BTC113: Bitcoin Lightning Tackling Spam w/ Vida Founder Lyle Pratt

Preston interviews Lyle Pratt about the ways he’s using the Bitcoin Lightning Network to remove spam from social interactions and how it can scale across existing and future decentralized social media platforms.

IN THIS EPISODE, YOU’LL LEARN:
00:00:55 – Lyle’s background as an entrepreneur founding Better Voice.
00:05:19 – The history of VOIP and how it relates to Bitcoin today.
00:06:37 – The 402 payment required in the SIP protocol.
00:09:51 – Lyle’s story about finding Bitcoin at the intersection of telecommunications.
00:11:19 – What was the top thing he took away from successfully building and selling his first company?
00:13:27 – Lyle’s newest company, Vida.
00:15:12 – Lyle discusses the basics of spam and why it’s so prevalent.
00:19:21 – Spam can become worse with more decentralization.
00:30:45 – What does the Lightning Network bring to this problem?
00:45:18 – What Jiu-Jitsu and Bitcoin have in common.

?? Subscribe to the Preston Pysh channel: https://www.youtube.com/c/PrestonPysh
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?? Access our free show notes and transcript here: https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-lightning-tackling-spam-lyle-pratt/

?? RELATED EPISODES:
– (BTC111) Nostr – Decentralized Social Media & Bitcoin: https://link.chtbl.com/BTC111

? OTHER RESOURCES
– Connect with Lyle: https://twitter.com/lylepratt
– Lyle’s Nostr account: https://astral.ninja/npub1e44j79k847682u9tyshqe0stnknyu8nud9u2y0z77v75hd9peats0mv5cj
– Learn more about Vida: https://vida.page/
– Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3WG6WU3

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ABOUT OUR SHOW ?

On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.

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WHO I AM:
I’m Preston Pysh, an entrepreneur, investor, author, and cryptocurrency ? proponent. I’m the founder of BuffettsBooks.com and Pylon Holding Company. I have authored and co-authored ?? a number of investment and autobiographical works and also wrote multiple finance and investing-related articles for Forbes from 2016 and 2018. I take great pleasure in taking complex ideas ? and making them accessible.

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