Bitcoin Consensus Conference Day 3 Summary

Bianews summarizes the views of the second day of the meeting as follows:

1. Square CEO Jack Dorsey: Digital currency is the future direction of development. The Internet should have a native currency, and it will have a native currency, and I hope it will be Bitcoin. Using Bitcoin or other cryptocurrencies as global currencies will lower the barriers for Dorsey's payments to enter new markets.

“We want to get back to the original idea of ​​buying coffee with Bitcoin, and that’s why we’re working with you,” Dorsey told the Lightning Labs CEO.

2. Coinbase CTO Balaji Srinivasan said that companies like Microsoft are paying close attention to the digital currency industry. There are currently three types of investors entering the market, and the number of investors is increasing rapidly. The first wave is digital gold, the second wave is smart contracts, and I think the third wave will be small payments.

3. Ledger CEO Eric Larcheveque said that he plans to launch institutional crypto trading. He said: "If you want to expand the scale of crypto trading, you can't rely solely on blockchain."

4. Union Square Ventures partner Fred Wilson believes that some of today’s cryptocurrencies will be surprising in ten years. In addition, he also said that the value is in the tokens, not in the companies built on these cryptocurrencies.