

BTC083: Jack Dorsey’s Decentralized Identity Network w/ Pablo Fernandez (Bitcoin Podcast)
5 snips Jun 22, 2022
Pablo Fernandez, a software developer with expertise in decentralized identity and the Lightning Network, dives into the transformative world of Web5 and Jack Dorsey's vision. He discusses how decentralized identifiers empower users and contrasts them with traditional online identities. The conversation covers the potential of the Lightning Network for broader Bitcoin adoption and the importance of personal data ownership. Pablo also tackles the misunderstandings in Bitcoin development and envisions a future where everyone could run their own full nodes, promoting a decentralized ecosystem.
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Bitcoin Company Culture
- Pablo Fernandez noticed a "moat" in hiring at Bitcoin companies.
- Bitcoiners are culturally aligned and passionate about Bitcoin's success, unlike employees at other companies.
Arbitrage Beginnings
- Pablo Fernandez's Bitcoin "rabbit hole" began with arbitrage.
- He built a platform to exploit price differences between exchanges before fully grasping Bitcoin's significance.
Web5: A Genius Troll
- Jack Dorsey's "Web5" name is a genius troll, triggering Web3 proponents.
- It highlights the lack of decentralization in most Web3 projects.