Bitcoin network

“And that's gone from about 50,000 a day to a 100,000 a day in the last 12 months.”

“So side chains, I think are going to be very, very powerful with respect to innovating the Bitcoin network, less so with respect to Innovating in capital markets, in payments and other areas.”

“There's five billion or today, seven billion dollars of value transmitting on the Bitcoin network.”

“I think we'll have I think the future will be many, many different networks. The Bitcoin network will be one. I think you'll have networks around prepaid and gift and loyalty. I think you'll have networks for capital markets, networks in the mobile market and …”

“Bitcoin doesn't actually fit quite well there, perfectly there, because the only way to leverage the Bitcoin network for Starbucks would be to kind of hack the network and layer a Starbucks dollar into the Bitcoin network, which is an approach called a colored…”

“Bitcoin is kind of inefficient enough that it uses 40 times the power of the Visa network, despite kind of a much lower throughput than the Visa network.”