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Taro and the Bitcoin "Killer App"
𝗚𝗲𝘁 𝗧𝗵𝗲 𝗨𝗹𝘁𝗶𝗺𝗮𝘁𝗲 𝗚𝘂𝗶𝗱𝗲 𝗧𝗼 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗖𝗼𝘂𝗿𝘀𝗲:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss the new Taproot-enabled Bitcoin protocol called "Taro," which enables anyone to issue new assets (like USD stablecoins) on the Bitcoin blockchain and then move them around the world using the Lightning Network.
This is a very exciting development, and if it works, it should contribute massively to building out Bitcoin and Lightning Network infrastructure globally, as well as increasing liquidity on the Lightning Network.
I also discuss Michael Saylor's idea for a Bitcoin "killer app" that will allow anyone in the world to hold and spend BTC, USD stablecoins, and local fiat using their smartphone. The fiat and stablecoin piece of this vision could be enabled by Taro.
Not investment advice! Consult a financial advisor.
The Lightning Network Made Easy:
https://www.youtube.com/watch?v=nusOl6wb1a4&ab_channel=TraderUniversity
Map of Lightning Network nodes and channels:
https://explorer.acinq.co/
How Taro works:
https://bitcoinmagazine.com/technical/how-bitcoin-taro-protocol-works
https://river.com/learn/what-is-taro-in-bitcoin/
More on Taro from Lightning Labs:
https://lightning.engineering/posts/2022-9-28-taro-launch/
https://docs.lightning.engineering/the-lightning-network/taro
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#taro
#lightningnetwork
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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