The Future of Bitcoin on the Lightning Network with Alex Bosworth

In this episode, Brad is joined by Alex Bosworth as they discuss the future of Bitcoin on the Lightning Network. Alex is a software lead at Lightning Network. He has experience working on open-source software and has experience creating backend exchange APIs. He also helped create a blockchain project to protect the integrity of the Royal Mint in the UK. As an accomplished developer and insider at the Lightning Network project, Alex has plenty of useful insights to share. The two get into several of the most relevant topics surrounding the Lightning Network, including Jack Dorsey-backed Square Crypto's unprecedented support for the Lightning Network. Tune for this and other interesting topics. Timestamps00:00:00 - Intro by Brad00:01:59 - Alex on his journey on Bitcoin00:06:26 - Parallels between private app development and a user-focused side of Bitcoin 00:12:07 - When can the average user use the Lightning Network?00:17:58 - Where are we with the Lightning Network?00:20:03 - How does the Lightning Network make money?  00:31:25 - Why does batching save you money?00:43:46 - Exchanges on adopting the Lightning Network00:53:03 - The Lightning Loop and how can it help you00:59:03 - Would the Lightning Network be able to support 1,2 billion users?1:06:21 - How many people are working on the Lightning Network? 1:14:25 - Delving into the Lightning Developer Kit by Square Crypto1:27:22 - Folks at Edge Wallet and their beef with the Lightning Network1:21:48 - Alex on providing liquidity on the Lightning Network, and can you too?1:27:50 - What're a Lightning Network dev's hobbies? 1:36:18 - Where to find Alex on socialPodcast MentionsPortugal's no capital gains tax on crypto Germany's crypto-friendly lawSegWitUTXOBatchingSchnorr and Taproot UASFSquare Cash app's Lightning Development Kit (LDK)Blockstream Find Alex Bosworth on:Alex Bosworth Twitter Find Brad Mills on:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram