Jordan Crawford was the Director of Growth at Purse.io. Their mission is to make crypto useful. Purse allows users to name their own discount when shopping on Amazon by matching shoppers with individuals who wish to exchange Amazon gift cards for cryptocurrency.

 

In this episode, we discuss:

– How the Purse system works

– Why it’s critical for cryptocurrencies to be used in everyday transactions before they achieve mass adoption

– The drawbacks of traditional payment networks like ACH (Automated Clearing House)

 

SHOW NOTES

[02:04] – Who is Jordan Crawford and what is Purse.io? Introduction and overview

[5:38] – How does Purse work?

[09:01] – Jordan’s Amazon jungle adventure

[12:19] – The Purse business model

[18:46] – Is “hodling” a bad thing for crypto?

[21:14] – Crypto vs. ACH

[27:21] – Tom Selleck’s moustache and millennials

[30:00] – Simple vs complex blockchain business models (and blackholes)

[45:28] – Are payments the main industry to be disrupted by blockchain and cryptocurrency?

[47:45] – What is the blockchain killer app?

[50:00] – Jordan Crawford’s prediction on where Bitcoin and Ethereum will be in 10 years (more like the Amazon litmus test)

 [54:55] – His advice to companies and entrepreneurs interested in innovating with Blockchain

 [1:00:00] – How to get in touch with Jordan and Purse (and get $10 when you sign up with Purse)

[1:02:00] – Conclusion

 

RESOURCES DISCUSSED

Bcoin

The Bank of International Settlements

ACH (Automated Clearing House)

Millennials

Cryptokitties

Webvan story

Abra

Jeff Bezos’ 10-year litmus test

Palentir (software company)

 

CONTACT INFORMATION

Purse.io website

Jordan Crawford’s website

 

TODAY’S PARTNERS

Today, we are partnering with the National Crowdfunding and Fintech Association of Canada (NCFA) to present the 5th Annual Fintech and Funding Conference and Expo (#FFCON19).

It takes place April 3-4, 2019, and it’s a must-attend event for anyone interested in emerging technology (blockchain and AI), capital markets, and alternative finance.

Rub elbows with over 700 attendees, 50+ speakers, 12 companies pitching to investors, and even regulators. 

Blockchain Innovation listeners get 10% off Early-Bird tickets by using the discount code FFCON19_CP_BLOCKCHAIN.

Buy your tickets as soon as possible (prices increase on March 15th). Tickets are available here – https://bit.ly/2GQ2PSh

 

 

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