Open source models & AI value accrual w/ Christian Catalini

Christian Catalini, Co-founder of Lightspark joins us to talk about his journey from the MIT Bitcoin experiment to co-founding Libra. Christian breaks down why regulators killed Libra, the limits of the Lightning Network, and why Bitcoin needs new opcodes. He also shares his framework for AI value accrual, the power of verifiable open-source models, and the reality of agentic payments.

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## Notes:

* Lightning Network is capital inefficient.

* AI models are commoditizing intelligence.

* Open-source AI catches frontier models fast.

* Bitcoin scaling requires a new opcode.

Timestamps:

00:00 Start

00:28 Christain's background

02:50 What's up with AI?