Stephan Livera Podcast Plan B El Salvador 2026 with Peter Schiff, Piero Coen, Skot | SLP715
Feb 3, 2026
Peter Schiff, economist and gold advocate, debates gold, monetary policy and AI. Piero Coen, founder of Osmo, discusses Bitcoin rails, fiat on/off ramps and Lightning for Central America. Scott (Scott9000), electrical engineer behind BitAx, talks open-source Bitcoin mining, decentralization and heat-reuse projects. Short, lively conversation covering gold vs Bitcoin, regional payment infrastructure and mining openness.
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Bitcoin As The Interoperability Layer
- Osmo functions as a Bitcoin-native multi-currency bank, using Bitcoin as an interoperability bridge for fiat transfers.
- Piero explains conversions fiat→Bitcoin→fiat behind the scenes to enable seamless cross-border payments.
Lightning Enables Millisecond Fiat Transfers
- Lightning network usage at Osmo grew explosively and enables near-instant, low-cost fiat transfers via Bitcoin.
- Piero reports many internal transfers settle in ~64 milliseconds using Lightning.
Convert Fiat To Bitcoin At Checkout
- Offer fiat balances that convert to Bitcoin at point of sale so users keep sats while merchants receive fiat.
- Piero advises integrating fiat-to-Lightning flows so users pay without spending their Bitcoin holdings.
