Bitcoin Brings Global Financial Freedom | Crypto Bahamas | Summary and Q&A

TL;DR

Bitcoin continues to serve as the foundation for innovation in the digital asset space, with the lightning network allowing for new payment-focused possibilities.

Key Insights

• 😒 Bitcoin continues to be the foundation for innovation in the digital asset space, providing liquidity to other protocols and unique use cases.
• 👻 The multi-layered approach to building on bitcoin allows for the development of new applications, such as the lightning network for payments and communication protocols.
• 😘 The crypto industry offers low barriers to entry for learning and participation, with a wealth of free resources and research publications available.
• 🙅‍♀️ Women can thrive in the crypto industry, as it is diverse and encourages the marketplace of ideas, where good ideas rise and are challenged, regardless of gender.
• 🕵️‍♀️ Prominent female leaders in the crypto industry, such as Katie Hahn, Amy Wu, and Elizabeth Stark, serve as role models for women entering the field.
• 👻 Bitcoin's global nature allows for financial access and freedom, particularly in countries where financial exclusion or violence is prevalent.
• ⚾ The adoption of bitcoin and bitcoin-based applications is empowering communities worldwide, providing financial access to those who have never experienced it before.

Transcript

welcome to crypto bahamas i'm liana hawkins and i am joined today by malcolm demiros she is chief strategy officer at coin shares welcome thanks for having me excited to be here in the bahamas of course it's nice to have you down here at the warm weather talking about bitcoin and lightning give me a little insight from your panel today yes so one o... Read More

Questions & Answers

Q: What is the role of bitcoin in the digital asset space?

Bitcoin serves as the foundation for the digital asset space, providing liquidity and acting as the genesis of innovation for other protocols and use cases.

Q: How does the multi-layered approach to building on bitcoin work?

Bitcoin's multi-layered approach involves building abstraction layers on top of the bitcoin network. Layer two, the lightning network, focuses on payments, while layer three explores applications like communication protocols.

Q: What resources are available for individuals looking to learn about crypto?

In the crypto industry, there are abundant free resources and research publications. Coinshares, for example, provides in-depth papers on bitcoin and the lightning network.

Q: How can women network in the crypto industry?

The crypto industry is diverse and open, making it accessible for everyone, regardless of gender. Women can network online and find like-minded individuals to work with, without traditional barriers to entry.

Summary & Key Takeaways

• Coin Shares, a digital asset investment firm, has been managing digital assets since 2014 and highlights bitcoin's role as the genesis of the digital asset space, providing liquidity to other protocols and use cases.

• Bitcoin's multi-layered approach, with layer two focused on payments through the lightning network and layer three exploring applications like communication protocols, allows for innovative building on one base protocol.

• The education barrier in the crypto industry is low, with global accessibility and abundant free resources. Coinshares provides valuable research for individuals looking to learn more about crypto.