Bitcoin’s Nightmare Scenario Has Come to Pass | Re/code

Over the last year and a half a number of prominent voices in the bitcoin community have been warning that the system needed to make fundamental changes to its core software code to avoid being overwhelmed by the continued growth of bitcoin transactions. There was strong disagreement within the community, however, about how to solve this problem, or if the problem would ever materialize.

Source: Bitcoin’s Nightmare Scenario Has Come to Pass | Re/code