This episode provides a comprehensive overview of the rapidly expanding infrastructure supporting Bitcoin's mass adoption, highlighting various payment processors, exchanges, and micro-transaction tools.
Main Topics Discussed:
* PASA: An online merchant service expanding its reach to 190 countries by offering Bitcoin buying options, effectively acting as a Bitcoin brokerage.
* Change Tip: A low-friction micro-payment solution for social media (YouTube, Google+, Tumblr), allowing users to send fees-free tips, transforming "likes" into financial value.
* Coin to Pay: A Dutch payment provider enabling merchants to accept multiple cryptocurrencies (BTC, LTC, etc.) via e-commerce plugins.
* Coinsers: A Bitcoin fund management platform that has partnered to develop a Blackcoin debit card, allowing spending anywhere Visa is accepted.
* Lake BTC: A highly secure Bitcoin exchange noted for its liquidity, robust security measures (SSL encryption, Google Authenticator), and advanced trading APIs.
* Industry Outlook: The focus remains on the mass adoption of Bitcoin and the importance of secure, high-availability financial platforms.
* Upcoming Event: The next Bitcoin convention is scheduled for Raleigh, North Carolina (August 15th-16th).
Key Quotes:
* "The system effectively makes PASA into a Bitcoin brokerage, much like Coinbase..."
* "This effectively changes the concept of a share or like into financial appreciation, which can quickly add up to a substantial amount of money."
* "The BTC explosion is the mass adoption of Bitcoin coming soon."
People Mentioned:
* Mount C. Moe (38th director of the US Mint)
* Adam Draper (Founder and CEO of Boost Vc)
Bitcoin Price:
* A specific price was not mentioned. The transcript noted that Lake BTC's price is tracked by major indices like Bitcoin Analytics.