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Video Description

In this video, I answer questions about how the Lightning Network and the Liquid Network can help to scale Bitcoin.
Both offer faster and cheaper transactions, while giving up some of the final settlement guarantees that are only available at the base layer.
As on-chain transaction fees move much higher over time, people will be forced onto higher layers, especially for small, low value transactions that don't require the same final settlement guarantees that the base layer can provide.
Bitcoin's end game is completely full blocks that provide final settlement for the net results of transaction that take place on higher layers.
Like other money, Bitcoin will scale in layers.
I was thinking yesterday about Inscriptions and 'stamps' clogging up the base layer and adding huge extra time to download the blockchain.
However regarding the scaling issue more generally I'm still very positive that solutions will be found and the bitcoin train will continue on.
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I'm still very positive that solutions will be found and the bitcoin train will continue on
Me too
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Liquid is not a scaling solution and it requires trust in the issuer.
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Ben hates liquid
He supports fedimint which relies on a federation like liquid
Federation is trust
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