Tom Jessup

The Evolution of Bitcoin: Talks at GS Session Highlights

Balaji Srinivasan, Jerry Brito, Tom Jessup

Andreessen Horowitz's Balaji Srinivasan defines Bitcoin as a packet-based protocol that consolidates global value transfer into a programmable machine economy, while addressing current scalability limits through a roadmap targeting millisecond latency and billions of transactions per second. Coin Center's Jerry Brito adds that regulatory frameworks are increasingly treating the protocol like non-regulatable email, with jurisdictions such as Switzerland and the UK actively cultivating fintech ecosystems through self-regulation. Together, these analyses project that Bitcoin will evolve beyond speculative trading into the "dollar of the internet," driven by a self-reinforcing four-sided network effect and emerging use cases in micropayments and in-game asset portability.