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BTC141: Can Bitcoin Lightning Scale Globally w/ Alexander Leishman (Bitcoin Podcast)

Aug 2, 2023

Alexander Leishman, founder of River Financial and a software engineer, dives deep into the potential of Bitcoin's Lightning Network. He discusses the real scalability issues of Bitcoin and whether it's ready for global transactions. The conversation highlights the implications of Bitcoin ETFs, the challenges of yield generation in the Lightning Network, and intriguing proposals like the ARK Layer 2 solution. Leishman touches on the importance of decentralization and the future of Bitcoin amidst regulatory developments, making for an insightful exploration.

51:10

Episode guests

Alexander Leishman

AI Chapters

Episode notes

Intro

2min

Exploring the Impact of Bitcoin ETFs on Market Dynamics

4min

Understanding Yield Generation on the Bitcoin Lightning Network

4min

Navigating Bitcoin's Payment Infrastructure

7min

Navigating Bitcoin's Evolution

7min

Bitcoin's Evolution and Future Challenges

19min

Sponsorship Highlights and Bitcoin Insights

8min

Exploring Personal Favorites: Outdoor Activities, Travel, and Books

2min

The Importance of Humility and Community in the Bitcoin Journey

3min

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.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Alex's Company, River Finanical.
Alex's Twitter.
Alex's Nostr.

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