The complexity of scaling Bitcoin | Relai Bitcoin Podcast #81

John Carvalho is the CEO and founder of Synonym and has been in Bitcoin for over a decade. Right from the start, he knew he wanted to contribute to the ecosystem and dove head first into the technology. 

In this conversation with Relai CEO Julian Liniger, John shares his journey into Bitcoin, how he orange-pilled himself within a week, why he decided to found Synonym, and how their infrastructure contributes to growing the ecosystem.

You can find John on X (Twitter) here:https://twitter.com/BitcoinErrorLog 

You can find out more about Synonym here: https://synonym.to/ 

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00:00 - Intro

01:40 - How Silk Road influenced Bitcoin back in 2012

05:10 - Why did John decide to start working in Bitcoin 

09:25 - Should there be a single Marketing entity in Bitcoin?

11:55 - Why does John think the spot Bitcoin ETFs are centralized?

14:20 - How large holders are an issue for the decentralization of Bitcoin

17:35 - Is there a way to scale Bitcoin to not lose small transactions on-chain? 

23:00 - What scaling technology will be the go-to standard in the future?

28:15 - Why Lightning is the best scaling technology now, but we need to do better

36:00 - There will always be users or customers who want to use custodial services

42:25 - How do Julian and Relai rank stablecoins like Tether in the Bitcoin ecosystem?

47:15 - Are there incentives for users to use Bitcoin only in an app or with a service?

54:10 - How John revived RGB and why he decided to do so

56:25 - Why John doesn’t believe that Splicing will work

58:21 - The main reason why John still works in Bitcoin

59:25 - John’s Bitcoin allocation in his portfolio

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Prefer to enjoy this show in audio format? 

Listen on Apple Podcast: https://podcasts.apple.com/at/podcast/relai-bitcoin-podcast/id1543267066 

Listen on Spotify: https://open.spotify.com/show/06BdZid57RlCgBNsgr703A?si=5ec60cc680534b44 

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The opinions expressed on the show are the opinions of the individual guests and may not reflect the opinions of Relai AG. The information on the podcast may be changed without notice, and is not guaranteed to be correct, complete or up-to-date.

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