The "What is Money?" Show

Bitcoin’s Trojan Horse: Lightning Network Masterclass w/ Jesse Shrader

75 snips
Sep 26, 2025
In this engaging session, Jesse Shrader, founder of Amboss and a Lightning Network expert, unpacks the intricacies of Bitcoin's Lightning Network. He explains how this layer-two technology enables off-chain microtransactions and tackles liquidity challenges. The conversation dives into privacy benefits, the importance of scaling solutions, and how Amboss utilizes data to enhance Lightning's efficiency. Jesse also reveals how incentivized liquidity can accelerate Bitcoin's adoption, shaping its future as both a monetary tool and a platform for diverse applications.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
ANECDOTE

Buying Coffee In Madeira

  • Robert recounts using Phoenix wallet in Madeira to buy coffee with Lightning faster than a credit card.
  • That user experience convinced him Lightning works as a practical medium of exchange.
ADVICE

Earn Yield Without Losing Custody

  • Earn yield by providing liquidity: route payments for fees or lease liquidity via marketplaces for 1–4% APY historically.
  • Keep custody while participating by opening channels on your own node and granting limited permissions to operators.
ADVICE

How A Nontechnical User Can Participate

  • Use managed self-custody services that give you seed control and limited permissions (macaroons) to earn yield safely.
  • Grant only channel-open/close and receive permissions so operators can't withdraw your funds.
Get the Snipd Podcast app to discover more snips from this episode
Get the app