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Wednesday, April 12, 2017

Two Japanese Retail Chains Will Accept Bitcoin, Bitcoin Merchants Number Explode

Two Japanese Retail Chains Will Accept Bitcoin, Bitcoin Merchants Number Explode

BitPay CEO Stephen Pair has been more vocal about his company’s stance on Bitcoin’s scaling debate over the past few weeks, and his most recent attempt to further clarify the Bitcoin payment processing giant’s view on the matter was on episode 325 of Let’s Talk Bitcoin!

During his discussion with co-hosts Adam B. Levine and Andreas Antonopoulos, Pair shared his thoughts on the potential of Bitcoin without any further protocol changes, the issues he sees with Bitcoin Unlimited, and user-activated soft forks.

“Our viewpoint on this issue is nuanced, and it changes,” said Pair when initially asked about the best way to scale Bitcoin to more users in the future.

While BitPay’s thoughts on scaling have evolved over time, the potential for a contentious hard fork by way of Bitcoin Unlimited and rising transaction fees on the network have turned this issue into their main focus.

Full story at http://bit.ly/2oXyBn4

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