Coincorner, Lightning And A Bitcoin Treasury Company Called BHODL. #579
Can a 'Bitcoin Treasury' Company help move bitcoin to become a medium of exchange?
$ BTC 92,263
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In this episode of the Once Bitten podcast, Daniel Prince interviews Danny Scott, the founder and CEO of Coin Corner and Chief Bitcoin Officer for B-Hodl, and Dave Boylan, the CFO for both Coin Corner and B-Hodl, about their new Bitcoin treasury company B-Hodl and the state of the Bitcoin market.
Danny explains how yield can be generated through holding Bitcoin in lightning channels. When a payment is routed through a Lightning Network node, the node operator can take a small cut, generating yield on the Bitcoin locked in the channel.
Dave explains that if a company's market cap is less than the value of the Bitcoin it holds, it could be vulnerable to a takeover.
BHODL also have a grant scheme that shares one per cent of their raises to bitcoin projects, which can apply on their website.
And find out why their best ever performing tweet involved CMO Molly's feet.
A huge thank you to Danny and Dave for coming on the show, learn more at the links below:
Follow Danny here:
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