Are Bitcoin L2s Real? with David Seroy (Bitcoin Dave)
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 21 February 2024
⏱️ 65 minutes
🧾️ Download transcript
Summary
On today’s episode we have Bitcoin wizard, David Seroy on the show! He’s an armchair researcher in the Bitcoin rollup ecosystem. He really likes Bitcoin, and he really likes projects that are building on Bitcoin.
We’ve got a lot of questions on Bitcoin today, especially those that revolve around Bitcoin L2s. Are they real? David’s got answers.
------
📣SUI | Register for Sui Basecamp
https://bankless.cc/sui-basecamp
------
🎧 Listen On Your Favorite Podcast Player:
https://bankless.cc/Podcast
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
⚖️ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
💸 CRYPTO TAX CALCULATOR | USE CODE BANK30
https://bankless.cc/CTC
------
TIMESTAMPS
0:00 Intro
9:18 Bitcoin L2 Rollup Support?
https://twitter.com/david_seroy/status/1749508724274946514
12:56 Bitcoin Renaissance?
19:07 ETH vs. Bitcoin Scalability
21:18 Why The Bitcoin Community
25:34 The Bitcoin Rollup Pitch
30:14 Explaining Bitcoin Rollups
38:39 BitVM
47:03 Are L2s on Bitcoin’s Blockchain?
56:13 Exciting Bitcoin Projects
59:32 Are There More Bitcoin Daves?
1:02:53 Closing & Disclaimers
------
RESOURCES
David Seroy (Bitcoin Dave)
https://twitter.com/david_seroy
BitVM whitepaper
https://bitvm.org/bitvm.pdf
------
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | That's kind of how I feel about this whole broader L2 Renaissance and what's possible in the |
| 0:05.0 | Bitcoin world. |
| 0:06.0 | I don't care if it sinks or swims. |
| 0:07.2 | I'm pretty sure it's going to be very successful. |
| 0:09.7 | But even if it's not, like this is ideas worth pursuing you know like we are freaking |
| 0:14.1 | missionaries not mercenaries and if people disagree with it it's like bring it on |
| 0:20.3 | welcome to bankless where we explore the frontier of internet money and internet finance. |
| 0:26.0 | This is Ryan Sean Adams. I'm here with David Hoffman and we're here to help you become more |
| 0:30.0 | Bitcoiners. |
| 0:31.0 | Oh, is that what we're doing David? Yeah, it's a Bitcoiners. Oh, oh, is that what we're doing David? Yeah, it's a |
| 0:33.5 | Bitcoin episode. This is a really simple premise for today's episode. We |
| 0:37.0 | brought on somebody who could answer the question for us, for me. I had more of |
| 0:40.9 | the questions actually than you David coming into this episode |
| 0:44.0 | are Bitcoin layer two's real? What do you mean by what do you mean by that question? |
| 0:48.6 | What does that mean? That's kind of what I was going to ask our guests and did ask our guests. |
| 0:53.2 | But what I sort of mean is I was under the impression |
| 0:56.6 | that Bitcoin did not have the expressivity, |
| 0:59.6 | did not have the virtual machine, |
| 1:01.5 | was more like a calculator and not a computer at its base |
| 1:04.6 | layer and therefore had a very difficult if impossible probably impossible time |
| 1:09.6 | launching what Ethereum calls a roll-up, |
| 1:13.0 | which is some sort of chain that is secured by the base chain. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.