Joe Consorti is a Bitcoin market analyst who recently wrote a great article called The Time Value of the Lightning Network.
In our discussion, we got into the time value of money and how it applies to the Lightning Network, we discussed Lightning banks, and we explored the idea of generating yield on Lightning today, and using things like Taro in the future.
→ The Time Value of the Lightning Network: https://thebitcoinlayer.substack.com/p/the-time-value-of-lightning-network
Sponsors
→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo
→ ZEBEDEE: https://zeb.gg/rooke
This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.
The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm.
→ Fountain: https://www.fountain.fm/
→ More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT
→ Lightning Address: ⚡kerooke@fountain.fm
Links
→ Twitter: https://twitter.com/kerooke
→ Books: https://www.kevinrooke.com/book-recommendations
→ Blog: https://www.kevinrooke.com/blog
Timestamps
00:00 - Intro
02:31 - Joe Consorti Intro
06:58 - Lightning Network Catalysts
09:59 - Earning Yield and the Lightning Network Reference Rate
26:49 - Lightning Network Fees Over Time
32:07 - Why Public LN Capacity is a Lagging Indicator
39:12 - The Fiat vs. Bitcoin Risk Curves
50:44 - Bitcoin Denominated Loans
59:12 - Who Can Be a Lightning Bank?
1:02:37 - Taro’s Impact on Bitcoin and Lightning
1:15:17 - The Lightning Round
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Where Is My Flying Car? | J. Storrs Hall | BM7
Americana: A 400-Year History of American Capitalism | Bhu Srinivasan | BM6
Zoning Rules!: The Economics of Land Use Regulation | Bill Fischel | BM5
The Rise and Fall of American Growth | Robert J. Gordon | BM4
Scale: The Universal Laws of Life, Growth, & Death in Organisms, Cities, & Companies | Geoffrey West | BM3
The Fabric of Civilization: How Textiles Made The World | Virginia Postrel | BM2
TLS126: Moritz Kaminski on Alby, Lightning & Nostr Adoption, and Bitcoin Connect
SS11: How CrowdHealth is Stacking Sats with the Breez SDK
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TLS125: Christian Decker on Blockstream Greenlight, Custody on Lightning, and More
TLS124: Christopher Calicott on Trammell Venture Partners & Building a Bitcoin-Native VC Fund
TLS123: Sam Wouters on the State of the Lightning Network in 2023
TLS122: Fanis Michalakis on LN Markets, DLCs, Lightning, and More
SS10: How the Satoshi Coffee Company Stacked Millions of Sats with BTCPayServer
TLS121: Jesse Shrader on Amboss Magma & Hydro, Lightning Network Metrics & Adoption, and More
TLS120: Artur Brugeman on Building Nostr Band, The Growth of Nostr, and Spring's New Nostr Browser
TLS119: Alex Leishman on the Future of Lightning Payments, Taproot Assets, and River's Lightning Node
SS9: How Margie Ramos Stacked Over 1 Million Sats with Muun Wallet and Shopify
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