“Layer 0 is deeply connected to time and energy, layer 1 is deeply connected to blockspace and mining pools… layer 2 is deeply connected to routing and the onion network which lives inside the Lightning network; it’s cool that each layer thinks it’s about one thing and winds up solving these unexpectedly adjacent problems.”— Dhruv BansalDhruv Bansal is a co-founder of Unchained Capital. In this interview, we discuss how Satoshi approached creating Bitcoin, Bitcoin’s deep relationship with time, how markets drive decentralisation, and scaling vs ossification.- - - - This episode’s sponsors:IREN - Bitcoin Mining. Done Sustainably Swan Bitcoin - Invest in Bitcoin with SwanBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletCheatCode - Bedford, UK - April 12-13Casa - Take control of your digital wealthBitcoin Policy Summit - Washington, D.C - April 9th, 2024 -----WBD786 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal |