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

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

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 2 August 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Preston Pysh and Alexander Leishman talk about whether the Lightning Network has the scaling capacity to take on global transactions without centralizing forces compromising the Bitcoin mission. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:19 - A Bitcoin ETF and what it means. 04:15 - Is the competition from other domains causing the SEC to approve an ETF? 05:23 - Is there concern with Bitcoins from ETFs being used to create yield inside the ETFs? 09:55 - Explain the Lightning API at River. 13:44 - Is Bitcoin scalable with just Lightning? 13:44 - Is the Bitcoin layer 2 Ark Proposal a viable solution for Layer 2? 27:19 - Is AI something that needs Bitcoin layer 2 to scale? 35:46 - Why did you found River - what was the value proposition? 41:47 - What was life like at River with all the "crypto crackdown" happening? 43:42 - What are the incentives for people to own their own rig and mine bitcoin versus just owning it? 49:40 - Rapid fire: get to know Alex. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Alex's Company, River Finanical. Alex's Twitter. Alex's Nostr. 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 Vacasa AT&T The Bitcoin Way Public American Express Onramp SimpleMining Fundrise Shopify USPS 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

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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 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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