In this episode with Nik Bhatia, we talk about the potential for forming capital markets on top of Bitcoin and the Lightning Network, by calculating an interest rate (LNRR – Lightning Network Reference Rate) based on the routing fees earned in staking BTC to Lightning Network payment channels. We discuss:

  • How you could earn interest on your bitcoins with Lightning Network
  • Different ways LNRR could be calculated
  • Differing levels of risk available within bitcoin (cold storage, LN staked, off-chain lending)
  • LN Interest or fees?
  • Fractional Reserve vs Full Reserve
  • Channel management and security risk
  • CFA inclusion of cryptocurrencies into course material


Subscribe to the Stephan Livera Podcast: Apple | Libsyn | Stitcher | Spotify

Support on Patreon: Stephan Livera Patreon

Website: Message/Follow me on twitter: @stephanlivera

Leave a Reply