Ben Arc is the creator of LNBits: a modular Lightning network wallet which, after 5 years of development, has just launched version 1. To celebrate this remarkable milestone, ”the CEO of Nostr” joins the show to talk about everything interesting in Bitcoin.

Time stamps:

00:00:53 - Introducing Ben Arc

00:01:08 - Ben Arc and LNBits V1

00:02:23 - LNBits beta version and V1 release

00:02:36 - Amir Taaki's Post-Syria Experience

00:03:08 - Rojava and Anarcho-Syndicalism

00:04:08 - LNBits development timeline

00:05:16 - Early stages of LNBits and Lightning

00:05:33 - Disillusionment in Bitcoin Space

00:07:20 - Stepan Snigirev and Specter DIY

00:08:11 - Modularity and extensions in LNBits

00:08:38 - Nostr and Bitcoin's Future

00:09:04 - Bear Market and Bitcoin's Value

00:10:00 - LNBits API and extensions

00:11:10 - LNBits as a sandbox for innovation

00:11:24 - Trump, Memecoins, and Market Downturn

00:12:31 - LNBits V1 new features and improvements

00:13:18 - Desired Bitcoin Adoption

00:14:12 - Dogecoin and Market Desensitization

00:15:09 - Bitcoin's Correlation with Stocks

00:16:26 - Bitcoin's Utility and Bear Market

00:17:41 - LNBits Investment and Thunderfunder

00:19:12 - Bear Market Camaraderie and Future

00:20:29 - Bitcoin's Humble Beginnings

00:22:20 - Dan Kaminsky and Len Sassaman

00:23:38 - LNBits security and real-world testing

00:23:51 - Satoshi's Anonymity Strategy

00:25:35 - John Nash and Satoshi Candidates

00:28:00 - Building extensions and ease of use

00:29:32 - Nick Szabo's Coding Abilities

00:30:34 - 600 Billion Meme Origin

00:34:34 - Hardware Wallets from AliExpress

00:39:09 - State of Lightning and future outlook

00:39:33 - Ledger Leaks and Supply Chain Attacks

00:41:42 - Trezor Security and Multisig

00:44:35 - Fiatjaf and Nostr

00:46:46 - Liquid Network Utility

00:51:51 - Nostr and IoT applications

00:52:48 - Lightning Network and Cross-Chain Swaps

00:55:48 - Bitcoin as digital gold and speculation

00:57:05 - Blockstream, Sidechains, and Federations

00:58:22 - Ideal money and Bitcoin's role

01:00:03 - Luke Dash Jr and Bitcoin Knots

01:00:47 - Layer 2s

01:03:15 - ZK-rollups

01:07:40 - Competition and collaboration in Bitcoin

01:07:58 - SegWit2x and BIP Bureaucracy

01:10:57 - Ecash and Cashu's development

01:11:11 - OpenTimestamps and Simple Proof

01:16:13 - Future Bullish Narratives for Bitcoin

01:17:29 - Improving Lightning Network design

01:22:43 - LNBits journey and future vision

01:25:08 - Businesses giving up on Lightning

01:30:01 - Node solutions and Raspberry Pi

01:34:54 - Zapstream and value-for-value content

01:37:05 - LNBits in five years

01:42:17 - Getting started with LNBits V1

01:46:33 - LNBits shop and hardware projects

02:00:00 - Nostr signing device

02:02:03 - Public key cryptography's importance

02:03:40 - Supporting LNBits and Nostr

02:05:05 - Nostr identity provider services

02:08:53 - Nostr's independence from blockchains

02:11:53 - Melvin Carvalho and Bitcoin community

02:14:02 - Nostr's Bitcoin echo chamber

02:17:03 - Nostr client discussion

02:18:26 - Elon Musk and politics

02:21:33 - Anarchism and private capital

02:30:31 - Roger Ver and taxation

02:37:05 - Bitcoin block size debate

02:41:13 - Bitcoin as medium of exchange

02:54:30 - Turkish Lira and the blind drummer

02:57:03 - Lightning Network's early days

03:05:05 - Strike and other Lightning companies

03:12:23 - Digicash and online payments

03:13:47 - Online identity and privacy

03:18:34 - Coinjoining and fungibility

03:22:13 - Privacy coins and Zcash

03:29:12 - Nostr, disinformation, and Phil Zimmerman

03:44:04 - Nostr growth and adoption

03:47:22 - Nostr applications and user growth

04:00:41 - Nostr Identity Purchases

04:05:27 - Private Key Backup Methods

04:06:41 - Nostr Development and Features

04:09:13 - Mallorca Blockchain Days

04:10:02 - Early Bitcoin Development

04:11:54 - Bitcoin & Nostr Adoption in Japan

04:15:28 - Nostr Conference Experiences

04:16:08 - Upcoming Conference Attendance

04:18:44 - Paralelni Polis Closure

04:20:25 - Room 77 Closure

04:21:14 - Early Bitcoin Wallets

04:24:20 - Early Bitcoin Figures

04:26:03 - Nokia N900 & LG Prada

04:28:36 - Ethereum and LocalBitcoins Origins

04:29:05 - Decline of Bitcoin Meetups

04:30:41 - Michael Saylor's Hope.com

04:38:05 - Saifedean plagiarized Dominic Frisby

04:41:14 - Saylor's Economic Views

04:45:35 - Consumerism and Planned Obsolescence

04:51:36 - Global Power Shifts and China

04:57:11 - European Union CBDC

05:03:04 - Cypherpunk Dream and Cryptography

05:06:03 - Politicians Using AI

05:15:24 - Bitcoin's Future and Replacements

05:20:44 - Bitcoin and Altcoin Development

05:24:41 - Lightning Network Importance

05:28:03 - Quantum Computing and Hard Forks

05:34:46 - Bitcoin in Suriname

05:42:09 - Secret Word