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The Pomp Podcast

#500: Jonathan Chester on Being Paid in Bitcoin

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 25 February 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Jonathan Chester is the cofounder and CEO of Bitwage, one of the oldest bitcoin businesses helping employers pay their employees in bitcoin.  In this conversation, we discuss bitcoin payroll, dollar cost averaging, remote work, stablecoins, and why employees are so excited to receive bitcoin as compensation.  ======================= Exodus is an absolute game changer in the crypto wallet space, and we’ve teamed up to offer an exclusive discount for you, as listeners of the podcast. Sign up for Exodus today using my promo code Exodus.io/pomp. This is a no brainer for both newcomers and crypto heavyweights - go sign up today.  ======================= With over 5 Million users, Crypto.com is the easiest way to buy, and sell over 90 cryptocurrencies. Download the app at Crypto.com and get $25 with my code: POMP. When it’s time to spend your crypto, nothing beats the Crypto.com Visa Card, which pays you up to 8% back instantly, with no annual, or monthly fees to worry about!  Get $25 when you download the Crypto.com App today using the code “POMP”  ======================= Did you know only 1% of day traders actually turn a profit? So why are so many of us mistaking picking stocks for serious investing? You can’t control the markets, but you can control your risks. So how do billionaire investors control their risk? They invest in blue-chip art. If that sounds unusual to you, you’re not alone. But the ultra-wealthy have been investing in art for centuries. And since 2000, art has outperformed the S&P by an incredible 180%. Just a few years ago, a single work sold for $450 million! Imagine...Being able to invest in the very same paintings as millionaires and billionaires, at a fraction of the cost. Masterworks.io is an exclusive platform that makes it as easy as trading stocks online. And the best part is: you don’t need to know anything about art. Their experts will create a custom portfolio to meet your investment needs. With Masterworks.io you don’t have to choose between big risks and big returns. Sign up today, select POMP and you can skip the 70,000 waitlist to get first dibs. Just go to www.masterworks.io and use code POMP. =======================

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp

0:05.2

podcast, simply the best podcast out there. Let's kick this thing off. Jonathan Chester is the co-founder and

0:11.5

CEO of Bitwage, one of the oldest Bitcoin businesses helping employers pay their employees in Bitcoin.

0:17.5

In this conversation, we discuss Bitcoin payroll, dollar cost averaging, remote work,

0:23.0

stable coins, and why employees are so excited to receive Bitcoin as compensation. I really

0:29.3

enjoyed this conversation with Jonathan, and I hope you do as well. Before we get into this

0:34.2

episode, though, I want to quickly talk about our sponsors. First up is Exodus. Exodus is the leading the world out of the traditional financial system

0:41.8

by building beautiful and user-friendly blockchain products. With its focus on design and user

0:46.1

experience, Exodus has become one of the most popular and loved cryptocurrency apps. It's supported

0:50.7

on both desktop and mobile, allowing you to sync your wallet across multiple devices so you can have access to your funds anywhere.

0:56.6

You can instantly exchange around 100 different cryptocurrency straight from your wallet.

1:01.2

Interactive charts lets you view an asset's price history and your portfolio's performance over time.

1:06.4

And maybe the best part, Exodus is integrated with the Treasure Hardware Wallet, making advanced security easy for everyone. You can visit exodus.com for your free download or search Exodus

1:15.9

on the App Store or the Play Store. Again, Exodus, leading the world out of the traditional

1:20.5

financial system by building beautiful and user-friendly blockchain products. Go use their new wallet

1:25.7

at Exodus.com or search Exodus on the app store

1:30.1

or the play store. Next up is crypto.com. With over 5 million users, crypto.com is the easiest

1:35.9

way to buy and sell over 90 cryptocurrencies. You can download their crypto.com app and get $25

1:41.0

with my code pump. When it's time to spend your crypto, nothing beats the

1:44.4

crypto.com visa card, which pays you up to 8% back instantly and comes with perks like rebates

1:50.1

on Netflix, Spotify, or Amazon Prime. And along with airport lounge access for you and a guest

1:56.6

at hundreds of airports around the world. Of course, the crypto.com visa card gives you all of this

...

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