Federal Reserve on the Lightning Network w/ Shone Anstey of LQWD | BFC Show Ep 35

About this episode

Shone Anstey discusses the significance of Bitcoin and the Lightning Network as trust protocols in the context of the AI revolution.

Shone Anstey of LQWD Technologies joins Pierre Rochard to discuss why Bitcoin and the Lightning Network are the essential "trust protocols" for the coming AI revolution. Learn how the Lightning Network acts as a major computer science breakthrough, extending the internet's OSI stack to allow money to move at the speed of intelligence for a machine economy bigger than the human economy.Chapters00:10 Effectively unlimited scale01:00 Shone Anstey’s background in 90s tech02:32 Scaling Lightning like the early internet04:52 Technical requirements of nodes and channels08:25 Extending the internet’s plumbing (OSI Stack)10:57 Bitcoin as an open protocol for trust15:57 Why the Lightning Network needs volume19:33 Why AI agents prefer Bitcoin30:59 Moving money at the speed of intelligence36:45 Will the Federal Reserve use Lightning?48:11 The Nakamoto Effect and Metcalfe’s Law

People in this episode

Host: Pierre Rochard

Guest: Shone Anstey

Topics covered

• Bitcoin
• Lightning Network
• AI revolution
• trust protocols
• computer science
• machine economy

Keywords

• Bitcoin
• Lightning Network
• trust protocols
• AI revolution
• computer science
• machine economy
• Federal Reserve

Mentioned in this episode

Organizations: LQWD Technologies, Federal Reserve

Books & works: Lightning Network, Bitcoin

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