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The Centbee Show 19 - Peer to Peer transactions?
In today's episode of The Centbee Show, your hosts Lorien Gamaroff and Kage Ntshingila are here, diving into the world of digital cash. We're taking a close look at why tossing your old credit card might be the way forward. Ever thought those plastic cards were a bit, well, last century? You're not alone! We're chatting about how Bitcoin SV, with a little help from mobile wallets like Centbee, is on the brink of flipping the entire payment industry on its head.
We're also peeling back the layers on how Bitcoin's not just about online transactions. Thanks to the genius of Satoshi Nakamoto and the whole Peer-to-Peer (P2P) shebang, along with something called Simplified Payment Verification (SPV), we're seeing a future where your transactions could go through even without the internet. We'll chew over some of the sticky spots like dodgy connections, who to trust, and the headache of sorting out who owes what, shining a light on how Bitcoin's gearing up to tackle these head-on.
Wrapping things up, we reckon turning your smartphone into a Bitcoin SV wallet could be the game-changer we've all been waiting for, making secure and easy-peasy transactions the norm. Stick around as we unpack all this and more, right here on The Centbee Show.
Centbee: https://centbee.com
BSV Association: https://www.bsvblockchain.org
Lorien Gamaroff's Substack: https://gamaroff.substack.com
00:00 Introduction and Welcome
00:12 The Rise of Mobile Money and Digital Payments
02:22 The Impact of Social Networks on Payments
03:53 The Future of Payments: Bitcoin SV
05:36 The Evolution of Peer-to-Peer Transactions
08:11 The Challenges of Digital Payments
09:49 The Advent of E-commerce and Online Payments
15:21 The Role of Mobile Phones in Digital Payments
18:33 The Limitations of Current Peer-to-Peer Payments
22:33 The Illusion of Modern Payment Systems
23:09 The Inconvenience of Traditional Banking
23:51 The Difference Between Push and Pull Payments
24:51 The Advent of Bitcoin: A New Era of Payments
25:22 The Unique Features of Bitcoin
26:27 The Power of Peer-to-Peer Transactions
27:56 The Impact of Bitcoin on Global Connectivity
28:18 The Real Bitcoin: Bitcoin SV
29:15 The Benefits of Bitcoin Transactions
30:34 The Future of Payments with Bitcoin
34:28 The Potential of Bitcoin in Africa
38:34 The Importance of Keeping Bitcoin Off Exchanges
39:10 The Centbee App: Revolutionising Payments
40:48 The Conclusion: Embrace the Power of Bitcoin
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