Bootstrapping an ambitious idea in crypto

Ivan Soto-Wright, Moonpay

Today’s guest is solving such a pain for anyone who has ever tried to make a transaction using cryptocurrency.

I would have guessed that he was backed by huge VCs based on the product he’s built but it turns out the whole thing is bootstrapped! I want to find out how he did it.

Ivan Soto-Wright is the founder of Moonpay, a payments infrastructure for crypto.

Ivan Soto-Wright

Moonpay

Ivan Soto-Wright is the founder of Moonpay, a payments infrastructure for crypto.

Andrew: Hey, they’re freedom fighters. My name is Andrew Warner. I’m the founder of Mixergy where I interview entrepreneurs about how they built their businesses. Joining me as someone whose business, I feel like it’s phenomenal already, but it’s going to be way bigger in the future.

And here’s why it solves this problem that I couldn’t stop complaining about for a while. And I think people on Twitter just told me, Andrew, just shut up. You have to accept it. Um, but I’ve been Soto, right? Did not want to accept it. Here’s the issue. The one that he solved. If you want to buy something online, that’s like crypto denominated.

It’s such a freaking pain in the ass of wallets of going over to Coinbase of moving money in and then waiting seven days or whatever, until they say it’s okay. And then you get the buy it. Like, I just want to buy this stupid. I remember what it was. It was a zap gun gift that I...

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