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Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]

Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]

FromBitcoin Audible


Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]

FromBitcoin Audible

ratings:
Length:
68 minutes
Released:
Jul 27, 2020
Format:
Podcast episode

Description

"Privacy is at the root of Lightning which is a requirement for a retail payment network to succeed. It builds on Bitcoin which does not optimize for privacy⁵ but transparency and robustness." - Nicolas Burtey & Chris Hunter

As excellent piece today from the Galoy Money team that compares the current world of retail payment infrastructure with the incredible potential of a similarly architected, but fundamentally more open, permissionless, private, and censorship resistant payments system built with the Bitcoin & Lightning protocol stack.  An excellent piece with a sobering, but hugely bullish vision of a Bitcoin future.

Check out the original and drop some massive applause for this piece at the link below:
https://medium.com/galoymoney/lightning-as-a-retail-payment-system-part-1-7463c46342ef

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Released:
Jul 27, 2020
Format:
Podcast episode

Titles in the series (100)

The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.