Stephan Livera

Bitcoin podcaster. Investor & Advisor @ORANJEBTC, @bringinxyz

UAE Media Licence Permit: 8630300

[Stephan Livera @stephanlivera]

Chris Ritter from @ZeusLN joins me to discuss earning yield through routing on Bitcoin’s Lightning network today. Bitcoin-denominated, self custodial income on a rapidly growing network.

(00:00) – Introduction to Lightning Economics
(04:23) – Understanding Bitcoin Treasury Strategies
(09:08) – The Evolution of Lightning Network Routing
(14:45) – Growth and Volume in the Lightning Network
(19:57) – Centralization Trends in the Lightning Network
(25:08) – Security Considerations in Lightning
(29:30) - Zeus White
(35:05) – AI and Lightning
(39:33) - Zeus Wallet - graduated approach
(41:34) - Closing Thoughts

[Scoresby @BitcoinScoresby]

Did you know that #40HPW was real?

I counted the runtime for all the Bitcoin podcasts produced the same week that @bitcoin_bugle first used the hashtag and...

BITCOINERS PUBLISH MORE THAN 45 HOURS OF BITCOIN PODCASTS IN ONE WEEK!

We should be proud of our heritage.

[Michael Saylor @saylor]

Accretion depends on the metric. Net Assets per Share measures balance sheet strength and residual asset value. BTC per Share measures Bitcoin intensity and long-term equity upside. NAV accretion improves asset coverage. BTC Yield accretion increases Bitcoin per share. $MSTR $BTC

[Stephan Livera @stephanlivera]

@benthecarman @theonevortex @saylor Nah, the point is to buy more Bitcoin than you sell. That can still be true if Bitcoin CAGR is higher than the cost of capital

[Stephan Livera @stephanlivera]

@benthecarman @theonevortex @saylor You're trolling or serious?

I don't think it'll be a big issue, the big drop wasnt cos of 32 btc

[Stephan Livera @stephanlivera]

@_Adrian @saylor No worries, we need to do a podcast sometime

[Stephan Livera @stephanlivera]

Michael @saylor on digital credit and digital money and what he means when he says that

[Stephan Livera @stephanlivera]

Not addressing the point about how they don't need 30% CAGR smooth.

They're structured to survive with lesser CAGR, I was just explaining what I think is likely CAGR wise.

You started by saying it was a scam, then a ponzi and you were unable to prove either of those.

As for 'good luck', it's not about me, I'm just explaining why this is unnecessary friendly fire imo.

[Stephan Livera @stephanlivera]

Yeah but the point is we all believe Bitcoin is gonna grow a lot faster than the cost of the capital.

For me I think if the cost of capital is say 11 or 12%, but Bitcoin CAGR goes say 30% a year for the next 10 years, that's easily more than enough.

They can pay the obligations and still end up way ahead.

[Stephan Livera @stephanlivera]

@MrHodl @prieff @saylor Does saylor or any of us control fiat hyperinflating?

[Stephan Livera @stephanlivera]

@MrHodl @prieff @saylor What got us here won't get us there.

Bitcoin is following a power law and it'll have diminishing returns.

But to move the needle at this scale, it's required to attract more capital in. This is one way it can happen.

[Stephan Livera @stephanlivera]

@theonevortex @saylor So now you're saying it's a Ponzi, can you explain or articulate why? I don't think it is

[Stephan Livera @stephanlivera]

@MrHodl @prieff @saylor Bitcoin Treasury company managers and owners, and people who would like the resulting Bitcoin NGU

[Stephan Livera @stephanlivera]

@prieff @saylor Isn't the point to attract in capital from non-Bitcoin sources? Why is that a bad thing

[Stephan Livera @stephanlivera]

@theonevortex @saylor I don't think they're scams. Not every product is for every person

[Stephan Livera @stephanlivera]

@theonevortex @saylor Is that answering the point about how they're for different audiences?

[Stephan Livera @stephanlivera]

@theonevortex @saylor He separately said he never met someone who bought STRC instead of Bitcoin.

I read his point as, they're different things for different audiences.

[BitMEX Research @BitMEXResearch]

Great stuff!

🔥🔥🔥

Great that such a level of detail is provided in the report

Thanks @CryptoHayes

[Uncle Rockstar Developer @r0ckstardev]

This Friday I'll be on stage at @BTCPrague with fellow Bitcoiners @niftynei, @knutsvanholm & @peterktodd to debate the fallout from the Bitcoin Core v30 release.

Under @stephanlivera's moderation, I'm hoping we land on practical steps the Bitcoin community can take to reduce the infighting and refocus on productive collaboration.

What do you want to see covered during the debate? Drop the links to posts we should touch on!

[BTC Prague @BTCPrague]

That’s the point: Prague is a whole week, not just a stage. 👇
Here’s the BTC Prague After Hours thread built only from the side-event slides in this carousel, starting June 9.