TLS44: Tom Chojnacki on Satsback & Lightning Powered Loyalty Rewards

Tom Chojnacki is the founder of Satsback, a platform that helps you save in bitcoin whenever you shop online.

In our conversation, Tom and I discussed the concept of Sats back rewards, why consumers love Bitcoin as a form of loyalty points, and the addressable market for retail and e-commerce rewards.

→Satsback: https://satsback.com/

Sponsors

→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo

→ ZEBEDEE: https://zbd.gg/

At the end of every show, 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 App Store and load your wallet with a few sats.

→ Fountain: https://www.fountain.fm/

→ More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT

→ Lightning Address: ⚡kerooke@fountain.fm

Links

→ Twitter: https://twitter.com/kerooke

→ Books: https://www.kevinrooke.com/book-recommendations

→ Blog: https://www.kevinrooke.com/blog

Timestamps

00:00 - Intro

01:05 - Tom Chojnacki Intro

04:15 - Different Types of Satsback Rewards

14:23 - Onboarding New Users to Lightning

19:44 - Can Merchants Instantly Split Payments on Lightning?

28:43 - How Big is the Global Cashback Economy?

46:43 - Sats Back vs. Loyalty Points & Rewards

50:48 - Interesting New Lightning Applications

1:00:07 - The Lightning Round