Scaling Bitcoin for Billion People with Adem Back | Relai Bitcoin Podcast #83

Adam Back is the CEO and founder of Blockstream and has been involved in Bitcoin since its beginning. Before working in Bitcoin, Adam had already been working on various e-cash solutions and how to use encryption to protect users' privacy. He’s one of the earliest cypherpunks in the industry.  In this conversation with Relai CEO Julian Liniger, Adam shares his journey into Bitcoin, how Blockstream is working on scaling Bitcoin, why encryption is key, and how the Bitcoin community and companies need to improve their services to onboard more people into the Bitcoin network.  You can find Adam on X (Twitter) here: https://x.com/adam3us  You can find out more about Blockstream here: https://blockstream.com/  — 00:00 - Intro 01:55 - How does Adam see the future of Bitcoin scaling 07:20 - Why certain investors are happy with custodial services 08:10 - How Greenlight and Breez helped with the Relai Lightning wallet 15:35 - Why integrating all the Bitcoin scaling solutions into one service is key 20:15 - Where on the spectrum is Liquid? Is it custodial or non-custodial? 28:00 - How Liquid and different layers can facilitate the orange pill process 33:10 - Why Bitcoin is so much more than just savings technology 36:00 - Do we need more layers on top of Bitcoin for other use cases? 46:00 - We need to keep networks permissionless and open 48:50 - Adam’s Bitcoin allocation in his portfolio — Prefer to enjoy this show in audio format?  Listen on Apple Podcast: https://podcasts.apple.com/at/podcast/relai-bitcoin-podcast/id1543267066  Listen on Spotify: https://open.spotify.com/show/06BdZid57RlCgBNsgr703A?si=5ec60cc680534b44  -- The opinions expressed on the show are the opinions of the individual guests and may not reflect the opinions of Relai AG. The information on the podcast may be changed without notice, and is not guaranteed to be correct, complete or up-to-date. -- Relai is Europe’s easiest bitcoin investment app. The ‘Made in Switzerland’ bitcoin investment app enables anyone in Europe to invest in bitcoin within minutes. You can buy bitcoin instantly or set up a weekly/monthly savings plan for as little as 25 CHF/EUR and invest in bitcoin automatically over time. 👋 New to Relai? Visit our website to learn more: https://relai.app/ 📲 Download our Android App: https://play.google.com/store/apps/details?id=com.relai 📲 Download our iPhone App: https://apps.apple.com/app/id1513185997  💡 Don't forget to subscribe to the podcast, so you never miss an episode! 💡 Also, don't forget to subscribe to our YouTube channel to watch the episode in video format and enjoy the best bits from new episodes: https://www.youtube.com/c/Relai Follow us on Twitter ➡️ https://twitter.com/Relai_app Follow us on Instagram ➡️ https://www.instagram.com/relai.app/ Like our Facebook page ➡️ https://www.facebook.com/pg/RelaiApp/community/  #bitcoin #personalfinance #savings #buybitcoin