We Study Billionaires - The Investor’s Podcast Network BTC090: Risk Free Rates on Bitcoin's Lightning Network w/ Joe Consorti (Bitcoin Podcast)
Aug 10, 2022
Joe Consorti, an expert on Bitcoin's Lightning Network, shares his insights into securing risk-free rates within the Bitcoin ecosystem. He discusses the significance of the Time Value of Lightning and predicts future rates for Lightning channels. The conversation delves into the implications of recent bear market trends and how they might signal exhaustion. Joe also highlights the innovations of Magma in liquidity leasing and evaluates the driving forces behind Bitcoin cycles, linking macroeconomic factors to Bitcoin's valuation and market dynamics.
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Exploring Magma
- Explore amboss.space/magma to access the Lightning channel marketplace.
- You can analyze channels, lease liquidity, and learn about interest rates, even without a node.
Crypto Market Domino Effect
- The collapse of Terra Luna triggered a domino effect of fragile market participants like 3AC.
- Voyager's uncollateralized loan to 3AC exemplifies the over-reliance on reputation in the crypto space.
Tesla and Bitcoin
- Tesla's Bitcoin purchase and subsequent sale highlight the importance of free cash flow.
- Their sale, boosting their balance sheet, contrasts with MicroStrategy's approach, emphasizing organic cash flow.