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"Despite all of\xa0these constraints, the free market finally provided the competition these incumbent banks so\xa0desperately needed.\xa0Bitcoin\xa0and the Lightning Network have arrived to\xa0show the world that we\xa0finally have the technology available to\xa0bring cheap global payments to\xa0everyone in\xa0the\xa0world." - Sam Callahan\n\nToday we dig into the absolute mess of differing standards, wall gardens, high fees, jurisdictional conflict, & liability risks that abound in our global financial and payments infrastructure. Why are cross border payments so slow and so expensive, and why specifically is it so much worse in the areas of the world where it is most higher needed? We explore all of this with Sam Callahan and the SwanBitcoin blog and dig into the fundamental reasons why Bitcoin and Lightning are here to finally, after decades of failed attempts and half measure, finally bring competition and innovation in a sphere that is absolutely ripe for massive disruption. Don't miss this episode\nLink to the original article for more great stuff on the blog and to follow Sam:\nhttps://www.swanbitcoin.com/running-the-numbers-riding-the-lightning-network/\n\nFor the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:\n\u2022 Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.\n\u2022 Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)\n\u2022 Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message