How Lightning Drives Global Bitcoin Adoption with Danny Scott - WBD597
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 23 December 2022
⏱️ 76 minutes
🧾️ Download transcript
Summary
In this episode of the podcast, I sit down with Danny Scott, the CEO of CoinCorner, a bitcoin exchange based in the UK. Danny has built CoinCorner into a successful business without relying on VC funding, and he shares his insights on the challenges and opportunities of doing so in the highly competitive world of bitcoin.
During our conversation, we discuss the current state of bitcoin adoption and the importance of making cryptocurrency accessible and user-friendly for those who are new to the space. Danny shares his thoughts on the role of the lightning network in driving adoption, and how it can help make bitcoin more useful and functional for everyday use.
We also delve into the topic of how you can't force adoption, and the importance of building a product or service that meets the needs of your target audience. Danny shares his thoughts on how to approach building a business in the cryptocurrency space, and the key factors that contribute to success.
Overall, it's a fascinating conversation with a true industry leader. Tune in to hear Danny's insights on building a bitcoin business, driving adoption, and the future of the Bitcoin industry.
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Transcript
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| 0:00.0 | Visa and Mastercards with the innovation on them is granted to a whole it doesn't really change nothing really happens it doesn't move it's very centralized it's very controlled |
| 0:09.2 | What we have with Bitcoin Lightning networks openable. That allows for innovations happen overnight. |
| 0:15.6 | All right, Merry Christmas, how are you all? |
| 0:17.7 | This is a final show before Christmas. |
| 0:19.9 | So Merry Christmas, thank you to everyone |
| 0:21.7 | to support this show this year. It's not the final show of the year, just the final one Merry Christmas. Thank you to everyone who supported this show this year. |
| 0:23.0 | It's not the final show of the year, just a final wonderful Christmas. |
| 0:25.6 | I've got my family up. We're going to be settling down with food, some drinks, some |
| 0:29.3 | games, some arguments, and some Bitcoin talk. |
| 0:31.7 | I'm not going to do that. I'm not going to ruin their Christmas. |
| 0:34.1 | Anyway, welcome to the What Bitcoin did podcast, |
| 0:36.2 | which is brought to you by Gemini, |
| 0:37.4 | the only place I'm using for buying Bitcoin. |
| 0:39.6 | I'm your host Peter McCormack, and today I've got Danny Scott on the show. |
| 0:42.8 | Coin Corner, Danny, you must know him. |
| 0:44.7 | If you don't know, he's a great guy. |
| 0:45.7 | Men for the first time recently up at the Edinburgh conference. |
| 0:48.3 | Had a good chair about Bitcoin. |
| 0:49.7 | I said, come on Danny, it's about time you came on the show. |
| 0:51.7 | Wanted to get Molly on as well, she'll be on at some point. But Coin. on with because I'm usually spending time out in the US. But with the exchange, the bulk card, |
| 1:04.0 | and the new products they're building, |
| 1:05.0 | it's really exciting what they're up to. |
... |
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