In this conversation, Shone Anstey, CEO of LQWD, discusses the evolution of his company from a Lightning Network service provider to a Bitcoin treasury company. He shares insights on the current state of the Bitcoin market, the importance of the Lightning Network, and the strategies LQWD employs to accumulate Bitcoin and generate yield. The discussion also touches on the unique aspects of the Canadian market, the significance of mNAV and Sats per share, and the potential future of Bitcoin and Lightning in the global economy.
Takeaways:
🔸Bitcoin is a trust protocol first and foremost.
🔸LQWD started as a Lightning Network service provider and evolved into a treasury company.
🔸The Lightning Network is crucial for fast and secure Bitcoin transactions.
🔸Accumulating Bitcoin is a key strategy for LQWD’s business model.
🔸The Canadian market offers unique opportunities for junior companies.
🔸Understanding mNAV and Sats per share is essential for assessing treasury companies.
🔸The Lightning Network is becoming the payment layer of the internet.
🔸Yield generation through Lightning Network is sustainable even in bear markets.
🔸Bitcoin has the potential to fix global economic issues.
🔸Transparency and operational efficiency are vital for public companies in the crypto space.
Timestamps:
(00:00) - Intro
(01:01) - What was different about @BitcoinConfAsia?
(02:29) - What is LQWD?; Evolution of LQWD
(07:07) - Transition from a Lightning Network service provider to a BTCTC
(10:44) - Is the BTC on Lightning Network or cold storage?
(12:42) - What is LQWD’s BTC accumulation strategy?
(18:44) - Is the Canadian market BTCTC-friendly?
(21:05) - The importance of Sats per Share; LQWD’s BTC Yield
(23:39) - Lightning Network 101; AI will use Bitcoin
(29:23) - What is Lightning Network Yield?; Competitive edge in Lightning routing
(33:31) - Has Lightning Network failed? - Flow vs. Stock
(38:19) - Sponsors
(41:48) - Is the growth of LQWD sustainable?
(44:10) - The future of Layer 2 solutions
(46:55) - Bitcoin’s role in global economic stability
(52:54) - Why are some companies not rewarded with an mNAV premium?
(57:00) - Closing thoughts
Includes Paid Partnerships
Links:
Sponsor:
CoinKite.com (code LIVERA)
Stephan Livera links:
Follow me on X: @stephanlivera