Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]

"Privacy is at the root of Lightning which is a requirement for a retail payment network to succeed. It builds on Bitcoin which does not optimize for privacy⁵ but transparency and robustness." - Nicolas Burtey & Chris Hunter As excellent piece today from the Galoy Money team that compares the current world of retail payment infrastructure with the incredible potential of a similarly architected, but fundamentally more open, permissionless, private, and censorship resistant payments system built with the Bitcoin & Lightning protocol stack. An excellent piece with a sobering, but hugely bullish vision of a Bitcoin future. Check out the original and drop some massive applause for this piece at the link below: https://medium.com/galoymoney/lightning-as-a-retail-payment-system-part-1-7463c46342ef Start your stacking if you haven't! The train is leaving the station! swanbitcoin.com/guy will get you $10 free to start, and set your auto-purchase Bitcoin savings plan in motion. Set it and forget it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message