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100 sats \ 1 reply \ @kendallweihe 29 Aug 2022 \ on: Lyn Alden AMA bitcoin
What long term role do you think Bitcoin could play in the global credit markets? Not merely as a hedge against the existing fiat credit markets, but the network technology and its ability to settle value.
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46 sats \ 0 replies \ @lynaldencontact OP 29 Aug 2022
That still remains to be seen, but the bigger it gets, the more it could be use as a global settlement network. Strike and Bottlepay are using it for that purpose. Taro could improve it for that purpose.
Bitcoin's base layer can process about as many annual settlements as Fedwire, and can do so in a decentralized way that anyone can connect to rather than being a closed sysetm. I think that's a pretty big deal.
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