BTCC Mining firm CEO Bobby Lee mostly urges a “wait-and-see” approach before jumping to conclusions about how the Block Size debate might turn out.
“Even though there are people out there who don’t like what Core is doing, I still fundamentally think that they are a very valuable resource in the Bitcoin community, and whatever compromise we propose, that we need to involve the feedback and input from Core team,” says the BTCC CEO. He makes clear in the recent Reddit AMA that he supports the Core Bitcoin developers.
“Even though there’s a lot of opposition in the industry, I fundamentally believe that the most important thing for Bitcoin, is to ensure that it remains as a reliable digital asset, that the store-of-value proposition has to be strong first,” he says. “Once that’s established, then the payments aspects can be addressed.” He urges the Bitcoin Community to scale Bitcoin responsibly. And, also, to be patient.
“We do need layer 1 scaling for larger block sizes, but let’s do the hard fork responsibly.