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Early Days #6: Bitspend by Joshua

Early Days #6: Bitspend by Joshua

Early Days · Car

March 4, 20251h 2m

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Show Notes

<p><strong>Summary:</strong></p> <p>In this episode of <em>Early Days</em>, Car sits down with Joshua, the founder of Bitspend, to discuss his journey in developing a payment solution using Bitcoin and the Lightning Network. The conversation also touches on the Ark protocol, revenue models for Bitspend, and the application of the 80/20 principle in development.</p> <p><strong>We explore:</strong></p> <ul> <li>Cross-border payments are difficult, especially from Nigeria.</li> <li>Bitspend plugin aims to simplify user interactions with Bitcoin.</li> <li>Bitshala Lab plays a significant role in educating developers.</li> <li>Nigeria Bitcoin ecosystem</li> <li>The Ark protocol</li> <li>The 80/20 principle helps prioritize development efforts.</li> </ul> <p>Joshua shares his experiences with cross-border payments, the importance of verification in Bitcoin transactions, and the challenges faced with the Lightning Network.</p> <p><strong>Chapters:</strong></p> <ul> <li>03:43 Challenges in Cross-Border Payments</li> <li>06:37 The Importance of Verification in Bitcoin Transactions</li> <li>09:29 Introducing the Bitspend Plugin</li> <li>12:21 User Experience and Security in Wallet Applications</li> <li>15:39 The Future of Bitspend and its Integration</li> <li>18:19 Joshua's Background and Interest in Bitcoin</li> <li>21:27 BitShala and its Role in the Bitcoin Ecosystem</li> <li>24:13 The Bitcoin Community in Nigeria</li> <li>33:20 Bitcoin as a Medium of Payment</li> <li>35:26 The Lightning Network: Pros and Cons</li> <li>37:44 Exploring the ARK Protocol</li> <li>43:09 Revenue and Growth Strategies</li> <li>48:25 The 80/20 Principle</li> <li>52:41 Bitcoin's Role in Economic Empowerment</li> </ul> <p><strong>Learn more about</strong> <a href="https://github.com/aruokhai/bitcoin-wasm"><strong>Bitspend</strong></a></p> <p><strong>Follow on X:</strong> <a href="https://x.com/boringprimate"><strong>@boringprimate</strong></a></p> <p><strong>Follow Car:</strong></p> <ul> <li><a href="https://primal.net/Car"><strong>Primal</strong></a></li> <li><a href="https://stacker.news/ThrillerX_"><strong>Stacker News</strong></a></li> </ul> <p><strong>Apply to</strong> <a href="https://www.pleblab.dev/#pricing"><strong>PlebLab</strong></a></p> <p><strong>Learn more about<a href="https://pleblab.dev/">PlebLab</a></strong></p> <p><strong>Follow PlebLab:</strong></p> <ul> <li><a href="https://primal.net/pleblab"><strong>Primal</strong></a></li> <li><a href="https://x.com/PlebLab"><strong>X</strong></a></li> <li><a href="https://www.linkedin.com/company/pleblab"><strong>LinkedIn</strong></a></li> <li><a href="https://www.youtube.com/@pleblab"><strong>YouTube</strong></a></li> <li><a href="https://www.meetup.com/pleb-lab"><strong>Meetup</strong></a></li> <li><a href="https://dashboard.mailerlite.com/forms/10467/51078046840522216/share"><strong>Newsletter</strong></a></li> </ul>