How to Ride Through This Bitcoin Bull Cycle with Vijay Boyapati SLP559
Stephan Livera Podcast
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Bitcoin Scalability, Lightning Banks, and Fractional Reserves Debate
The chapter explores the scalability challenges of Bitcoin, considering its limitations for universal adoption and the concept of owning a UTXO. It discusses the role of lightning banks as a more practical solution, addresses the risks associated with fractional reserves, and debates the potential government capture of Bitcoin. The speakers delve into the complexities of governance, political influence, and the need for innovation and competition in the custody market to safeguard against concentration risks.
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