Guy's Take #42 - Bitcoin's Second Chapter Begins

Published: Feb. 9, 2021, 8:23 p.m.

"In Chapter 1 we reached millions. In Chapter 2 we're going to reach billions and we're going to do it quickly. And Chapter 2 starts right now." - Ross Stevens\n\nWe are entering a phase of Bitcoin where it becomes accepted as a global store of value asset by large institutions and corporations around the world. Yet simultaneously, we are reaching a point where Bitcoin is also being recognized and utilized as a global, open source, and highly liquid monetary *network.* Chapter 2 isn't merely about Bitcoin being used to store and protect value, but about Lightning, and the ability to instantly send money and swap it with any currency anywhere in the world.\n\nInspired by a tweet from Ryan Gentry with an excerpt from Ross Stevens conversation with Michael Saylor... find out just how much Bitcoin is about to shake the world in today's guy's take episode! Check out the relevant tweet from Ryan:\nhttps://twitter.com/RyanTheGentry/status/1357487814645067789\n\nThe other episode mentioned at the beginning of the show to check out:\nStone Ridge Letter:\nhttps://bitcoinaudible.com/?p=5598\nLightning as a Retail Payment System:\nhttps://bitcoinaudible.com/?p=4567\n\nBuy Bitcoin using SwanBitcoin.com/guy to start your own automatic savings plan, get your first $10 free after setting it up, AND support the podcast!\n\nDon't forget our lovely sponsors & their phenomenal products:\nBitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)\nLVL.co -\xa0The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message