CD189: MONEYBADGER - BITCOIN PAYMENTS IN SOUTH AFRICA
Carel van Wyk is the founder and CEO of MoneyBadger. MoneyBadger enables easy bitcoin payments at 650 thousand stores in South Africa.
https://cdn.satellite.earth/080004bfc64dbacea833804bd3af1702ed93493ae0f39a12758d644882ddf2c5.mp3
Lekker Carel! Making things happen in ZA. Enjoyed hearing a South African accent on this pod.
Bitcoin is gonna win.
Great episode, had no idea about this project
Agree with nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpr9mhxue69uhhqun9d45h2mfwwpexjmtpdshxuet59uqsuamnwvaz7tmwdaejumr0dshsj65adx, I really like the fact when using the moneybadger bridge that you don't have to mention BTC. Especially, when there is a long queue - you simply say "I'll pay by QR-code please"
Staff training is slow and expensive. We send training materials, but found the most effective training program involves plebs explaining btc payments to staff
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I’ve tried to get my local breakfast spot to turn on lightning payments. I’ve mentioned it now three times. Each time they acknowledge my request and are nice about it and say they’ll look into it. There is always a line. They are extremely busy. And by the end of a long day I doubt they remember. I don’t want to be the guy that keeps annoying them. And usually the person taking orders doesn’t have a financial incentive or economic interest in the flow of payments.
Lots of good solutions mentioned in this pod.
Get the staff to download a Lightning wallet, tip them well, and let them be your ambassadors.
Pay other people to ask as well. Simulate demand.
are they a square seller?
They are a square seller.
The staff is flying around early in the morning fulfilling people’s orders. Not a lot of time to orange pill.
I mentioned the savings vs debit/credit rails being a square user. They nodded and quickly ran back to fill an order.
Need to go in when it isn’t busy I guess .
sometimes takes time and friendship. took me a year of being a regular and some casual hangs and dinners with the local butcher squad. similarly busy environment and they really laughed at first.
Great rip, you asked for comments so here’s mine. The more I listen the more I learn. When Odell talks I listen.
Link to regular podcast feed here 👇
Loved the nostr:nprofile1qqsvwct7ssehccgu040egxe4k8k9ru4wd605r2kfv9sf94gsu8pftcqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhs8cu4xs QR code idea, easy way to show my normy friends #bitcoin out in the wild
Fantastic conversation!
You're absolutely correct about being pragmatic and meeting people where there at. However, long term, to get people to want to spend bitcoin, we have to move beyond building bridges to fiat payment rails.
Bitcoin has already demonstrated that it's a superior money for savings. Bitcoin can also be a superior money for payments - but not while relying on an underlying inferior fiat foundation. Until the payment rails are in place to use Bitcoin as the superior money for payments that it is, we shouldn't be expecting people to want to spend bitcoin.
We built a wallet that gives merchants tools to incentivize Bitcoin payments. Consumers just need a push and Bitcoin will naturally evolve into a medium of exchange.
What a great rip! 💪
Proud of see what nostr:nprofile1qqsz85k206vm3vqdmlvcy9l4kyfqchlnf4hnctasxufa3ph0ck9decgpr3mhxue69uhkummnw3ez6un9d3shjtnhd3m8xtnnwpskxegpz3mhxue69uhhyetvv9ujuerpd46hxtnfduaaf25w is doing in South Africa! 🇿🇦
nostr:nevent1qqsfk506g6nvahcshh9fkazu5ud444ruzts3p7ul6randm5k7dwm9jslf8ngx
The Bitcoin White Paper is very clear about it -- Bitcoin is money. Getting there… Great interview, npub10atn74wcwh8gahzj3m0cy22fl54tn7wxtkg55spz2e3mpf5hhcrs4602w3 & npub1y0fv5l5ehzcqmh7esgtltvgjp30lxnt08shmqdcnmzrwl3v2mnsswgm5py
#abct26 #SPEDN #Bitcoin #BTC #Sats #Money #hodl #freedom #citadeldispatch #southafrica #africa
This one started with a BANGER!
https://primal.net/e/nevent1qqsfk506g6nvahcshh9fkazu5ud444ruzts3p7ul6randm5k7dwm9jslf8ngx
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx : “I’m not on Youtube anymore. Fuck Youtube!”
Excellent!
(The rest of the episode is very good too.)
Bitcoin podcasters, notice the new trend -- it is #NostrOnly.
#Youtube #podcasts #Bitcoin #BTC #Nostr
