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If you want to feel bullish on how Lightning can be used as global payments rails, read this comprehensive essay by Nicolas Burtey of Galoy. TL;DR: The best analogue for Bitcoin itself is a global settlement layer like Fedwire (run by the Federal Reserve for interbank settlements with an average transaction size of $2 million).
Key Takeaways: Embrace the 80/20 Rule Focus on the 20% of customers, products, and efforts that drive 80% of your revenue growth. He is a seasoned global business executive with 30 plus years of leadership in industrial and consumer markets as chairman of OTC Industrial Technologies and CEO of Arrowhead Engineering Products.
Counting contributions from Poloniex, Circle’s revenues over the past three months, excluding February, exceeded $250 million, placing the company on an annual run rate greater than $1 billion. as well as Bittrex and Kraken, the runner-ups. Not bad for a 5-year-old upstart. ”.
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