{"id":1153,"date":"2016-07-17T15:00:40","date_gmt":"2016-07-17T15:00:40","guid":{"rendered":"http:\/\/thebitcoinpodcast.com\/?p=1153"},"modified":"2016-07-17T01:18:20","modified_gmt":"2016-07-17T01:18:20","slug":"episode-73","status":"publish","type":"post","link":"https:\/\/thebitcoinpodcast.com\/episode-73\/","title":{"rendered":"Episode #73: Navigating the New Marketplace"},"content":{"rendered":"<p><iframe loading=\"lazy\" style=\"border: none;\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/4520410\/height\/90\/width\/640\/theme\/custom\/autonext\/no\/thumbnail\/yes\/autoplay\/no\/preload\/no\/no_addthis\/no\/direction\/backward\/no-cache\/true\/render-playlist\/no\/custom-color\/fac507\/\" width=\"640\" height=\"90\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<hr \/>\n<div class=\"one-half column\">Episode 73<\/div><div class=\"one-half column last\">July 17, 2016 \u2014 74\u00a0mins<\/div><div class=\"clear\"><\/div> <strong>Guests:\u00a0Andrew Lee<\/strong><\/p>\n<p>Andrew Lee, co-founder of <a href=\"https:\/\/purse.io\/\" target=\"_blank\">Purse<\/a>, had\u00a0a common frustration that Bitcoin didn\u2019t offer any incentive for normal people to use it, and had a hunch that he could use blockchain escrows to liquidate Amazon gift cards and deliver great deals. That\u00a0hunch proved to be correct &#8211; and\u00a0transacted over $4.5M and saved users almost a million dollars. That is why we personally endorse it ourselves on our website. But we don&#8217;t just talk about it &#8212; we be about it, by&#8230;.talking about it&#8230;with HIM!\u00a0There\u2019s strong evidence that people will alter their behavior for great deals. For decades, retailers have convinced customers to clip coupons, pre-purchase Groupons, and buy in bulk at Costco, all just to gain access to great deals.\u00a0We\u2019re not sure Bitcoin is ready for a head to head battle with credit cards but, nonetheless, bitcoin adoption will depend on novel use cases and clever business models that leverage the technology\u2019s unique capabilities. In addition,\u00a0<a href=\"https:\/\/thebitcoinpodcast.com\/episode-42\/\" target=\"_blank\">PopChest<\/a> announced they are shutting down. Is this the end of bitcoin + microtransactions? We offer up our\u00a0thoughts, ideas, and criticisms because we want and need PopChest to get better to serve the community to the best of their ability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guests:\u00a0Andrew Lee Andrew Lee, co-founder of Purse, had\u00a0a common frustration that Bitcoin didn\u2019t offer any incentive for normal people to use it, and had a hunch that he could use blockchain escrows to liquidate Amazon gift cards and deliver great deals. That\u00a0hunch proved to be correct &#8211; and\u00a0transacted over $4.5M and saved users almost a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","unlock_protocol_post_locks":"","publish_to_discourse":"","publish_post_category":"","wpdc_auto_publish_overridden":"","wpdc_topic_tags":"","wpdc_pin_topic":"","wpdc_pin_until":"","discourse_post_id":"","discourse_permalink":"","wpdc_publishing_response":"","wpdc_publishing_error":"","footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/1153"}],"collection":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/comments?post=1153"}],"version-history":[{"count":4,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/1153\/revisions"}],"predecessor-version":[{"id":1172,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/1153\/revisions\/1172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/media\/1160"}],"wp:attachment":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/media?parent=1153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/categories?post=1153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/tags?post=1153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}