US dollars on Bitcoin Lightning w/ Luke Gromen & Preston Pysh

In this episode, conversation explores how Bitcoin’s Lightning Network is revolutionizing payments, stablecoins, and the future of finance.

Full video summary: 🧵👇

1/ Why Bitcoin is Unique?

Unlike stablecoins (e.g., Tether) or altcoins, Bitcoin is truly decentralized. No issuer can control or take it from you. It’s a store of value AND a payment rail.

2/ Lightning Network’s Explosive Growth

Since 2017, the Lightning Network has scaled massively, with 2,592+ nodes globally. It’s enabling instant, low-cost Bitcoin transactions, creating a short squeeze on BTC supply.

3/ Tether on Lightning: A Game-Changer

Tether (USDT) is now routing transactions on the Lightning Network via Taproot Asset Protocol. Near-instant settlements, near-zero fees. This could disrupt traditional payment systems.

4/ Decentralized Finance (DeFi) on Lightning

The Lightning Network’s decentralized nature makes it nearly impossible to censor. With 21,000+ nodes, it’s more robust than centralized alternatives like Ethereum or Solana.

5/ The Future of Payments is Here

Imagine tokenizing stocks, bonds, or even Apple shares on Lightning. Instant settlements, no intermediaries. This could dismantle traditional clearinghouses and custodians.

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