The State of Bitcoin and the Lightning Network – Epi-3165
Podcast: Play in new window | Download (Duration: 1:43:43 — 23.7MB)
Today I wanted to go solo on a variety of bitcoin and lightning network topics I see popping up a lot in listener emails, youtube live chat and especially on Bitcoin Twitter. There is a lot going on, good news, FUD and some actual misinformation. You know real “misinformation” not the MSM version of the word.
Join Me Today to Discuss…
- Why do I prefer the Fold Card over something like “BlockFi” – Get Fold
- How do I buy groceries or gas with Bitcoin
- Why do so many shitcoin projects fail so miserably
- What would be a good product to build on lightning right now
- Is the lightning network actually decentralized or is it controlled by the banks
- Is anyone using the lightning network
- 17K active nodes
- 81K active channels
- 92 million dollars in capacity (reusable)
- My Twitter Thread on Lightning – link
- Why the “but it uses a third party argument” is stupid and usually made by people using a 3rd party anyway
- Why I say, the market will make lightning scale, don’t even worry about it
- If you are holding shitcoins right now and want to move to BTC should you do it now or later (it depends)
- Why products like “Wallet of Satoshi” are fine for day to day lightning use and actually pretty private
- The most impressive thing about the current BTC hash rate and how it destroys the energy argument – hash rate chart
- MicroStrategy is quadrupling down on bitcoin, time preference = courage – link to article
Resources for today’s show
- Follow Life With Jack on Instagram
- Join the Members Brigade
- Join Our Forum
- Walking To Freedom
- TspAz.com
- TSPC on Discord
- TSPC Group on Telegram (group chat)
- TSPC Telegram Channel (just messages from me)
- Jack on Flote
- Jack on MeWe
- Join Me on Odysee
- All My Bitcoin Tools in One Place
Sponsors of the Day…
- Start9.com – Take Back Your Digital Sovereignty
- Ridge Wallet – Minimize your EDC and Protect your Identity
Video Version of this Podcast Episode
Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon.
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