Read_421 - Lightning as a Retail Payment System [Nicolas Burtey] - a podcast by Guy Swann

from 2020-07-27T21:39

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"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 privacy? 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

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