-two-it-is-upgrading-2-160212021313]

Bitcoin is…
1. not having a crisis, it is having an election
2. not splitting in two, it is upgrading
3. entering an era of multiple competing nodes
4. on the cusp of an upgrade to 2MB blocks
5. the first time the world has seen a global financial system that can be upgraded in real time

The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work

The bitcoin community can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed experiment.

Read more: http://bit.ly/1Lp5tG4

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