Crypto Long & Short: How Bitcoin Development Is Evolving – and What’s Behind It
The result was a change to the Bitcoin code to amplify block capacity, while dissenting opinions branched off to form a “new” Bitcoin blockchain, Bitcoin Cash. And the more diverse those developers are in terms of backgrounds and incentives, the less likely it becomes that Bitcoin could fall into the same trap as many of today’s technology networks: built by a few, for a few.
Gensler is currently heading up Biden’s financial oversight transition team, which also includes four other cryptocurrency and blockchain experts:
Chris Brummer is a law professor and the faculty director of Georgetown University’s Institute of International Economic Law, author/editor on a seminal book on cryptoassets, and host of the excellent Fintech Beat podcast. Mehrsa Baradaran, a University of California at Irvine School of Law professor, specializes in banking law and also testified as an expert witness at a Senate Banking Committee hearing on the impact of digital currencies on financial inclusion, and at a House Financial Services Committee hearing on regulatory frameworks.
