This episode features an interview with Jason from MicroDesic, discussing their solution to a major hurdle in Bitcoin adoption: the reliance on constant internet connectivity for transactions.
Summary
Jason explains that MicroDesic is developing a system that marries Bitcoin with an offline eCache protocol. The core problem they address is the "catch-22" where merchants and users cannot complete transactions when Wi-Fi or cellular connections fail. MicroDesic aims to provide a robust, underlying infrastructure that allows Bitcoin payments to function seamlessly, even in areas with poor connectivity. Their goal is not to be a single payment provider, but rather to integrate with all existing wallet and Point-of-Sale (POS) systems, making Bitcoin payments reliable and globally accessible.
Main Topics Discussed
* The need for offline Bitcoin payment solutions.
* The technical integration of Bitcoin with an eCache protocol.
* The market opportunity for reliable, global Bitcoin adoption.
* The plan to integrate with existing POS and wallet software.
Key Quotes
* "So we are working on marrying Bitcoin with an offline eCache protocol so that you can pay with Bitcoin even when your phone connection or the merchants connection is down."
* "This problem is only going to get bigger as Bitcoin becomes more accepted."
* "We're trying to integrate with all of the wallet software, all of the point of sale systems."
People Mentioned
* Jason (MicroDesic)
* Mad Bitcoin (Host)
Bitcoin Price
* Not mentioned.