Thursday Feb 03, 2022

An Interview with Stephen Pair, CEO of BitPay

In this episode, Stephen Pair, CEO of BitPay speaks to the yWhales team. Stephen discusses how BitPay helps individuals manage and spend Bitcoin with the BitPay App as well as turn Bitcoin into dollars with BitPay’s Prepaid Mastercard. He also shares his thoughts on various topics within the space, including Shiba, Dogecoin and who he thinks Satoshi might be.

 

About Guests

Stephen Pair is the Co-Founder and CEO at BitPay. He was previously the CTO at BitPay after working as a senior software engineer and development manager at IBM. He has over 20 years of experience building software systems in the financial and telecommunications industries. He has held various roles including entrepreneur, architect, manager, team lead, and developer.

 

You’ll learn about:  

  • How Stephen got into the Bitcoin space
  • What motivated him to start thinking about building a company in the space and what was the original thesis
  • Stephen’s thoughts on Satoshi and Proof of Work
  • How BitPay limits risks for businesses and how its all about payments
  • BitPay stats and fees
  • Stephen’s thoughts on the current state of the space and future outlook

 

Resources: 

Connect with Stephen Pair: LinkedIn

Connect with YWhales: Website | BitClout | Twitter

BitPay: Website | Twitter | LinkedIn | Developer Tools

 

Timestamps

[00:59] Stephen’s first exposure to Bitcoin and how he got into the space

[07:46] What motivated Stephen to think about building a company in the space

[11:20] What was the original thesis

[14:55] Stephen’s thoughts on who Satoshi might be

[??:??] Proof of Work, mining capacity and vulnerabilities of different blockchains

[27:38] Why POW is better than POS

[29:??] BitPay limits risks for businesses and is all about payments

[35:50] Educating customers

[37:58] Shiba and Dogecoin

[42:45] BitPay stats and fees

[47:44] Banks are getting competition from DeFi

[53:11] The current state of the space and future outlook

[58:01] Stoner Cats

 

DISCLAIMER: yWhales is not affiliated with YPO but at this time only allow for YPO, YPO Gold, and YNG members due to privacy & confidentiality. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.

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