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Crypto for Newborns - Episode 24: Lightning Network, Bitcoin's Ticket to Worldwide Adoption?
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El Salvador recently passed legislation to make Bitcoin legal tender currency. Is this the “shot heard ‘round the world for Bitcoin” as Strike CEO Jack Mallers stated? Will other countries take the Bitcoin plunge? If so, how to overcome the slow and costly transaction issues of Bitcoin? That’s where the Lightning Network comes in, the potential solution to making Bitcoin transactions fast, cheap and efficient.
In episode 24 of the Crypto for Newborns podcast, find out what motivated El Salvador to embrace Bitcoin, how the Lighting Network is facilitating that change and making heads or tails of what’s next for Bitcoin as a worldwide currency!
Resources:
Article: In a world first, El Salvador makes bitcoin legal tender
Article: Strike Launches Bitcoin Lightning Payment App in El Salvador; Full EU Support Is Next
Article: Will Other Countries Follow El Salvador Into Making Bitcoin A Legal Tender?
Send your questions, comments, rants and raves about to biff@cryptofornewborns.com.
Website: cryptofornewborns.com
If you would like to donate a bit of cryptocurrency to the Crypto for Newborns podcast, feel free to send as much as you’d like – far be it from me to inhibit your generosity! I’m accepting Ethereum right now but if you’re compelled to send me some other kind, email me at your earliest convenience!
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Thanks for tuning in!
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