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How to Talk About Bitcoin
Mining is not guaranteed that one of Bitcoin's denominated return out before buying spot. But there are interesting points in that risk return curve where, for example, the Bitcoin price theoretically could stay flat. And you could have an ROI mining, but not buying spot. Those are the sort of dynamics that a lot of mining clients find interesting.
Preston Pysh and Alexander Leishman talk about whether the Lightning Network has the scaling capacity to take on global transactions without centralizing forces compromising the Bitcoin mission.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:19 - A Bitcoin ETF and what it means.
04:15 - Is the competition from other domains causing the SEC to approve an ETF?
05:23 - Is there concern with Bitcoins from ETFs being used to create yield inside the ETFs?
09:55 - Explain the Lightning API at River.
13:44 - Is Bitcoin scalable with just Lightning?
13:44 - Is the Bitcoin layer 2 Ark Proposal a viable solution for Layer 2?
27:19 - Is AI something that needs Bitcoin layer 2 to scale?
35:46 - Why did you found River - what was the value proposition?
41:47 - What was life like at River with all the "crypto crackdown" happening?
43:42 - What are the incentives for people to own their own rig and mine bitcoin versus just owning it?
49:40 - Rapid fire: get to know Alex.
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