From Bitcoin Balance Sheets to Yield Streams: LQWD’s Lightning Remix
How running a Lightning node can be a part of a Bitcoin strategy
Canada’s LQWD yield, new tech from BTCPay Server, Bitcoin Commerce luxury and more in this edition!
Bitcoin on the balance sheet gathers steam including LQWD Canada 24% BTC yield
New BTCPay server plugin unlocks multi-merchant Lightning payments
More bitcoin payment options for luxury travel and UAE real estate
Why AI, stablecoins and Bitcoin Lightning could power the internet of money
Looking for a laugh? Check out our Bitcoin meme of the week at the back of the Roundup! 😁
Find it all here, and thanks from the Velas Team!
Bitcoin on the Balance Sheet Meets Lightning Network Payment Routing
“Bitcoin on the Balance Sheet” feels like an inescapable buzz-word right now. But underneath the hype, companies holding Bitcoin are undoubtedly changing the Bitcoin Business landscape.
According to CoinTelegraph and River Financial, businesses are buying bitcoin nearly four times faster than the rate at which new bitcoin is being mined.
At the same time, Canada’s LQWD announced that their Lightning Network routing node is earning them 24% annualized yield on their BTC.
Although running a Lightning Network routing node is a highly specialized skill, earning native BTC yield on the coins in a treasury seems like a pretty solid strategy.
It could be an increasingly popular move, and it will be interesting to see how this shapes the Lightning Network landscape in the months and years to come.
Check out lots more info in the Stephan Livera Podcast and the articles here:
https://stephanlivera.com/tag/lqwd/
https://www.newsfilecorp.com/release/264029
https://cointelegraph.com/news/businesses-absorbing-btc-4x-faster-mined
Are you looking to build with Bitcoin?
Take the first step in turning your idea into reality with our free scoping + estimation service ($800 value).
In 4 hours, we’ll map your project's needs, estimate cost, and recommend the best tech stack. You walk away with a clear plan - no strings attached.
Let’s build the future of Bitcoin together ⚡
Lightning Payments for Merchants Made Easy
BTCPay Server just released a new plugin called SamRock that greatly simplifies Bitcoin Lightning payments for retail stores and e-commerce sites.
The plugin generates a QR code that, when scanned with Aqua Wallet, instantly configures Bitcoin and Lightning payments for a BTCPay Server store. The funds received for the store go directly to the merchant’s non-custodial wallet.
We tested this thoroughly and can confirm that the setup is really quite frictionless and fast.
On the other hand, the way the wallet connection works on the backend have made it a little slower to settle Lightning payments than customers may be used to. Say 15 to 30 seconds with the new plugin, versus nearly instant for well-connected Lightning nodes.
So there is room for improvement but overall the process is light-years easier than anything we’ve seen to date.
One of the really cool features this unlocks is the ability to easily setup “multi-tenant” sites that accept Bitcoin.
For example, imagine an online bookstore where each of the authors on the site can be paid directly to their wallets. Or an online marketplace with multiple sellers, or an online course platform, etc.
There are lots of possibilities here just waiting to be tapped.
https://jan3.com/blog/samrock-protocol/
Luxury Bitcoin Commerce Rolls On
If you’re a Bitcoin whale with the urge to splurge, the new options for you keep rolling in.
Now you can buy UAE real estate with bitcoin - and use BTC for the private jet that takes you there.
Check it out in CoinTelegraph and CryptoNews here:
https://cointelegraph.com/news/uae-rak-properties-accept-bitcoin-cryptos-real-estate
The Lightning Network, Stablecoins and AI Could Form the Internet of Money
Check out this great article on Cryptoslate on how stablecoins and Lightning micropayments could be the backbone of machine to machine payments.
This is a frontier for Bitcoin Commerce. Permissionless systems are a perfect fit for AI agents.
Find out why here:
And our Bitcoin Commerce meme of the week.............🥁🥁🥁🥁🥁🥁
💼 Bitcoin job hunting?
BitVocation released a 2024 Bitcoin Job Market Data report as well as posting jobs to their LinkedIn page.
👷Looking for funding for an open source Bitcoin project?
Check out our list of grants available that specialize in funding open source development for Bitcoin projects. Know a grant that’s not on the list? Let us know at engineering@velascommerce.com.