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/ — 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 — 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 -- 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. -- Relai is Europe’s easiest bitcoin investment app. The ‘Made in Switzerland’ bitcoin investment app enables anyone in Europe to invest in bitcoin within minutes. You can buy bitcoin instantly or set up a weekly/monthly savings plan for as little as 25 CHF/EUR and invest in bitcoin automatically over time. 👋 New to Relai? Visit our website to learn more: https://relai.app/ 📲 Download our Android App: https://play.google.com/store/apps/details?id=com.relai 📲 Download our iPhone App: https://apps.apple.com/app/id1513185997 💡 Don't forget to subscribe to the podcast, so you never miss an episode! 💡 Also, don't forget to subscribe to our YouTube channel to watch the episode in video format and enjoy the best bits from new episodes: https://www.youtube.com/c/Relai Follow us on Twitter ➡️ https://twitter.com/Relai_app Follow us on Instagram ➡️ https://www.instagram.com/relai.app/ Like our Facebook page ➡️ https://www.facebook.com/pg/RelaiApp/community/ bitcoin #personalfinance #savings #buybitcoin