ShapeShift CEO: Let's Not 'Cram Every Desirable Attribute into Bitcoin'

Erik Voorhees, an early cryptocurrency adopter and the CEO of ShapeShift, a leading cryptocurrency exchange, has argued that Bitcoin needs to be very conservative” and those contributing to ongoing development of the flagship cryptocurrency should refrain from “trying out every new idea.” Voorhees, the former owner of crypto gambling website SatoshiDice, noted that “Bitcoin can’t be optimized for every variable.” His comments came during the “What Bitcoin Did” podcast hosted on March 22nd, 2019 in which he said that the world’s most dominant cryptocurrency is not meant to be the “most innovative” and the “most conservative” digital asset - all at the same time.