"Privacy is at the root of Lightning which is a requirement for a retail payment network to succeed. It builds on Bitcoin which does not optimize for privacy⁵ but transparency and robustness." - Nicolas Burtey & Chris Hunter As excellent piece today from the Galoy Money team that compares the current world of retail payment infrastructure with the incredible potential of a similarly architected, but fundamentally more open, permissionless, private, and censorship resistant payments system built with the Bitcoin & Lightning protocol stack.  An excellent piece with a sobering, but hugely bullish vision of a Bitcoin future. Check out the original and drop some massive applause for this piece at the link below: https://medium.com/galoymoney/lightning-as-a-retail-payment-system-part-1-7463c46342ef Start your stacking if you haven't! The train is leaving the station! swanbitcoin.com/guy will get you $10 free to start, and set your auto-purchase Bitcoin savings plan in motion. Set it and forget it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This risk is probably best countered by offering enough time to upgrade. Unfortunately, not everyone agrees on how much time is enough; some think forced signaling could start within a year, others believe it should take several years." - Aaron Van Wirdum Taproot is here! Now just how the hell do we decide to do the upgrade? Aaron Van Wirdum brings us another great piece at Bitcoin Magazine on the varied discussions on how to implement a Bitcoin soft fork in the post-SegWit days. Do we have PTSD, or are we ready for another leap in the Bitcoin protocol? Check out the original at Bitcoin Magazine: https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin For further reading/listening on Segwit, Taproot, Schnorr, & more, check out these other awesome articles below: Taproot is Coming • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_318---Taproot-is-Coming-Aaron-van-Wirdum-e8um0c The Long Road to Segwit • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_054---The-Long-Road-To-Segwit-e2ndsv Schnorr Signatures & The Inevitability of Privacy • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_226---Schnorr-Signatures--The-Inevitability-of-Privacy-in-Bitcoin-Lucas-Nuzzi-e3jfhi Paying Yourself for Privacy on Lightning • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_352---Paying-Yourself-for-Privacy-on-Lightning---Aaron-Van-Wirdum-eaq2go Simplifying Lightning with the "No Input" Class • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_297---Simplifying-Lightning--The-Noinput-Class-Aaron-Van-Wirdum-e5fhoa ----------------------------- Start your Bitcoin savings plan at SwanBitcoin.com/guy! Don't hate yourself for having delayed weeks and missed a prime, sat stacking opportunity before the next bull market. Today is it! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message