To celebrate the 10-year anniversary of the publication of the Bitcoin white paper, Charlie Lee, the creator of Litecoin, asks how Bitcoin can go from a speculative asset to real money (hint: the Lightning Network plays a role) and explains what he thinks is the significance of Fidelity getting into crypto and Bakkt launching. He also tells the story of how Poker Black Friday, when the government shut down online poker sites, demonstrates the need for Bitcoin, which leads us to discuss whether or not Bitcoin is mostly good for criminal activities. We explore how Satoshi leaving Bitcoin has influenced its trajectory, and, looking to the next 10 years, Charlie wonders whether we’ll find, via its market cap, that Bitcoin truly is a better store of value than gold — plus, he gives us his vision for Litecoin.
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Charlie Lee: https://twitter.com/SatoshiLite
Bitcoin white paper: https://bitcoin.org/bitcoin.pdf
Lightning Network: https://lightning.network
Unconfirmed episode with Fidelity Digital Asset Services’ Tom Jessop: http://unconfirmed.libsyn.com/fidelity-digital-asset-services-tom-jessop-on-why-its-serving-institutional-clients-first-ep043