Paul Vigna

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1,291 appearances 13 recordings 1 series first heard Jul 2017 last heard Apr 2022

Paul Vigna’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Bitcoin Too Expensive? There Are Others to Invest In · 20 Dec 2017 podcast

Their percentage gains are higher.

But the dollar totals for Bitcoin are obviously just much higher just because Bitcoin is the main digital currency.

They probably take just Bitcoin.

You know, every single one has its own network.

Every single one has its own kind of online accounts.

That particular retailer would decide they wanted to accept Bitcoin and they would download the software to make that possible.

I think when you talk about legitimacy and trust, I think the whole sector is gaining that.

And I think what's happening with Bitcoin is kind of extending.

It's almost like an umbrella coming over these other ones.

It's making people look the longer these things stick around, the more people learn about them, the more people get comfortable with the idea of digital money.

the more that they're willing to take a flyer on some of these.

So I think as Bitcoin does better, you have people more willing to look at these.

But again, I have to stress, they all are experiments and they all are products that are still being built.

And Bitcoin has problems right now.

There is a tremendous amount of congestion on the network because there is a limited capacity for transactions to pass through it.

And that is leading to bottlenecks in settlement times.

It's leading to high fees, user fees, which are, you know, they can be $20 and be $40 for a single transaction.

Bitcoin is very hard to use right now.

You're dealing with companies that are a lot of – all of them really are startups.

And that was a whole exchange that just collapsed?

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