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

July 27, 2020 • 01:08:08
Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]
Bitcoin Audible
Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]

Jul 27 2020 | 01:08:08

/

Hosted By

Guy Swann

Show Notes

"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

Start your stacking if you haven't! The train is leaving the station! swanbitcoin.com/guy will get you $10 free to start, and set your auto-purchase Bitcoin savings plan in motion. Set it and forget it.

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

June 19, 2018 • 00:34:33
Episode Cover

CryptoQuikRead_094 - Let's Do the Time Warp Again, Verge Hack Part Deux

“While patching the first hack, they seem to have initially wanted to decrease the time drift to 15 minutes, but things kept… going wrong.”...

Listen

Episode

May 12, 2025 • 00:40:50
Episode Cover

Read_881 - The Problem is Deeper Than Spam

What if the real issue is actually much deeper than how to deal with spam? Everyone is arguing about mempool settings, who gets to...

Listen

Episode

January 04, 2021 • 00:54:53
Episode Cover

Chat #54 - Part 2 of WTF is Bitcoin Anyway? With Jim & Hari

Closing out our recent chat with Jim & Hari from the "What Do We Know" podcast we have Part 2 of the show digging...

Listen