Bridge to Phase 9
Part 8 covered thirty days of Lightning and daily use — the implementation layer that makes Bitcoin useful for everyday transactions.
What Lightning is and how it works. Payment channels, routing, HTLCs. The tradeoffs: speed and low cost in exchange for online requirements and liquidity management. When to use Lightning versus on-chain — two tools for different jobs.
The real world use cases. Remittances — the $800 billion global market where Lightning charges fractions of a cent versus the industry average of 7%. El Zonte and Bitcoin Beach — the circular economy that proved the concept before the government did. Strike and the direct corridor between US workers and their Salvadoran families.
The tools. Lightning wallets from custodial to self-custodial. Lightning addresses. Zaps on Nostr. The creator economy running on sats. LNURL making everything smoother behind the scenes. The honest limitations alongside the genuine capabilities.
Part 9 is different. It’s the last part. And it’s the biggest — 75 days.
Part 9 zooms out to the widest possible lens. Financial sovereignty — what it means and why it matters. CBDCs and the alternative future they represent. The petrodollar system and where Bitcoin sits in global monetary geopolitics. The institutional wave — BlackRock, nation states, strategic reserves. Bitcoin and energy. Bitcoin and freedom. What the world might look like if Bitcoin succeeds.
And then: the close. What 365 days has built. What you now know that you didn’t on Day 1. The letter that ends where the letter on Day 1 began.
See you in Part 9.
— The Daily Bit
Part of The Daily Bit — 365 days to understanding Bitcoin.
