The hosts discuss the under-explored use cases of Bitcoin beyond store of value, highlighting its daily use and building on top of it. They explore potential use cases of taproot assets, scalable stablecoins, lightning adding stablecoin support, and integrating stablecoins with bank accounts seamlessly. They also discuss challenges and opportunities in adding lightning to smart contract platforms and utilizing Bitcoin for smart contracts.
Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.
Guests on this month’s Bitcoin Brainstorm include:
Alex Leishman: Co-Founder and CEO, River
Graham Krizek: Founder and CEO, Voltage
Des Dickerson: CEO, THUNDR GAMES
Tony Giorgio: Co-Founder and CEO, Mutiny Wallet
Viktor Bunin: Protocol Specialist, Coinbase
Yassine Elmandjra: Director of Digital Assets at ARK Invest
Cathie Wood: Founder, CEO and CIO, ARK Invest
Rod Roudi: Co-Founder, Bitcoin Park
Key Points from this episode:
- 00:00:00 Opening and Disclosure
- 00:00:54 Intro with Rod Roudi welcoming our fantastic guests
- 00:05:09 What are some of the most underexplored use cases in Bitcoin?
- 00:14:31 How the use cases for Lightning have matured and why Des chose to build THUNDR GAMES on the Bitcoin network
- 00:17:43 Machine to machine payments as a use case for lightning
- 00:26:53 What do our guests think the first ubiquitous stable coin on Bitcoin will be?
- 00:33:49 Viktor examines some of the ways that decentralized finance (DeFi) can be more practical than Bitcoin
- 00:39:13 Exploring the growth in total developers on Ethereum as compared to Bitcoin, especially when you include lightning developers
- 00:43:32 Why is the dynamic of developers building on Bitcoin different than those who chose to build on Ethereum?
- 00:50:34 Our guests share some of the stories from their clients and users that blew them away
- 00:55:32 How is regulation in the Bitcoin space changing?
- 00:59:41 Our guests provide their opinions on what Bitcoin looks like in 5 years and how anonymity may change in the future?
- 01:09:09 Rod, Viktor and Yassine conclude the episode with some optimism on the future of Bitcoin, pointing out decentralized communities across the country and around the world
