BTC133: Creating a New Libor on Bitcoin w/ Jesse Shrader (Bitcoin Podcast)

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

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 7 June 2023

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Preston Pysh talks to Bitcoin layer two Lightning expert Jesse Shrader on the show about all the fascinating stuff they have going on with their Amboss website. Amboss is a website that analyzes all the Bitcoin full nodes and immediately settling channels that are open between the nodes on the network. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:43 - How did Jesse get into Layer 2 Lightning Bitcoin? 03:07 - How Jesse's background in class action lawsuits against big banks impacted the way he views Bitcoin. 05:10 - How Jesse and his founder initially designed Amboss. 05:10 - What were they trying to optimize for when they built Amboss? 05:10 - What was Lightning like in the early days when opening channels? 11:59 - How has the business plan changed for Amboss? 14:43 - Is inbound liquidity an issue for Lighting adoption? 24:37 - Comparison between the legacy financial system and Lightning. 30:44 - What is Magma's liquidity market? 32:55 - How could Bitcoin even have a "risk free" rate? 34:19 - What is the LINER (Lightning Network Rate)? 34:19 - How could the LINER impact risk free rates? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Jesse Shrader's Twitter. The Amboss Website. 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: River Toyota Range Rover Fundrise AT&T The Bitcoin Way USPS American Express Onramp SimpleMining Public Vacasa Shopify 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

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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	On today's show, I have Bitcoin layer 2 Lightning Expert Jesse Schrader on the show to talk
0:12.0	about all the fascinating stuff they have going on with their Am boss website.
0:17.0	Am boss is a website that analyzes all the Bitcoin full nodes and immediately settling
0:20.8	channels that are open between the nodes on the network.
0:24.3	Jesse has some exciting metrics and an announcement relating to his company providing an open
0:29.0	market for liquidity providers that can now receive income for providing such liquidity
0:33.9	services.
0:35.1	This is a really fascinating chat that really makes a person think about the implications
0:39.2	for risk-free rates and finance at large.
0:42.6	So with that said, here's my chat with Mr. Jesse Schrader.
0:49.1	You're listening to Bitcoin Fundamentals by the Investors podcast network.
0:55.5	Now for your host, Preston Pish.
1:00.1	Hey everyone, welcome to the podcast.
1:10.6	I'm here with Jesse Schrader and Jesse.
1:14.0	Super pumped to have this conversation.
1:15.6	We've bumped into each other here and there at various conferences.
1:19.1	I've been a user of Am boss for a few years now and loved the site.
1:24.8	It's fitting that we finally have this conversation to talk about what you're working on.
1:29.0	Welcome to the show.
1:30.0	Thanks so much, Preston.
	...

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