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We Study Billionaires - The Investor’s Podcast Network

BTC141: Can Bitcoin Lightning Scale Globally w/ Alexander Leishman (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 2 August 2023

⏱️ 56 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN:

  • A Bitcoin ETF and what it means.
  • Is the competition from other domains causing the SEC to approve an ETF?
  • Is there concern with Bitcoins from ETFs being used to create yield inside the ETFs?
  • Is Bitcoin scalable with just Lightning?
  • Is the Bitcoin layer 2 Ark Proposal a viable solution for Layer 2?
  • Is AI something that needs bitcoin layer 2 to scale?
  • Explain the Lightning API at River.
  • Why did you found River - what was the value proposition?
  • What was life like at River with all the "crypto crackdown" happening?
  • What are the incentives for people to own their own rig and mine bitcoin versus just owning it?
  • Rapid fire: get to know Alex.


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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

On today's show, I have Mr. Alexander Leishman, who's the founder, CEO of River Financial.

0:12.0

During the show, we talk about whether the Lightning Network has the scaling capacity to take on global transactions

0:18.0

without centralizing forces compromising the Bitcoin mission.

0:22.0

We talk about the impact of AI and how Bitcoin's immediately settling network with near zero fees

0:27.0

is potentially one of the ways for its growth to take place.

0:31.0

Alex is a software engineer with a master's from Stanford University

0:35.0

and is one of the leading experts on Bitcoin's code and improvement proposals.

0:39.0

So we get into the tech, we talk about his entrepreneurial adventures,

0:43.0

building such a successful company in such a short amount of time, and much, much more.

0:48.0

So with that, here's my interview with Mr. Alexander Leishman.

0:52.0

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

1:01.0

Now for your host, Preston Pish.

1:14.0

Hey everyone, welcome to the show, I'm here with Alex,

1:17.0

and we're going to cover some interesting things today, Alex, so welcome to the show.

1:20.0

Thanks for having me on.

1:22.0

I want to start this off.

1:24.0

I'm going to do this a little bit out of order.

1:26.0

We're going to talk about you and the company that you created,

1:29.0

and all these amazing things you guys are doing, kind of in the second half,

1:32.0

because there's a bunch of topics, like current event topics,

...

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