TLS88: Will Reeves on Building Fold, Bitcoin Entrepreneurs, and the Lightning Network's Evolution

Dec 22 2022 • 1hr 23m

Show Notes

Will Reeves is the CEO and co-founder of Fold, a platform that helps users earn Bitcoin rewards whenever they shop or use the Fold app.
We talked about the challenge of building a resilient Bitcoin business in all kinds of market conditions, Fold’s strategy of giving away hundreds of Bitcoin to users, and the ways in which the Lightning Network needs to differentiate itself from other payment platforms.
→ Fold: https://use.foldapp.com/r/E7MPJRE4
Sponsors
→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo
→ Stakwork: https://stakwork.com/
This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.
The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm.
→ Fountain: https://www.fountain.fm/
→ More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT
→ Lightning Address: ⚡kerooke@fountain.fm
Links
→ Stack Sats: https://www.stacksats.how/
→ Stacker News: https://stacker.news/r/kr
→ Twitter: https://twitter.com/kerooke
→ Books: https://www.kevinrooke.com/book-recommendations
Timestamps
00:00 - Intro
02:22 - Will Reeves Intro
08:49 - Why Will Decided to Build Fold
11:59 - Building Through Bull and Bear Markets
25:28 - Fold’s Gamification Strategy
32:23 - How Much Bitcoin Should Fold Pay Users?
40:19 - Bitcoin Venture Capital
56:50 - The Importance of the Lightning Network
1:08:03 - Issues with Comparing the Lightning Network to Fiat Rails
1:18:06 - The Lightning Round

Activity

@pbl

90,501 sats

Dec 22 2022

over the year I have gained a substantial amount of education from your show and wanted to say thank you. Looking forward to 2023. happy holidays! also fold is literally the best. I can’t recommend this company enough

@blokchainboog

5,000 sats

Dec 22 2022

first time listener really good podcast I like the questions you asked will.

@vake

2,500 sats

Dec 25 2022

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@puhbuhruh

500 sats

Dec 27 2022

great point!