5min chapter

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

BTC113: Bitcoin Lightning Tackling Spam w/ Vida Founder Lyle Pratt (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Lightning Network Can Be Used to Improve the Telecommunications Industry

"The incentives in the telecom industry are we misaligned for stopping spam," he says. "I think there's a lot of reasons to give individuals the power to set their price" If you put a five cent, one-cent bounty on the call, it doesn't require much because they're trying to do it at scale. And I think that's where it's the tricky for these service providers."

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