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

How to Earn Yield From Your Bitcoin Without Trusting the Other Party

Jesselyn Ifill: What we've created with lighting is a way to simply take your Bitcoin and make it be used for payments. She says you're not giving up custody of your Bitcoin, even if you're the channel creator. And that actually shows that people can earn yield from their Bitcoin without having to trust the any other party she says. Is this different than the existing financial system credit based financial system? "I don't know what the proper terminology would be," But anyway, over to you."

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