Susanne Tarkowski Tempelhof on Hard Fork, Hurdles to Adoption and Future of Bitcoin

Susanne Tarkowski Tempelhof, the woman who built her own nation on the Blockchain and got married on it, tells Cointelegraph on Bitcoin’s being at a crossroad.
In the midst of discussion whether the pioneer cryptocurrency should fork or not, there have been talks of its eventual decline. But Susanne, founder of BitNation, is convinced that the Ecosystem is improving by the day. She opposed the view that Bitcoin is in decline as a result of its current obscure direction. Susanne does not see Bitcoin as a failure at all. On the contrary, she thinks it has been a massive success so far.
She says:
‘Bitcoin is already growing exponentially as a traditional payment method. Here in the Netherlands for instance, it’s relatively easy to live on Bitcoin, from paying salaries, to order food, to go out, etc., because of an increased merchant adoption, in combination with a good infrastructure regarding local exchanges, Visa cards, support community, etc.’
Bitcoin Hard Fork
The Bitcoin community has been caught in an intense disagreement whether the network should be scaled or not. The current system permits only seven transactions per second which do not augur well for business. Some experts believe scaling from 1MB to 20MB is very crucial for the digital currency’s future and sustainability.

This post was published at Coin Telegraph on 2016-10-31.

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