TLS96: Dhruv Bansal on The Bitcoin Stack, Distributed Markets, Scaling in Layers, Nostr, Tor, and More

Feb 16 2023 • 1hr 55m

Show Notes

Dhruv Bansal is a physicist, entrepreneur, and the co-founder of Unchained Capital.
In our conversation we explored the idea of scaling Bitcoin in layers, the importance of distributed markets on Bitcoin, Lightning, and beyond, and we touched Nostr, Tor, Ordinals and frameworks for understanding Bitcoin.
→ The Bitcoin Stack Presentation: https://www.youtube.com/watch?v=qlV5_udJkC0
→ Unchained Capital: https://unchained.com/
Sponsors
→ Voltage: https://stacksats.how/voltage
→ Stakwork: https://stacksats.how/stakwork
This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.
The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm.
→ Fountain: https://www.fountain.fm/
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Links
→ Stack Sats: https://www.stacksats.how/
→ Twitter: https://twitter.com/kerooke
→ Books: https://www.kevinrooke.com/book-recommendations
→ Bitcoin News: https://stacker.news/r/kr
Timestamps
00:00 - Intro
02:20 - Dhruv Bansal Intro
08:41 - What Can Be Built on Bitcoin?
21:23 - Selling Bitcoin vs. Selling Altcoins
36:35 - The Importance of Building in Layers on Bitcoin
45:52 - How Important Is Decentralization on the Lightning Network?
58:22 - Second Order Effects of Lightning Network Changes
1:01:52 - Energy, Bitcoin, & P2P Connections
1:06:43 - The Pendulum of Centralization & Decentralization
1:13:23 - Can Lightning Fix Tor?
1:26:15 - The Role of Companies on Layered Protocol Systems
1:31:50 - Making Changes to Bitcoin
1:47:37 - The Lightning Round

Activity

@ion497

5,000 sats

Feb 27 2023

Probably one of my favorite episodes to date! Dhruv’s take on Bitcoin scaling and the economics necessary to build truly decentralized systems were very insightful.

@blightning

5,000 sats

Feb 19 2023

⚡️

@user26771407

1,500 sats

27 Nov

Insightful, in retrospect seemingly obvious ideas. Great episode

@halleck

1,000 sats

Feb 17 2023

Thank you for the episode, Kevin. Dhruv is an outstanding communicator of ideas. I would love to hear more from him in the future!