We Study Billionaires - The Investor’s Podcast Network BTC168: Bitcoin Discreet Log Contracts DLC on LN Markets w/ Romain Rouphael (Bitcoin Podcast)
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Feb 7, 2024 In this discussion, Romain Rouphael, a trailblazer in Bitcoin research and the founder of LN Markets and DLC Markets, shares his inspiring journey in the world of finance and cryptocurrency. He dives into the revolutionary potential of Bitcoin for instant settlements and trustless trading. Rouphael explains how Discreet Log Contracts enhance OTC derivatives trading and the impressive growth of LN Markets, which has achieved over $2 billion in trading volume. He also addresses the future of Bitcoin financial services and the challenges of managing a Bitcoin fund.
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Bitcoin ATM sparks curiosity
- Romain Rouphael's interest in Bitcoin piqued after seeing a Bitcoin ATM in Hong Kong.
- He was amazed by the speed and efficiency compared to traditional banking.
Bitcoin's potential
- Bitcoin represents the future of finance by combining economics, technology, and social elements.
- Its open-source, peer-to-peer network allows anyone to participate and make payments.
Early Bitcoin exploration
- In 2015, Romain and his co-founders discussed Bitcoin's potential, before Lightning Network existed.
- They initially focused on Bitcoin as an asset, managing a fund and consulting.