Dixon: Bitcoin's greatest value is enabling new payment types
Chris Dixon · a16z Podcast | Bitcoin's Growing Pains -- and Possibilities · Jan 2, 2019 · at 16:09
Chris Dixon, partner at Andreessen Horowitz (a16z), applies Clayton Christensen's disruption framework to explain why Bitcoin should focus on non-consumption use cases over standard merchant processing.
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“I personally am much more excited about the latter kind for Bitcoin. In other words, I'm more excited about new ways that you can use Bitcoin and pay for things that you couldn't before. So for example, micro payments, machine to machine payments, versus save whatever the one to three percent credit card fees that you pay you know, paying for whatever online merchant.”
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