{"id":68867,"date":"2025-03-16T06:13:35","date_gmt":"2025-03-16T06:13:35","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2025\/03\/16\/uber-angel-investor-sparks-bitcoin-debate-with-build-a-better-bitcoin-comment\/"},"modified":"2025-03-16T06:14:34","modified_gmt":"2025-03-16T06:14:34","slug":"uber-angel-investor-sparks-bitcoin-debate-with-build-a-better-bitcoin-comment","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2025\/03\/16\/uber-angel-investor-sparks-bitcoin-debate-with-build-a-better-bitcoin-comment\/","title":{"rendered":"Uber Angel Investor Sparks Bitcoin Debate With “Build A Better Bitcoin” Comment"},"content":{"rendered":"

<\/a>\n<\/p>\n

\n

A tech investor who supported ridesharing platform Uber in its adolescence has ignited controversy inside the Bitcoin neighborhood by asserting that Bitcoin will in the end be supplanted by one thing superior.<\/p>\n

\u201cBitcoin has performed a captivating function, however with a few main gamers monopolizing the market, now could be the correct second to \u2018create a greater Bitcoin\u2019 \u2014 beginning the sport anew,\u201d famous famend angel investor and web entrepreneur Jason Calacanis to his 981,600 followers on X on March 14.<\/p>\n

Calacanis, an early investor in Bitcoin-related ventures similar to the web buying and selling service Robinhood and the Bitcoin startup Keza, acknowledged, \u201cAll know-how finally will get changed\u2026 and Bitcoin isn’t any exception.\u201d<\/p>\n

Alternatives come up for Bitcoin layer-2 initiatives<\/h2>\n

Co-founders and executives of Bitcoin shortly countered these claims, asserting that Bitcoin is right here to remain, however acknowledging {that a} dominant layer-2 protocol should develop atop the Bitcoin community.<\/p>\n

\n

Supply: <\/em>Pierre Rochard<\/em><\/p>\n<\/figcaption><\/figure>\n

Brady Swenson, co-founder of Swan Bitcoin, remarked, \u201cProfitable protocols are usually not changed; they’re constructed upon.\u201d<\/p>\n

\u201cBitcoin won’t ever get replaced as a medium for worth switch. The competitors continues to be on for the main second layer protocol,\u201d Swenson added.<\/p>\n

Cory Klippsten, Swan\u2019s different co-founder, talked about, \u201cBitcoin represents a technological revolution reshaping complete industries, somewhat than merely adhering to the adoption cycle of a single system like an iPad.\u201d<\/p>\n

\n \"Technology\"
\n

Supply: <\/em>Jason Lowery<\/em><\/p>\n<\/figcaption><\/figure>\n

Sharing an identical viewpoint, Lightspark CEO David Markus commented, \u201cWhat Bitcoin lacks in capabilities could be constructed on layer-2s.\u201d<\/p>\n

\n

\u201cTrying to create a greater Bitcoin is a misguided pursuit.\u201d<\/p>\n<\/blockquote>\n

In the meantime, ShapeShift CEO Eric Voorhees acknowledged that Bitcoin\u2019s limitations could be addressed \u201con various chains.\u201d<\/p>\n

The bigger Bitcoin grows, the \u201cmuch less seemingly\u201d it’s to get replaced<\/h2>\n

Many business consultants have highlighted the importance of layer-2s for Bitcoin, as they introduce use instances that the Bitcoin community can’t accommodate, similar to enabling sensible contracts.<\/p>\n

Nonetheless, Muneeb Ali, co-founder of Stacks, just lately knowledgeable Cointelegraph that over two-thirds of present Bitcoin layer-2 tasks could not survive the following three years as their preliminary enthusiasm wanes.<\/p>\n

\n \"Technology\"
\n

Supply: <\/em>Gast\u00f3n Silva<\/em><\/p>\n<\/figcaption><\/figure>\n

Bitcoin advocate Wayne Vaughan asserted that many individuals mistakenly imagine Bitcoin is definitely replaceable as a result of they view it merely as an asset, software, or platform.<\/p>\n

\u201cI understand Bitcoin as a community. Because the community expands, the probability of it being changed diminishes,\u201d Vaughan acknowledged in a March 15 publish on X.<\/p>\n

Associated: <\/strong><\/em>Technique\u2019s Bitcoin reserves nonetheless exceed $7B regardless of market downturn<\/strong><\/em><\/p>\n

Try Funds CEO Matt Cole commented, \u201cThere is not going to be a \u2018higher\u2019 Bitcoin. I believe we are going to expertise occasional alt seasons of ever-declining depth that may proceed to revenue insiders. Most people will seemingly find yourself holding much less Bitcoin by indulging in that gamble.\u201d<\/p>\n

This isn\u2019t the primary occasion the place Calacanis\u2019 remarks have fostered debate inside the crypto neighborhood.<\/p>\n

In June 2020, Calacanis claimed that almost all crypto tasks globally are managed by \u201cunqualified idiots\u201d or \u201cgrifters\u201d with subpar expertise.<\/p>\n

Journal: <\/strong><\/em>Crypto fanatics are fixated on longevity and biohacking: Right here\u2019s why<\/strong><\/em><\/p>\n<\/div>\n