Eileen Brown: I see complete transparency with Bitcoin SV projects
June 23, 2021
British technology journalist Eileen Brown says she receives more PR pitches for Ethereum-based projects than for any other protocol. But despite ETH’s popularity, she is keen to point out that most companies that use Ethereum tend to do their transactions off chain to achieve speed and cost efficiency - which she notes is not the case with Bitcoin SV. “I don't see that with BSV,” she said. “I see complete transparency with BSV projects.”
Speaking to Charles Miller on the sidelines of the CoinGeek Zurich conference for this week’s CoinGeek Conversations, Eileen said CoinGeek is a credible organization as it does the job of explaining contentious topics about Bitcoin to followers and critics alike. “I like the fact that the CoinGeek conference has detractors and enthusiasts,” says Eileen. She was at the conference to appear in a panel on media coverage of Bitcoin, but took note of the end session in which two Bitcoin critics, Professor Nouriel Roubini and Nassim Nicholas Taleb had been invited to give keynotes and to debate with Dr. Craig Wright.
One of the most hotly-debated topics at the conference was the massive amounts of energy being consumed by BTC, a concern that was highlighted by Elon Musk leading to a sudden devaluation of the digital currency. Eileen sees environmental concerns as a major shift in public attitudes to Bitcoin.
Eileen believes the public needs to be aware of the different kinds of Bitcoin so as not to confuse them with each other: “They have no idea that [BSV] can scale and therefore each transaction costs proportionately less and uses less server cycles,” she says. “I think there's a lot of work to be done in splitting out the conversations so that each Bitcoin has a name and is referred to by its name.”
As for the future Bitcoin, Eileen is interested to see the consequences of El Salvador’s recent move to allow its people to accept Bitcoin as currency. “Regulators will be watching this really carefully,” she says. “It's almost as though this country's going to be a case study and if it succeeds, well, more and more countries will adopt it.”