TLS86: Ben Price on Building The Bitcoin Company, OpenSats, and Improving Payments with Lightning
13 Dec • 1hr 24m
Boost episode
Show Notes
In our conversation, we discussed how TBC’s app works, the challenge of disrupting credit card and loyalty point networks all over the world, the importance of the Lightning Network, and the work Ben is doing on OpenSats.
→ The Bitcoin Company: https://thebitcoincompany.com/
Sponsors
→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo
→ Stakwork: https://stakwork.com/
This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.
The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm.
→ Fountain: https://www.fountain.fm/
→ More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT
→ Lightning Address: ⚡kerooke@fountain.fm
Links
→ Stack Sats: https://www.stacksats.how/
→ Twitter: https://twitter.com/kerooke
→ Books: https://www.kevinrooke.com/book-recommendations
→ Blog: https://www.kevinrooke.com/blog
Timestamps
00:00 - Intro
02:23 - Ben Price Intro
06:45 - How VISA Payments Work
15:56 - Why Are Fiat Payments So Complicated?
18:38 - How The Bitcoin Company Works
29:08 - Why Merchants Like Credit Cards
39:00 - Disrupting Credit Cards and Airline Rewards
51:33 - Bitcoin Banks
1:01:19 - What Payments Will People Make on Lightning?
1:10:30 - What Is OpenSats?
1:17:13 - The Lightning Round
Activity
@vake
5,000 sats
14 Dec
@user762121782216254
500 sats
15 Dec
@galetaire
100 sats
23 Dec
@everypennyevan
100 sats
14 Dec
great episode. card-linked offers ftw
@peanutbutterlife
100 sats
14 Dec
this episode was excellent. thank you for always great content. side note his point to “the government shouldn’t know I buy bugles” is not only amazing but so true