Elizabeth Stark, Lyn Alden On Bitcoin

Lightning Labs CEO Elizabeth Stark and macro economics researcher Lyn Alden, founder of Lyn Alden Investment Strategy, took the stage at Bitcoin 2021 in Miami on Saturday to talk about how Bitcoin is useful for billions of people, not just billionaires.

“People are able to use bitcoin to send value globally, instantly and for almost no fees,” Stark said. “With Lightning you can send a fraction of a cent.”

Stark referenced Lightning Network payments in places like El Salvador, showing that bitcoin can be useful in low-income communities. In particular, she said nearly six billion people live in places without stable currencies and easy access to financial services. Many people may need to travel an hour or more if they want to send a bank transfer.

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