The State of Bitcoin and the Lightning Network with Jack Spirko - Epi-19

All links resources and the audio of this video will be available at https://thebitcoinbreakout.com/state-of-btc/ about one hour after the live stream of this video is over.

Today I wanted to go solo on a variety of bitcoin and lightning network topics I see popping up a lot in listener emails, youtube live chat and especially on Bitcoin Twitter.  There is a lot going on, good news, FUD and some actual misinformation.  You know real "misinformation" not the MSM version of the word. 

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We cover the following bullet points in this order for this episode

* Why do I prefer the Fold Card over something like "BlockFi"
* Why do so many shitcoin projects fail so miserably
* What would be a good product to build on lightning right now
* Is the lightning network actually decentralized or is it controlled by the banks
* Is anyone using the lightning network
* 17K active nodes
* 81K active channels
* 92 million dollars in capacity (reusable)
* Why the "but it uses a third party argument" is stupid and usually made by people using a 3rd party anyway
* Why I say, the market will make lightning scale, don't even worry about it
* If you are holding shitcoins right now and want to move to BTC should you do it now or later (it depends)
* Why products like "Wallet of Satoshi" are fine for day to day lightning use and actually pretty private
* The most impressive thing about the current BTC hash rate and how it destroys the energy argument
* MicroStrategy is quadrupling down on bitcoin, time preference = courage