Podknife - #426: Bringing Lightning To Utilities with Synota by TFTC: A Bitcoin Podcast

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#426: Bringing Lightning To Utilities with Synota

Podcast |: TFTC: A Bitcoin Podcast
Publisher |: Marty Bent
Media Type |: audio
Podknife tags |: Bitcoin,; Business,; Cryptocurrency,; Interview,; Technology
Categories Via RSS |: Technology
Publication Date |: Jun 06, 2023
Episode Duration |: 01:19:11

Marty sits down with Austin Mitchell, Lisa Scott, and Alan Schroeder from Synota to discuss bringing energy providers over to Bitcoin and LN. Synota on Twitter: https://twitter.com/Synota_

6:35 - Meet Synota14:05 - Payment settlement struggles for utilites16:56 - How Synota integrates23:47 - Financing possibilities26:20 - Utilities grokking bitcoin34:07 - Effects of decentralizing the grid45:22 - The team’s orange pilling49:41 - Mining industry is maturing55:56 - Efficiency impact of instant payments1:01:11 - Mining permanent funds1:05:03 - Issues building on lightning1:10:57 - Wrapping up

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