Jumpstarting the Circular Economy in El Salvador with Nicolas Burtey - LNJ049

Transcript: https://sicksub.network/LNJ049Transcript In this episode of the podcast, we have Nicolas Burtey who is the Co-Founder / CEO at Galoy Wallet. Galoy Wallet is known for creating the branded “Bitcoin Beach” wallet in El Zonte, El Salvador. Bitcoin Beach is a project dedicated to the idea of a circular economy. We talk about: 0:00 - Intro 1:50 - Nicolas’ intro to BTC/Lightning 4:20 - VR vs Lightning Network 6:13 - Developing on Frontier Technologies 8:41 - Grassroots Movement vs Corporate 11:26 - Created First Company 13:46 - Galoy Wallet Philosophy 18:05 - Local Reception 20:46 - Lightning Network Circular Economies 21:30 - Resistance to Lightning Onboarding 24:20 - Internet Penetration in El Salvador 25:33 - El Salvador, what has changed since Bitcoin 2021? 28:21 - Concerns about Chivo Wallet 31:00 - Privacy Concerns 33:29 - What does privacy look like on the Bitcoin Beach Wallet? 35:35 - How to improve Lightning UX? 38:36 - Will the Circular Economy Make Sense? 41:24 - Call to Action 45:04 - Positive Path 46:27 - Negative Path Nicolas’s Twitter: https://twitter.com/nicolasburtey Galoy’s Twitter: https://twitter.com/GaloyMoney Galoy’s Website: https://galoy.io/ Bitcoin Beach: https://www.bitcoinbeach.com/ Support us here: https://lightningjunkies.net/support Lightning Junkies Merch: https://store.lightningjunkies.net Follow the Lightning Junkies blog: https://lightningjunkies.net Follow Lightning Junkies on Twitter: https://sicksub.network/LNJunkies Follow Chaz on Twitter: https://sicksub.network/TheChaz Follow Lightning Cat on Twitter: https://sicksub.network/LNJCat