Over 3 million Salvadorans are using Bitcoin via Lightning Network.

And what that means is that Lightning Network is banking more people in El Salvador than the local banks are in aggregate.

That's incredibly powerful.

And, you know, if Bitcoin were to only do that, I think it would be enough.

But of course, we know this is just a starting point for

Bitcoin. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin,

and the big picture power shifts remaking our world. The breakdown is sponsored by Nidig

and produced and distributed by CoinDesk.

What's going on, guys? It is Saturday, November 27th, and today we have our third in the

gratitude for Bitcoin mini-series, our final chapter. We had Dylan Leclair and Dan Held, and we

are rounding it out with Elise Killeen.

Elise is a Bitcoin-focused VC and has been in this space for much longer than most people.

She focuses entirely on the Bitcoin ecosystem with her firm Stillmark.

Elise is one of the best people to understand what's really happening in the ecosystem around Bitcoin

from both a technical and an entrepreneurial perspective. So let's get into the conversation right

now. All right, Elise, welcome back to the breakdown. It's great to have you here. It's so good

to see you. It's been too long. How have you been? I have been well and been busy because

Bitcoin never sleeps and this has been quite a busy period. So that's been reflected in our own work.

Yeah, I bet. It's, it's been crazy. I mean, I talked to you, I think last on the show at least,

right as we were leaning into kind of the, I don't know if we had

breached 20,000. I think we might not have. I think we were lurking around there, but we hadn't

quite gotten there yet. So obviously it's been a lot of milestones, a lot of changes, and a lot of

...