Gluchowski: Hyper-Bitcoinization based solely on Bitcoin is utopian and impractical
Alex Gluchowski · Scaling Up Blockchains with Zero-Knowledge Proofs · Nov 8, 2021 · at 8:25
Alex Gluchowski, co-founder and CEO of Matter Labs, critiques Bitcoin's capacity to serve as the sole foundation for a global financial system due to usability and technical limitations.
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“The idea of hyper Bitcoinization just based on Bitcoin is kind of utopia because of a lot of usability issues and a lot of issues with just general lack of functionality, which you need for a real financial system.”
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