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

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/

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→ 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