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TFTC: A Bitcoin Podcast

#378: Building a Billion Dollar Payments Company with Ryan Breslow

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8804 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

Click on a timestamp to play from that location

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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