TLS70: Ray Marceau on Building Purse, Integrating Lightning, and Focusing on Bitcoin

Sep 21 2022 • 1hr 13m

Show Notes

Ray Marceau is the CEO of Purse, a marketplace enabling anyone to spend Bitcoin to buy products on Amazon, or sell Amazon gift cards to buy Bitcoin.
In our discussion, Ray explained how the Purse platform works, the ups and downs of their 8-year journey in the Bitcoin space, why Purse decided to integrate Lightning payments this summer, and why they’re considering focusing exclusively on Bitcoin on their platform.
→ Purse: https://app.purse.io?_r=StackSats
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/
→ Twitter: https://twitter.com/kerooke
→ Books: https://www.kevinrooke.com/book-recommendations
→ Blog: https://www.kevinrooke.com/blog
Timestamps
00:00 - Intro
02:38 - Ray Marceau Intro
13:54 - How Does Purse Work?
17:28 - Purse and Amazon Gift Cards
23:55 - Purse’s Lightning Network Integration
36:04 - What Lightning Metrics Is Purse Watching?
38:04 - Why Purse is Focusing on Bitcoin
56:42 - Privacy on Lightning
59:42 - Ray’s Lessons Learned as CEO
1:06:03 - The Lightning Round