Ayvan Krishan is fixing broken recycling incentives with Bitcoin Lightning. As founder of rebottle.app, he's building a network of reverse vending machines (RVMs) that pay instant Bitcoin rewards for every bottle and can recycled—no bank account required. Keith and Ayvan dive into the world of recycling, RVMs and how Bitcoin fits into the picture and can supercharge the recycling model. They also stray a little away from Bitcoin and discuss recycling and the why and how behind bottle and can recycling.
What You'll Learn:
How reverse vending machine unit economics actually work
Why recycling rates plummet without instant financial incentives
Recycling rules and regulations
How Bitcoin Lightning and taproot assets fit into the reverse vending machine model
Timestamps:
00:00 - Introduction to Everyday Bitcoin
00:38 - Ayvan Krishan's Bitcoin Journey
03:55 - Amboss and Lightning Network Payments infrastructure
05:36 - Re-Bottle: Recycling for Bitcoin
11:56 - Bottle Bill economics and Business Owners
17:25 - Non-KYC Bitcoin recycling rewards
21:32 - Deposit Rules and Regulations
31:32 - Taproot Assets on Lightning
42:27 - RVM hardware and Recycling for Bitcoin mechanics
50:12 - Learn More About Re-Bottle
LINKS:
AYVAN LINKEDIN - www.linkedin.com/in/ayvankrishan
REBOTTLE.APP - https://rebottle.app/
FOLLOW ME (Keith):
NOSTR - primal.net/keithmeola
WEBSITE - keithmeola.com
EVERYDAY BITCOIN NOSTR -https://njump.me/npub17rml5yu5ykjezt7ktw3rysffty4pevcv9y2xl2832sa3hqgkaxxqufcva2
EVERYDAY BITCOIN WEBSITE - everydaybitcoinpod.com
If you enjoy Everyday Bitcoin, be sure to subscribe and leave a review! FOUNTAIN| SPOTIFY| APPLE| YOUTUBE
If you found value in the show, please consider giving value back with a zap:
[email protected]