Spending USD over Lightning | Pension Crisis and Scarce Assets | 500 Million Bitcoin Transactions - BBP71 episode artwork

EPISODE · Feb 16, 2020 · 1H

Spending USD over Lightning | Pension Crisis and Scarce Assets | 500 Million Bitcoin Transactions - BBP71

from Beef and Bitcoin · host Beef Andbitcoin

Join Brett and CH as they discuss the recent apps from Jack Mallers and Escher that allow users to pay lightning invoices with USD. Bitcoin on the lightning network is maturing as a payment rail technology where the user no longer has to actually touch bitcoin in order to use it! This allows them to earn bitcoin back in certain use-cases, like buying gift cards on Fold over the lightning network, sometimes earning 5% back in Bitcoin. The looming pension crisis is also continuing to materialize and has been a topic of interest for Raoul Pal and Real Vision. Their latest series on the pension crisis paints an interesting picture of things to come. Last but not least, the bitcoin network processed its 500 millionth transaction. Not bad for being 11 years old! All of this and more https://twitter.com/jackmallers/status/1222941238279708674?s=21 https://twitter.com/BMBernstein/status/1227312052991074305 https://decrypt.co/18481/bitcoin-breaks-500-million-transaction-milestone

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Spending USD over Lightning | Pension Crisis and Scarce Assets | 500 Million Bitcoin Transactions - BBP71

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