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The Coming Bifurcation of Bitcoin

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Angus Champion de Crespigny is an advisor to blockchain projects and a former EY blockchain lead.

The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. 

Amongst many others, the bitcoin community for the past few years has been working with two particularly important ideas related to the asset’s future.

One is the narrative of institutional adoption: the idea that institutions will begin buying (or facilitating the buying) of bitcoin as an investment. The other is decentralization: emphasizing control of one’s own monetary sovereignty and the ease with which people can participate in the network at an affordable ...

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