#378: Building a Billion Dollar Payments Company with Ryan Breslow
TFTC: A Bitcoin Podcast
Marty Bent
4.8 • 804 Ratings
🗓️ 2 December 2022
⏱️ 63 minutes
🧾️ Download transcript
Summary
Join Marty as he sits down with Ryan Breslow to discuss Bolt, Love, and the AI Singularity.
Follow Ryan on Twitter
6:48 - Stanford Bitcoin Group
11:21 - Building Bolt
15:08 - Pain points in Bolt
17:25 - Making API for merchants
21:15 - Engaging with VCs as a founder
26:46 - What value to look for in an investor
28:36 - Bitcoin companies are long term game
31:38 - Bolt started as a Bitcoin wallet
35:27 - Optimism
43:03 - AI art and the singularity
47:13 - Getting addicted to tech
53:17 - Ryan's new venture, Love
1:02:25 - Final words of wisdom
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Transcript
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| 0:00.0 | So, freaks, it's your boy, Marty, here to introduce this rip of TFTC, RIP 378. |
| 0:11.0 | I sat down Ryan Breslo, founder of Bolt, founder of the Stanford Bitcoin Group back in 2013, founder of Love, a company focused on health care in the modern |
| 0:23.8 | age and alternative ways to do it. We had a far wide-ranging conversation about startup culture, |
| 0:30.7 | building a payments company, a billion dollar payments company, his thoughts on Bitcoin, |
| 0:42.2 | our addiction to social media apps. I'm addicted. |
| 0:46.8 | I'll be the first to admit, hi, my name is Marty Bent, and I'm addicted to Twitter. |
| 0:48.9 | We need to work on it. We talk about a lot of this. |
| 0:53.3 | Mr. It was all to you by our good friends at Unchained Capital. Unchained Capital is here to help you eliminate |
| 0:54.2 | single points of failure in your custody model. They have a two or three multisig volt, which you hold two keys. |
| 0:59.8 | Unchained holds one. This is a beautiful model because there's no third-party custodian risk. |
| 1:07.2 | You're not trusting an exchange to hold your Bitcoin for you. |
| 1:14.2 | Many people have done that this year have learned a hard lesson that sometimes the exchange doesn't actually have the Bitcoin. |
| 1:15.7 | They won't let you get it. |
| 1:17.2 | With the 2-3 multi-sig vault, since you hold two keys, you always have control over your |
| 1:21.0 | Bitcoin so you can move it when you see fit. |
| 1:23.3 | But if you're not comfortable doing multisig all by yourself, Unchained is there with the third key, |
| 1:30.1 | so they can be in the second and two or three multi-sick signature |
| 1:32.2 | to help you move your Bitcoin. |
| 1:33.8 | They're here to help you take control of your keys. |
| 1:38.6 | So you're going to Unchained.com |
| 1:39.9 | slash conciergeers, hit up their concierge team, |
| 1:45.9 | and walk you through the process. |
... |
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