Sagun Garg

3 x Founder/CTO (15+yrs), 2 x CTO Advisor, 3 x EIR, 9+ Polyglot Programmer, ex-Deloitte, B-Tech(CS).

[3 x Startups] [GitHub] [X/Twitter] [Blog] [Google Scholar]
Written by Sagun Garg

Bitcoin

You can’t use Bitcoin as a currency. It’s, at best, a store of value. Hence lightning network becomes important

The intentional scarcity(21 million) guarantees increased value, making it a deflationary currency. And the speculators make it too volatile to use for most transactions. Hence lightning network becomes important and acts as a layer 2 on top. Lightning is a Web3 monetary layer separate from Bitcoin.

References (Read for Free on Bitcoin & Lightning Network)

  1. Learn me a bitcoin
  2. Q&A on Bitcoin