Stablecoins Are Cancer And Rollups Are Dumb With Shinobi, Shehzan

Welcome back to The Gwart Show! Today we tackle the hard problem of scaling with Rollups, among other conversations. We’re re-joinbed by Shehzan, a Bitcoin builder focusing on borrowing and lending protocols on top of Bitcoin, and Shinobi, an out-spoken Bitcoiner and technical editor at Bitcoin Magazine.  Follow our guest on Twitter: @marediashehzan @brian_trollz Timestamps: 00:00 Start 02:12 L2s on Bitcoin 05:10 Do fees & speed effect payment adoption? 06:26 Why does lightning suck? 11:06 Lightning failed experiment? 12:21 Taproot assets on Lightning 15:59 Should stablecoins be on L1? 19:28 Stables are #1 use case 21:12 Roll ups 27:51 Why are devs interested in roll ups? 30:27 What roll ups are ready today? 36:26 Liquidity problems? 37:49 Other roll up limitations? 38:41 Roll up use case? 41:04 Are roll ups just a sneaky block size increase? 44:19 One roll up to rule them all 45:41 Do roll ups scale execution on BTC? 47:14 Single sequencer risk 50:12 Is Lightning "connective tissue"? 51:19 Unilateral exit in roll ups 53:09 Upgrades in roll ups 57:07 CATVM 1:00:18 New OP codes & scaling 1:06:58 Why will BTC expressivity be useful 1:08:19 VC backed projects pushing new OP codes 1:10:08 What is ARK? 1:14:47 MEV on Bitcoin 1:21:49 What roll ups will cause problems? 1:23:46 What roll ups have traction? 1:27:40 Are covenants on a deadline? 1:29:16 What's interesting right now? 1:30:12 The possibilities of eCash 1:32:49 Is Austrian Economics dumb? 👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities. Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices