Jumpstarting the Circular Economy in El Salvador with Nicolas Burtey - LNJ049
El Salvador circular economy

Jumpstarting the Circular Economy in El Salvador with Nicolas Burtey - LNJ049

Lightning Junkies
Lightning Junkies

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Transcript: https://sicksub.network/LNJ049Transcript

In this episode of the podcast, we have Nicolas Burtey who is the Co-Founder / CEO at Galoy Wallet. Galoy Wallet is known for creating the branded “Bitcoin Beach” wallet in El Zonte, El Salvador. Bitcoin Beach is a project dedicated to the idea of a circular economy.

We talk about:

  • 0:00 - Intro
  • 1:50 - Nicolas’ intro to BTC/Lightning
  • 4:20 - VR vs Lightning Network
  • 6:13 - Developing on Frontier Technologies
  • 8:41 - Grassroots Movement vs Corporate
  • 11:26 - Created First Company
  • 13:46 - Galoy Wallet Philosophy
  • 18:05 - Local Reception
  • 20:46 - Lightning Network Circular Economies
  • 21:30 - Resistance to Lightning Onboarding
  • 24:20 - Internet Penetration in El Salvador
  • 25:33 - El Salvador, what has changed since Bitcoin 2021?
  • 28:21 - Concerns about Chivo Wallet
  • 31:00 - Privacy Concerns
  • 33:29 - What does privacy look like on the Bitcoin Beach Wallet?
  • 35:35 - How to improve Lightning UX?
  • 38:36 - Will the Circular Economy Make Sense?
  • 41:24 - Call to Action
  • 45:04 - Positive Path
  • 46:27 - Negative Path

Nicolas’s Twitter: https://twitter.com/nicolasburtey
Galoy’s Twitter: https://twitter.com/GaloyMoney

Galoy’s Website: https://galoy.io/
Bitcoin Beach: https://www.bitcoinbeach.com/

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