What's this episode about?
On this episode of The Nyc & Griff Show, we get things kicked off with a fresh business idea from Griff on how to link college athletics and Bitcoin and the Lightning Network. How impactful is the Lightning Network in terms of payments? Could it really fundamentally change how we transact with one another? Chasing Bitcoin down the rabbit hole may bring you to a conclusion that everything should be decentralized, but to what extent do creators and users have personal responsibility? What other factors play into how people make decisions with their lives every single day? These topics and many more on this episode.
Here on The Nyc & Griff Show we like to talk about money, economics, business, investments ... Bitcoin. Hoping to answer some questions and learn a little along the way. Bitcoin: An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property ... what isn't it?
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Time Codes:
0:00 - Intro
2:11 - A Bitcoin business by Griff
5:17 - Using Strike and the LN via Twitter
9:36 - Jack Mallers and the Lightning Payments Network
14:05 - Social networks and Lightning Network transactions
23:00 - Responsibility and Security
29:51 - Online marketplaces / Digital marketplaces
34:11 - Bitcoin is about decentralization
36:34 - Ante up on Twitter
38:46 - Capital Allocations
43:24 - Get on Strike! (JOIN NOW!)
43:52 - Organized growth in a decentralized network
50:54 - Utilizing Bitcoin and the Lightning Network
54:57 - The classic run around: transactions
1:09:36 - Fiat mind Bitcoin mind
1:17:59 - Socialism is a fun thought
1:19:35 - Generational beliefs and cultural impacts
1:34:16 - Concluding thoughts
Content from The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and is only our opinion and perspective.
