TBP73 - Navigating the New Marketplace

What this episode covers

Andrew Lee, co-founder of Purse, had a common frustration that Bitcoin didn’t offer any incentive for normal people to use it, and had a hunch that he could use blockchain escrows to liquidate Amazon gift cards and deliver great deals. That hunch proved to be correct - and transacted over $4.5M and saved users almost a million dollars. But we don't just talk about it -- we be about it, by....talking about it...with HIM! In addition, PopChest announced they are shutting down. Is this the end of bitcoin + microtransactions? We offer up our thoughts, ideas, and criticisms because we want and need PopChest to get better to serve the community to the best of their ability.

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Frequently Asked Questions

How long is this episode of The Bitcoin Podcast?

This episode is 1 hour and 17 minutes long.

When was this The Bitcoin Podcast episode published?

This episode was published on July 18, 2016.

What is this episode about?

Andrew Lee, co-founder of Purse, had a common frustration that Bitcoin didn’t offer any incentive for normal people to use it, and had a hunch that he could use blockchain escrows to liquidate Amazon gift cards and deliver great deals. That hunch...

Can I download this The Bitcoin Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.