The Trilemma and the future

Knowing that Bitcoin has limitations may feel a bit like realising your favourite Super Hero has a weakness, but this was always part of the design. On-chain bitcoin transactions are best suited for high value, infrequent payments; in other words, the Store of Value use case.

From previous lessons we know that money must also function as a Medium of Exchange, and that is where solutions to the trilemma come in.

With this context now in mind we can delve further into each of the potential solutions – Forks, Lightning Network and Ethereum – and how this relates to the wider cryptocurrency ecosystem with the huge range of coins and services that are emerging. 


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