In today’s 4th episode of Bitcoin, Fiat & Rock ‘n’ Roll Lightning week, Jonas speak to Anita Posch about Lightning network usage cases. Anita is associated with numerous Electricity tasks, specifically in establishing nations in Africa, and reports on her first-hand experience in the program. It displays in a fascinating manner in which for numerous African people, Bitcoin and Electricity are typically the only escape, as most of individuals do not have a savings account or payments are too pricey.
Corruption and high inflation rates are likewise triggering problems for residents. Electrical power now enables you to make quick and cost effective payments independently with a digital gadget and provides numerous unbanked individuals the only method to conserve digitally. These utilize cases associated to budget friendly worldwide payments and monetary addition are necessary not just for emerging and establishing nations however likewise for developed nations, as payments in other currency locations still have high charges today.
In addition to these usage cases, Anita likewise discusses the benefits of Lightning in regards to material production and media. Electrical power can be utilized to make real-time (and automated) payments based upon real use. You no longer require to take out a membership to a publication or basic streaming, however you can pay per second of “usage”.
Lightning likewise uses advantages in the context of podcasting, as podcasters can get little payments from the neighborhood in genuine time. Anita was among the very first speakers to utilize such a concept for her podcast. He likewise discusses this in the episode.
Enjoy listening to the program!
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