The Kevin Rooke Show

Fiatjaf is a pseudonymous programmer who has worked on a handful of really impactful projects in and adjacent to the Lightning Network ecosystem. In our discussion, we discussed the work Fiatjaf has done on LNURL, LNTXBot, Nostr, and Pancho, as well as the P2P internet movement and the concept of Value 4 Value. → Fiatjaf’s Twitter: https://twitter.com/fiatjaf Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats. The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:15 - Fiatjaf Intro 03:46 - Why Fiatjaf Began Working on Lightning 08:18 - LNTXBot Adoption 11:10 - What Are Hosted Channels? 21:00 - Are Lightning Nodes “Money Transmitters”? 23:40 - What is LNURL? 33:22 - What Happens After BOLT12? 38:05 - The State of Lightning Development 42:37 - Lightning Adoption & Earning Bitcoin 44:42 - What is Nostr? 54:57 - P2P Communication vs. Nostr 1:00:25 - Value 4 Value 1:11:10 - The Lightning Round

Joe Consorti is a Bitcoin market analyst who recently wrote a great article called The Time Value of the Lightning Network. In our discussion, we got into the time value of money and how it applies to the Lightning Network, we discussed Lightning banks, and we explored the idea of generating yield on Lightning today, and using things like Taro in the future. → The Time Value of the Lightning Network: https://thebitcoinlayer.substack.com/p/the-time-value-of-lightning-network Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats. The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:31 - Joe Consorti Intro 06:58 - Lightning Network Catalysts 09:59 - Earning Yield and the Lightning Network Reference Rate 26:49 - Lightning Network Fees Over Time 32:07 - Why Public LN Capacity is a Lagging Indicator 39:12 - The Fiat vs. Bitcoin Risk Curves 50:44 - Bitcoin Denominated Loans 59:12 - Who Can Be a Lightning Bank? 1:02:37 - Taro’s Impact on Bitcoin and Lightning 1:15:17 - The Lightning Round

Christopher David is the CEO and Founder of Arcade City, a peer-to-peer platform that aims to decentralize ride-sharing and enable a circular Bitcoin economy. In our talk, we spoke about Arcade City’s vision, the issues facing gig economy workers, and why Arcade City decided use Bitcoin, Lightning, and Nostr to bring their platform to life. → Arcade City: https://arcade.city/ Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats. The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:30 - Christopher David Intro 08:46 - Arcade City’s Inception 17:07 - Why Is Arcade City Building on Lightning? 33:35 - Arcade City Payments, Communication, and Discovery 49:40 - Can Arcade City Disrupt Uber or Lyft? 1:13:26 - Scaling Arcade City 1:20:17 - The Lightning Round

John is the CEO and Founder of Zaprite, an invoicing platform that helps anyone get paid in Bitcoin. In our talk, we spoke about how Zaprite’s product works, the challenges keeping people from getting paid in Bitcoin, and the things people really care about when accepting payments: fees, speed, and stability. → Zaprite: https://zaprite.com/ Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats. The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:11 - John from Zaprite Intro 12:20 - How To Get People Earning Bitcoin 20:34 - Payment Fees, Speed, and Price Stability 37:19 - Aggregating Balances Across Lightning Wallets 42:55 - KYC Rules for Bitcoin Invoicing and Accounting Software 47:43 - Operating a Bitcoin Startup in an Uncertain World 1:02:39 - Austin’s Bitcoin Community 1:11:58 - The Lightning Round

Nicolas Burtey is the CEO and co-founder of Galoy, an open source banking platform helping communities of any size adopt Bitcoin. In our talk, we spoke about Galoy’s latest release called Stablesats, we talked about the future of stablecoins and Bitcoin banks, and Nicolas shared some updates on the latest in El Salvador’s Bitcoin adoption. → Galoy: https://galoy.io/ → Adopting Bitcoin Conference: https://adoptingbitcoin.org/2022/ Sponsors → Voltage: https://voltage.cloud → ZEBEDEE: https://zeb.gg/rooke Before every show, I ask listeners on Twitter to send in their best questions for future guests. I read off all the questions for the guest, and pick one listener to receive a split of the sats earned for the episode. To ask a question, send a message, or to support the show, download Fountain from the App Store and load your wallet with a few sats. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:13 - What Is Stablesats? 08:03 - Stablesats Risks 16:08 - Asset vs. Contract Stablecoins 20:18 - Why Are Stablecoins Being Built on Lightning Now? 24:02 - Will Galoy Earn Money from Stablesats? 29:24 - Galoy Adoption & Bitcoin Banking 35:25 - What Is The Role of a Bank in the Bitcoin Economy? 53:00 - Bitcoin Adoption in El Salvador 1:08:38 - The Lightning Round

Randy Naar is a software engineer at Blockstream, working on getting assets on the Liquid side chain. In our talk, we spoke about what Liquid is, how it works, Liquid Network usage today, and the applications that asset issuers might want to use Liquid for in the future. → Liquid: https://blockstream.com/liquid/ Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke Before every show, I ask listeners on Twitter to send in their best questions for future guests. I read off all the questions for the guest, and pick one listener to receive a split of the sats earned for the episode. To ask a question, send a message, or to support the show, download Fountain from the App Store and load your wallet with a few sats. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:13 - Randy Naar Intro 08:25 - How Does The Liquid Sidechain Work? 13:26 - Liquid & Lightning 27:02 - What Is The Bear Case for Liquid? 39:23 - Liquid Usage Today 47:51 - Attracting Developers To Build on Liquid 49:50 - Liquid Assets & Taro Assets 1:02:31 - The Lightning Round

Paolo Ardoino and Mathias Buus are the co-founders of Holepunch, a fully encrypted platform for building peer-to-peer applications. Matthias is the CEO, who has been building P2P products for a decade, and Paolo is CSO, along with being the CTO at Tether. In our talk, we spoke about what Holepunch is and how it works, how P2P apps can eliminate the costs and risks of relying on cloud data storage, we explored the apps developers could build on top of Holepunch, and the ways they could monetize their apps with Bitcoin or stablecoins on Lightning. → Holepunch: https://holepunch.to/ → Keet: https://keet.io/ Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke Before every show, I ask listeners on Twitter to send in their best questions for future guests. I read off all the questions for the guest, and pick one listener to receive a split of the sats earned for the episode. To ask a question, send a message, or to support the show, download Fountain from the App Store and load your wallet with a few sats. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:25 - Mathias Buus & Paolo Ardoino Intro 13:08 - How Do Holepunch & Keet Work? 21:23 - BitTorrent vs. Holepunch 25:41 - What Happens To Datacenters In A P2P World? 32:19 - Will Web 2 Companies Adapt To P2P Technology? 45:47 - Why Is Holepunch Being Built Today? 52:17 - Holepunch vs. Personal Servers 1:11:46 - What Can Developers Build on Holepunch? 1:18:07 - Will Holepunch and Keet Make Money? 1:25:29 - The Lightning Round

Alan Plus is the founder and CEO of Lightning Network+, a marketplace for getting inbound and outbound liquidity by participating in channel swaps. In our talk, Alan and I spoke about why he built LN+, how the platform works, and their business model, competition, and network effects on Lightning more broadly. → LN+: https://lightningnetwork.plus/ Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke Before every show, I ask listeners on Twitter to send in their best questions for future guests. I read off all the questions for the guest, and pick one listener to receive a split of the sats earned for the episode. To ask a question, send a message, or to support the show, download Fountain from the App Store and load your wallet with a few sats. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:10 - Alan Plus Intro 7:33 - How Do Liquidity Swaps Work? 18:30 - Filtering Nodes In Channel Swaps 22:54 - Competition Among LN Liquidity Marketplaces 28:24 - The Business Model for LN+ 33:52 - Privacy on the Lightning Network 40:29 - What Is Slowing Down Lightning Network Adoption? 51:50 - Roadmap for LN+ 53:20 - Alan Plus’ Favorite Lightning Apps 1:00:45 - The Lightning Round

Christian Decker is a researcher at Blockstream who has been involved in Bitcoin since 2009, and even did his Ph.D dissertation on Bitcoin. In our talk, Christian and I spoke about Blockstream and their Lightning project called Greenlight, we discussed Lightning scalability, and we even got into things like channel factories, liquidity ads, peerswap, and more. → Blockstream: https://blockstream.com/ Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke Before every show, I ask listeners on Twitter to send in their best questions for future guests. I read off all the questions for the guest, and pick one listener to receive a split of the sats earned for the episode. To ask a question, send a message, or to support the show, download Fountain from the App Store and load your wallet with a few sats. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:59 - Christian Decker Intro 10:31 - Lightning & Liquid as Experimentation Platforms for Bitcoin 17:58 - Cooperation Between Lightning Implementations 25:36 - Blockstream Greenlight 40:13 - Blockstream’s Satellite 44:05 - The Limits of Lightning Scalability 48:50 - Multi-Party Channels & Channel Factories 58:07 - Can Routing Node Operators Keep LN Channels Open Forever? 1:02:32 - Peerswap & Liquidity Ads 1:16:30 - The Lightning Round

Gigi is a pseudonymous Bitcoin developer and author and is full of compelling ideas about Bitcoin and the Lightning Network. In our talk, Gigi explained how ad-funded business models on the internet are broken, how value for value can offer a solution, and his views on paywalls, micro-payments, and freedom in the information age. → Gigi on Twitter: https://twitter.com/dergigi → The Freedom of Value: https://dergigi.com/2021/12/30/the-freedom-of-value/ → Human B | Bitcoin Documentary: https://vimeo.com/658711759 Sponsors → Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo → ZEBEDEE: https://zeb.gg/rooke Before every show, I ask listeners on Twitter to send in their best questions for future guests. I read off all the questions for the guest, and pick one listener to receive a split of the sats earned for the episode. To ask a question, send a message, or to support the show, download Fountain from the App Store and load your wallet with a few sats. → Fountain: https://www.fountain.fm/ → More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT → Lightning Address: ⚡kerooke@fountain.fm Links → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Blog: https://www.kevinrooke.com/blog Timestamps 00:00 - Intro 02:36 - Gigi Intro 08:03 - How Internet Monetization Is Broken 20:45 - The Mental Cost of Micropayments 37:09 - Internet Platforms Competing on Payments 46:05 - Protocols vs. Platforms 50:55 - Will Value 4 Value Help Creators Earn More? 1:10:41 - Why Might Value 4 Value Not Work? 1:17:20 - The Lightning Round