Summary:

In this episode of Early Days, Car sits down with Joshua, the founder of Bitspend, to discuss his journey in developing a payment solution using Bitcoin and the Lightning Network. The conversation also touches on the Ark protocol, revenue models for Bitspend, and the application of the 80/20 principle in development.

We explore:

• Cross-border payments are difficult, especially from Nigeria.

• Bitspend plugin aims to simplify user interactions with Bitcoin.

• Bitshala Lab plays a significant role in educating developers.
• Nigeria Bitcoin ecosystem
• The Ark protocol

• The 80/20 principle helps prioritize development efforts.

Joshua shares his experiences with cross-border payments, the importance of verification in Bitcoin transactions, and the challenges faced with the Lightning Network.

Chapters:

• 03:43 Challenges in Cross-Border Payments
• 06:37 The Importance of Verification in Bitcoin Transactions
• 09:29 Introducing the Bitspend Plugin
• 12:21 User Experience and Security in Wallet Applications
• 15:39 The Future of Bitspend and its Integration
• 18:19 Joshua's Background and Interest in Bitcoin
• 21:27 BitShala and its Role in the Bitcoin Ecosystem
• 24:13 The Bitcoin Community in Nigeria
• 33:20 Bitcoin as a Medium of Payment
• 35:26 The Lightning Network: Pros and Cons
• 37:44 Exploring the ARK Protocol
• 43:09 Revenue and Growth Strategies
• 48:25 The 80/20 Principle
• 52:41 Bitcoin's Role in Economic Empowerment

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