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a16z21 min

a16z Podcast | Bitcoin's Growing Pains -- and Possibilities

Mike Hearn, Chris Dixon, Michael Copeland

Interview, Fireside Chat

Bitcoin developers and analysts convened to address critical capacity constraints and debate a proposed block size increase to prevent network congestion or systemic failure. The discussion also highlighted Lighthouse, a new peer-to-peer crowdfunding application that leverages Bitcoin's native scripting to enable trustless fundraising without centralized intermediaries. Participants further analyzed adoption strategies targeting unbanked populations in the developing world and defended the protocol's conservative design against calls for Turing-complete expansion to ensure long-term security and decentralization.