BUILDING A TECHNOLOGY ECOSYSTEM

JIMMY NGUYEN SITS DOWN WITH DR IRINA HEAVER FOR AN EXCLUSIVE INTERVIEW. JIMMY IS THE FOUNDING PRESIDENT OF THE BITCOIN ASSOCIATION, A SWITZERLAND-BASED ORGANISATION THAT SUPPORTS BSV.

THIS IS YOUR THIRD TIME IN DUBAI, WHAT KEEPS YOU COMING BACK?

We believe the BSV is intended to scale big and support massive transaction volumenot just of payments, but data transactions too. We’re interested in projects and opportunities that have big scale use of Blockchain technology, especially here in the UAE - and in particular Saudi Arabia, where we hope to do more in the coming year.

We’re dealing with public service applications which need a Blockchain with bigger scale and that need a chain that has high data capacity and low transaction fees - it fits with what I view are the key advantages to our approach to Blockchain.

We’re also very interested in projects which have a bigger impact on the world, not just crypto trading for investment. I’m in this space to develop the BSV into the next technology platform that transforms the world.

We’ve also found that this is a region where people are very interested in the utility of a Blockchain and that aligns well with what we have to offer.

IS IT CORRECT THAT BSV’S FOCUS IN THE REGION WILL BE THE ENTERPRISE SOLUTIONS?

Enterprise and government. We definitely want to support and nurture developers and startup entrepreneurs - one of the goals is not just to grow the usage of BSV as a Blockchain technology but to grow education. There’s not enough Bitcoinknowledgeable engineers in the world. We’re trying to train people as well as business and government representatives on the use of block tech for large-scale enterprise and government use.

BSV HAS SOME VOLATILE HISTORY, PERSONAL ISSUES, TECH ISSUES, THE HASH WAR - WHAT WILL BE DONE THERE?

We live in a digital currency world that is very tribal. People like to challenge and attack each other on personality as opposed to focussing on just technology. If you look at the fundamentals of what we say, what we want to do, which is to scale a Blockchain, offer more efficient payments for super low fees - our average transaction fee now is less than one tenth of a cent, last year it was one, one hundredth of a cent - we think that’s what Bitcoin was born to be able to do.

The only reason people think we’re controversial is because they think Craig Wright is a fraud for saying he’s Satoshi Nakamoto. What I would say to them is: it doesn’t matter. I’ve never asked a single person to support, build, or invest in BSV, because I believe Craig Wright is Satoshi. You should choose any Blockchain to build on, as well as any asset to invest in, based on its fundamentals. We’re a technology ecosystem, we’re a Blockchain, we’re bigger than any one person.