10: Building Businesses on Bitcoin's Lightning Network with John Marbach

In this episode of Outside The System, I spoke with John Marbach, the founder of Encrypted Energy. John is an entrepreneur, growth marketer, and engineer who is an alum of both Y Combinator and the Thiel Fellowship.  During the episode, we got into: Our personal introductions to Bitcoin Bitcoin mining and Bitcoin mining businesses How we take energy for granted at the consumer level  Energy costs Bitcoin's Lightning Network and how it will impact the future of commerce Business ideas that are enabled by Lightning You can support the show by boosting or streaming sats on a podcasting 2.0 player like Fountain. This episode is the first time I'm trying the episode split feature, which will automatically send John half the sats we receive for the episode.  Useful links from this episode: How Bitcoin mining works: https://www.coindesk.com/learn/how-bitcoin-mining-works-2/ Bitcoin's Lightning Network overview: https://lightning.network/ John's personal blog: https://jmarbach.com/ John's Twitter: https://twitter.com/jmarbach