Demanding payment in bitcoin with Will Cole

In this episode, Will talks about potential major catalysts for bitcoin payments, why businesses will ultimately demand payment in bitcoin, society’s trend towards more and more financial censorship, building bitcoin products, and sci-fi books.

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TIMESTAMPS:

00:00:00 Intro

00:01:00 What are you working on now?

00:05:25 Is the timing right for Zaprite (bitcoin payments)?

00:08:16 Next catalyst for bitcoin payments?

00:12:29 Will Saylor accept bitcoin at Microstrategy?

00:14:10 Dentists accepting bitcoin

00:17:10 Would accepting bitcoin payments become a viral feedback loop?

00:20:05 Discounts for paying in bitcoin?

00:23:48 3% credit card fees are restaurants and small businesses

00:28:07 Is bitcoin our best tool to stop financial censorship? 

00:34:44 Online or brick and mortar more likely to accept bitcoin first?

00:36:58 What will happen to credit card companies?

00:42:39 How is building on bitcoin different from building other software?

00:59:21 Low time preference to building bitcoin products?

01:07:00 What’s required to build good bitcoin products?

01:08:54 What’s your favorite sci-fi book and why?

01:10:49 Does bitcoin feel like we’re living in a sci-fi book?

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