Scalability on the Lightning Network and Bitcoin's Role in the Future Monetary System

23min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The chapter explores the scalability of the Lightning network for large companies like Amazon, emphasizing liquidity challenges and revenue generation through routing fees. It delves into Bitcoin's potential transition to a new monetary system over a gradual period, discussing its evolution as a store of value and potential medium of exchange, alongside the impacts of government spending on inflation and the importance of decentralization in protocols.

Clay Finck chats with Dan and Josh from the Blue Collar Bitcoin Podcast. They cover their general thoughts on the Bitcoin Conference held in Miami, their takeaways from the billionaire capital allocators discussion at the conference, how Samson Mow is playing such a huge role in the Bitcoin space, what Cathie Wood, Michael Saylor, and Peter Thiel spoke about at the conference, how Jack Mallers is disrupting the payments industry, how the Lightning Network actually works, and much more!

Josh & Dan are the hosts of the Blue Collar Bitcoin Podcast. They are career firefighters & paramedics, and lifelong students of economics, finance & philosophy.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

02:12 - Dan, Josh, and Clay’s general thoughts on the Bitcoin Conference.

06:04 - Their takeaways from the billionaire capital allocators discussion at the conference.

17:35 - How Samson Mow is playing such a huge role in the Bitcoin space.

22:12 - What Cathie Wood and Michael Saylor discussed at the conference.

37:19 - Peter Thiel’s bull case for Bitcoin he outlined at the conference.

47:18 - How Jack Mallers is disrupting the payments industry.

47:18 - How the lightning network actually works.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out the Blue Collar Bitcoin Podcast.
Related episode: MI135: Bitcoin is For Millennials w/ Preston Pysh, or watch the video.
Related episode: MI128: Why Buy Bitcoin w/ Andy Edstrom, or watch the video.
Check out the books mentioned in the podcast here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.

NEW TO THE SHOW?

Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
Check out our Millennial Investing Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.