In this episode with Nik Bhatia, we talk about the potential for forming capital markets on top of Bitcoin and the Lightning Network, by calculating an interest rate (LNRR - Lightning Network Reference Rate) based on the routing fees earned in staking BTC to Lightning Network payment channels.
Today
Institutional Custody, Multisig & the War on Cash | Mike Belshe SLP773
Mike Belshe, co-founder and CEO of BitGo, walks through how institutional Bitcoin custody actually works in 2026: qualified custody, self-custody co-signing, and why BitGo still centers a 2-of-3 model after pioneering P2SH multisig in 2013.BitGo now operates as a US-regulated qua ... Show More
1h 7m
Yesterday
Trustless Swaps Across Bitcoin Layers | Walter Maffione SLP772
Walter Maffione, CEO and co-founder of KaleidoSwap, join me to explain how the project grew from an RGB Lightning DEX into a broader swap engine and LSP stack — Lightning as rails between Liquid, Arkade, Taproot Assets, Spark, and RGB — plus KaleidoSDK, desktop app, and browser E ... Show More
37m 31s
Sep 10
Bitcoiners Must Remove Single Points of Failure | Dhruv Bansal SLP771
Recent attacks exposed how even large, educated Bitcoin holders remained exposed through single-vendor setups. The core lesson is that self-custody alone does not remove single points of failure; deliberate design is required.Dhruv Bansal, co-founder and CISO of Unchained, joins ... Show More
49m 10s
Jan 2022
The 3 Most Thought-Provoking Questions in Bitcoin With Nik Bhatia
This episode is sponsored by Nexo, Abra and FTX US.
On today’s episode, NLW is joined by Nik Bhatia, author of “Layered Money” and The Bitcoin Layer newsletter. They discuss:
Bitcoin’s relationship with equities and the TradFi markets
Why the Fed is trapped by rates mark ... Show More
41m 25s
Feb 2025
BTC220: US dollars on Bitcoin Lightning w/ Luke Gromen (Bitcoin Podcast)
Bitcoin’s Lightning Network is evolving into a global payments system, with over 21,000 active nodes enabling fast, low-cost transactions. Tether’s integration of USDT via the Taproot Asset Protocol could disrupt traditional finance, lowering transaction costs and increasing effi ... Show More
38m 58s
Dec 2024
Bitcoin Is Trump’s Scorecard, Strategic Reserve LIKELY
<p>In this episode, Nik Bhatia and Craig Shapiro explore the ripple effects of Federal Reserve policies, market movements, and the strength of the U.S. dollar under Trump’s pro-Bitcoin administration. They unpack how rising yields, persistent inflation, and tightening financial c ... Show More
35m 3s
Jan 2022
BREAKDOWN: The 3 Most Thought-Provoking Questions in Bitcoin With Nik Bhatia
The author of “Layered Money” also explores the relationship between crypto and tradfi markets.
This episode is sponsored by Nexo, Abra and FTX US.
On today’s episode, NLW is joined by Nik Bhatia, author of “Layered Money” and The Bitcoin Layer newsletter. They discuss:
Bitcoi ... Show More
42m 25s
Mar 2025
266. Bitcoin Age with Nik Bhatia
<p>Nik Bhatia joins us to discuss his new book, Bitcoin Age!</p><p>Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s four <a href='https://saifedean.com/courses'>online economics courses</a>, and read ... Show More
1h 3m
Jul 2025
The Real Bitcoin Payments with Lightning and Stablecoins - Graham Krizek
Episode Topic: Graham Krizek, Founder of Voltage, joins PayPod to discuss how the Lightning Network is transforming Bitcoin from a slow and expensive currency into a scalable, real-time payment solution. He explains how Voltage helps businesses adopt Lightning infrastructure easi ... Show More
24m 2s