TLS42: Julie Landrum on OpenNode, Payment Processing Fees, and Network Effects

Apr 30 2022 • 1hr 25m

Show Notes

Julie Landrum leads International Strategy & Growth for OpenNode, a Bitcoin payment processor built on the Lightning Network.
In our conversation, Julie and I discussed the addressable market for Bitcoin payments, the hidden fees traditional payment processors charge, and the challenge of overcoming the network effect of fiat payment systems.
→ OpenNode: https://www.opennode.com/
Today’s show is sponsored by Voltage and ZEBEDEE.
→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo
→ ZEBEDEE: https://zbd.gg/
At the end of every show in the Lightning Round, I answer any questions listeners send in over the Lightning Network.
To ask a question, send a message, or to support the show, download Fountain from the iOS or Google Play App Store and load your wallet with a few sats.
→ Fountain: https://www.fountain.fm/
→ Listen to More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT
→ Follow Kevin Rooke on Twitter: https://twitter.com/kerooke
→ Lightning Address: ⚡kerooke@fountain.fm
Timestamps
00:00 - Intro
01:17 - Julie Landrum Intro
07:49 - The Addressable Market for Payments & Payouts
15:40 - The Adoption of Lightning In El Salvador
29:09 - Success Metrics for OpenNode
41:24 - Can Lightning Break Down Traditional Payment Rail Network Effects?
53:46 - Merchants on Lightning & Hidden Credit Card Fees
1:18:21 - The Lightning Round