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"[Paying the users is] a tool [these platforms] can use."
"On Stacker News, I'm not earning Stacker News points. On Fountain, I'm not earning Fountain points. On both, I'm earning sats."
"People will be able to earn for the value they provide to the platforms they use."
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Today I speak to Kevin Rooke. He studies the Lightning network. We discuss how big the network already is, the new business models it will enable, how easy it will be for most people to earn sats and much more. A very enlightening episode indeed.
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Time stamps
04:51 How Kevin discovered bitcoin 07:29 New business models 22:11 Cash app vs organic wallets 27:02 Medium article 34:52 5-10% payments lost 37:25 Stable coins 43:20 Lightning and privacy 45:37 Centralisation 48:11 Liquidity on Lightning is centralizing 50:13 What you have learned from your guests 51:54 Criteria for investing in Lightning companies 55:36 VC and TAM - total addressable markets
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The link for an audio podcast was shared previously, here on SN:
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