The Bitcoin Treasuries Podcast with Tim Kotzman Canada's Bitcoin Treasury Company LQWD with Shone Anstey
Jun 5, 2025
Shone Anstey, Founder and CEO of LQWD Technologies, dives into the future of Bitcoin with a focus on the Lightning Network. He explains its ability to enable fast, low-cost transactions and the impact of increasing network usage. Shone also discusses his Bitcoin Treasury strategy and the distinct challenges between Canadian and U.S. Bitcoin markets. He provides fascinating insights on pricing bias and how to articulate Bitcoin's value to newcomers, making complex concepts accessible and engaging.
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Shone's Bitcoin Origin Story
- Shone Anstey discovered Bitcoin in 2011-2012 through his internet tech background since the mid-90s.
- He saw Bitcoin as a natural extension of the internet, combining tech and finance.
Lightning Network Explained
- The Lightning Network is a peer-to-peer second layer on Bitcoin enabling fast, cheap, and scalable transactions.
- It acts as an open payment rail for the internet without intermediaries, solving blockchain scalability.
Bitcoin as Internet's Trust Layer
- Bitcoin extends the internet's technology stack by adding a vital trust layer through proof of work.
- Money fundamentally represents trust, and Bitcoin removes intermediaries by embedding trust in its protocol.