Ben Price is the co-founder and CEO of The Bitcoin Company (TBC), an app that allows anyone to earn Bitcoin for all their shopping.
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
A Bold Return to Giving a Damn: One Farm, Six Generations, and the Future of Food | Will Harris | BM9
A Bright Future | Joshua Goldstein | BM8
Where Is My Flying Car? | J. Storrs Hall | BM7
Americana: A 400-Year History of American Capitalism | Bhu Srinivasan | BM6
Zoning Rules!: The Economics of Land Use Regulation | Bill Fischel | BM5
The Rise and Fall of American Growth | Robert J. Gordon | BM4
Scale: The Universal Laws of Life, Growth, & Death in Organisms, Cities, & Companies | Geoffrey West | BM3
The Fabric of Civilization: How Textiles Made The World | Virginia Postrel | BM2
TLS126: Moritz Kaminski on Alby, Lightning & Nostr Adoption, and Bitcoin Connect
SS11: How CrowdHealth is Stacking Sats with the Breez SDK
The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger | Marc Levinson | BM1
TLS125: Christian Decker on Blockstream Greenlight, Custody on Lightning, and More
TLS124: Christopher Calicott on Trammell Venture Partners & Building a Bitcoin-Native VC Fund
TLS123: Sam Wouters on the State of the Lightning Network in 2023
TLS122: Fanis Michalakis on LN Markets, DLCs, Lightning, and More
SS10: How the Satoshi Coffee Company Stacked Millions of Sats with BTCPayServer
TLS121: Jesse Shrader on Amboss Magma & Hydro, Lightning Network Metrics & Adoption, and More
TLS120: Artur Brugeman on Building Nostr Band, The Growth of Nostr, and Spring's New Nostr Browser
TLS119: Alex Leishman on the Future of Lightning Payments, Taproot Assets, and River's Lightning Node
SS9: How Margie Ramos Stacked Over 1 Million Sats with Muun Wallet and Shopify
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