4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC133: Creating a New Libor on Bitcoin w/ Jesse Shrader (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Lightning Network: A Second Layer on Bitcoin

Jesse: Recently there was this announcement down at the Bitcoin Miami about ARK. It's an attempt to remove this burden for inbound liquidity that we talked about a little bit earlier. I'm curious what your thoughts are on ARK and whether you think it's going to be something that actually catches on or if it just kind of fizzles out and goes away. Jesse: If we've learned anything over the past few years, it's that unexpected things can happen. For example, average IRA and 401k balances fell 20% last year according to Fidelity. We sure didn't expect that but here's something that could help if you have an IRA or 401k.

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