"I continue to view the digitization of money as a key theme for the 2020s decade and beyond, both in bottom-up ways (e.g. bitcoins) and in top-down ways (e.g. central bank digital currencies), and am interested to see the directions that it goes in."

Today we're reading part 3, the final part, of Lyn Alden's 1:30 hour long article on the state of network. This will be a 3 part series due to length. In the first part we'll cover why a medium of exchange first needs to be built on top of a store of value. Lyn uses the lessons learned from previous Bitcoin forks and imitators to bring this point home.

In part 2 we cover why layers make sense to scale and how the Lightning Network is structured.

In part 3 we cover the critiques of the network and a summary of thoughts.

As always, you can support the show by supporting and subscribing to Alpe Audio: 👉 Start learning with Alpe: https://link.alpeaudio.com/70to/d895de1

Want to learn on the go but need more depth than a podcast? Alpe is the app for you. It’s an audio education app that brings great in depth courses that are as fun as podcasts but as educational as well, a degree. Each lesson comes with summaries, additional resources, flash cards and more. You can even find Ethereum Audible on Alpe with all those additional resources.

___________________

Link to the paper: https://www.lynalden.com/lightning-network/

Analysis of Bitcoins maximum price: https://thewizardstower.com/the-bitcoin-maxi-price-whats-the-maximum-price-of-bitcoin