So what he's saying is that the bitcoin network can not handle the typical volume of transactions? The limit is an artificial one, and if the number of transac

So what he's saying is that the bitcoin network can not handle the typical volume of transactions? The limit is an artificial one, and if the number of transactions starts regularly exceeding the limit, it can be easily raised. the block chain is HUGE 20GB, which I wouldn't class as particularly large. Also as a side note bitcoin will never survive past the last mined block. Given that's around 120 years away, that seems like a pretty long term problem.