TLS72: Vijay Boyapati on The Evolution of Money, Bitcoin's Role as Money, and the Lightning Network
The Kevin Rooke Show
00:00
How Has Bitcoin Become a Medium of Exchange?
I want to get your sense for how your views on Bitcoin as a medium of exchange have shifted over the last few years. We've seen lightning network was live in early 2018, we've now had four or five years and really the last year, year and a half has seen a flourishing of activity. I thought that the development of lightning would not usher in Bitcoin as amedium of exchange. Because the more important factor is that there are savings widely held in Bitcoin. That is the main factor. What lightning is ideally suited for is transfers, low cost transfers between big pools of Bitcoin.
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