The Problem Facing 1.1B People That No One Talks About

4 days ago
75

Nick Slaney built BitKey at Block and ran their Lightning routing node C= before leaving to start MoneyDevKit, a tool that lets developers accept Bitcoin payments in under five minutes with no KYC or Stripe approval needed. He explains why self-custody is the key to global payment access, why stablecoins won't solve the problem, and how vibe coding with AI tools like Cursor and Opus is changing software development. Nick also covers the state of Lightning in 2025, what Mutiny taught the ecosystem about non-custodial wallets, and why Bitcoin needs better high-level abstractions to reach mainstream adoption.

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0:00 - Intro
0:24 - Origin of MoneyDevKit
4:34 - Bypassing Stripe gatekeeping
9:46 - Bitcoin for AI agents
12:27 - Stablecoin myth
18:07 - Bitkey & SLNT
20:09 - Adoption chicken and egg problem
28:55 - MDK reception
34:29 - Opus vibe codig
38:05 - Unchained
39:14 - Non custodial LN
42:40 - Recurring payents
51:14 - State of LN & what’s missing

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