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David Marcus wants to make Bitcoin's Lightning Network the global settlement layer for the internet

David Marcus wants to make Bitcoin's Lightning Network the global settlement layer for the internet

FromThe Scoop


David Marcus wants to make Bitcoin's Lightning Network the global settlement layer for the internet

FromThe Scoop

ratings:
Length:
52 minutes
Released:
Jun 27, 2023
Format:
Podcast episode

Description

David Marcus is a renowned entrepreneur and executive in the tech industry known for his leadership roles at PayPal and Meta.
In this episode, Marcus unpacks how his latest venture, Lightspark, is helping transform Bitcoin's Lightning Network into a real-time global settlement layer for the internet.
Lightspark raised about $173 million last year at a valuation of almost $1 billion at the time, as reported by The Block.

Outline:
2:33 - David Marcus' Bitcoin journey
5:29 - Lightspark & Bitcoin
9:50 - Lightspark adoption
12:37 - Regulatory tailwinds for bitcoin
16:33 - Merchant payment innovation
23:25 - Lightspark’s partnerships
26:26 - SEN/SIGNET replacement
28:47 - Lessons learned from libra
40:21 - What’s next for Lightspark
43:43 - Closing thoughts

This episode is brought to you by our sponsors PayPal and CleanSpark.
About PayPal
Make your crypto move with PayPal. Get started today at PayPal.com/crypto
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
Released:
Jun 27, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.