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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

BTC090: Risk Free Rates on Bitcoin's Lightning Network w/ Joe Consorti (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 10 August 2022

⏱️ 75 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 01:05 - What is the Time Value of Lightning? 14:14 - Where Joe thinks rates go on the lightning network. 19:57 - What are Joe's thoughts on leverage w/ companies like Luna, 3AC and others? 42:11 - Is the bear market seeing signs of exhaustion? 37:19 - What Rates lead the dance? 57:01 - What actually drives the Bitcoin cycles? 57:01 - What is his fair value confluence model? *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Joe Consorti on Twitter. The Magma Market Place. Joe's newsletter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: Bluehost Fintool PrizePicks Vanta Onramp SimpleMining Fundrise TurboTax Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:03.0

Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals podcast.

0:07.0

Today's guest is Mr. Joe Consority, who's a Bitcoin educator and investor.

0:12.0

On the show, he talks to us about how the Lightning Network is slowly emerging as a risk-free rate within the Bitcoin ecosystem.

0:18.0

What drives the Bitcoin market cycles a little bit about his confluence model that he's recently developed, among many other interesting topics?

0:26.0

Joe's an expert communicator and I have no doubt you're going to learn some really interesting things on today's show.

0:32.0

So with that, here's my interview with Joe Consority.

0:38.0

You're listening to Bitcoin Fundamentals by the Investors Podcast Network.

0:43.0

Now for your host, Preston Pish.

0:57.0

Hey everyone, welcome to the show.

0:59.0

Like I said in the introduction, I'm here with Joe.

1:01.0

Joe, welcome to the Investors Podcast and Bitcoin Fundamentals.

1:04.0

Thanks for having me, Preston.

1:06.0

Hey, so you had recently posted a thread that I thought was phenomenal, really interesting point of view and you had some charts with it.

1:15.0

And it all relates to the Lightning Network and it relates to what I would think you're describing here as a risk-free rate.

1:23.0

So instead of describing it as was whatever, I'm going to pass it over to you.

1:27.0

I think the title of your thread was called Time Value of Lightning and walk us through what you think's going on here.

1:35.0

For sure, absolutely.

1:36.0

So to take a step back, all the way back to 2018, when Nick Bati originally published the Time Value of Bitcoin,

1:44.0

within there he originally talked about how in order for this Bitcoin capital market to emerge, the Time Value of Bitcoin,

1:53.0

so a rate of return earned on Bitcoin, we need to be published.

1:58.0

And so at that point in time, obviously, the Lightning Network hadn't even, you know, it didn't have a tremendous amount of capacity,

...

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