Summary: Nik Bhatia (@timevalueofbtc), writer and Bitcoin thinker, joins Erik and co-host Myles Snider of Multicoin Capital on this episode to talk layers of Bitcoin and the Lightning network.<br><br>Nik explains how he got his start in the Bitcoin world from traditional finance. They explain the various layers of money and Bitcoin.<br><br>They also talk about whether there will be fractional reserve ownership of Bitcoin, whether Bitcoin banks might exist someday and when a Bitcoin ETF might make an appearance.<br><br>Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. <br><br>Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.<br><br>Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
