Taro and the Bitcoin "Killer App"

1 year ago
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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

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