This article talks about the reaction that some in the bitcoin (crypto currency can be seen as a type of Fintech) community are having to some of blockchain’s struggles. Interestingly, one source of these troubles has been Bitcoin’s success in recent years. As Bitocoin gains in more values, more people have been trying to make Bitcoin transactions. This has caused the blockchain to become jammed, as the miners have been unable to keep up with the speed and quantity of new transactions. As such, there seems to be a split between those who want to remove the cap on the amount of data that can be in the blockchain and those who don’t.
For me, the most surprising thing about the conflict is not that it is happening, but that it has taken so long to happen. It seemed inevitable that something would happen to allow big buyers to gain an unfair advantage in the Bitcoin system by becoming an overly large buyer. In addition, I am not surprised that a completely decentralized system would struggle to respond to sudden growth. I also think that Bitcoin being split up into essentially two forms of Bitcoin would drastically hurt Bitcoin, if for no other reason that it would make Bitcoin even more confusing to outsiders than it already is.
https://www.bloomberg.com/news/articles/2017-03-13/bitcoin-miners-signal-revolt-in-push-to-fix-sluggish-blockchain