“Crypto-incrementalists and the crypto-anarchists share strong convictions in the power of decentralization… However, these groups diverge quickly as we move from the abstract to...
"Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based...
"All of the above did have an impact, however their impact is often overstated in our view. The most significant factor is culture. Some...