Matthew Prince
speaker
1,742 appearances
5 recordings
5 series
first heard Mar 2019
last heard 10 Jun
Matthew Prince’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in May 2026 with 2.
Appearances
I don't want to build any of this stuff, but we don't see in the ecosystem yet anyone who has built something that we think can scale to the levels where the transactions amounts are tiny, but the volumes are extraordinary.
And so that's what we're trying to make friends with everyone who's in the space, who is doing something interesting.
And again, I think
We've we I feel like we're talking to all the right people.
But but but that's the place where I just don't think that people are thinking about the scale.
I mean, a million transactions per second is more than Visa does.
And so like like like and I think you've got to you probably have to have a way of scaling to, you know, at least two and maybe three orders of magnitude bigger than that.
And that's what we're trying to figure out right now is exactly how does that work.
Once we got that, again, I'm kind of optimistic.
We got willing buyers.
We got willing sellers.
We've got, you know, I mean, Sam Altman talks about how important microtransactions are going to be.
You know, the anthropic guys think about, like, I think we've actually got a lot of alignment.
But now it's kind of how do we make sure that whatever systems we implement are going to actually be able to scale to the potential of, you know, the new business model of the internet.
Saying that it's a standard, I think it's an evolving standard.
I think we...
I mean, 402 was part of the original specification of web servers.
Then Coinbase took that and said, hey, let's actually build then the infrastructure to hook that into, you know, payments, payment rails and systems.
They then donated their work to the Linux Foundation and then brought other people, including us, in to help flesh that standard out.
I think we're still in the process of figuring that out.
Showing 861–880 of 1,742 · page 44 of 88
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