19:54 GMT +323 October 2017
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    Double Down

    Does Block Size Matter?

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    Max Keiser, Stacy Herbert
    102919168

    On today's episode of Double Down, hosts Max Keiser and Stacy Herbert are joined by early bitcoin adopter and entrepreneur, Charlie Shrem, to discuss the Great Blocksize War of 2017.

    Does block size matter? Should bitcoin compete with visa or with gold? What is Bitcoin Unlimited? Bitcoin Core? Segwit? Who are the warring parties in the Great Blocksize War of 2017? Wasn't bitcoin supposed to be immune from interference by irrational parties external to the price discovery mechanism that is the free market? Bitcoin entrepreneur, Charlie Shrem, tells Double Down the block size debate is bullish for the cryptocurrency for it is a matter of growing more rapidly than the creator, Satoshi Nakamoto, ever imagined. Shrem believes this is a debate about power and control, not about technicality and that validating nodes are the only ones who enforce the rules, so attempting to stir bitcoin miners into rebellion is a futile effort.

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