Thursday, October 15, 2020

Bitcoin & Co - Elyse Petersen: From Ancient Tea Currency To Using Bitcoin For Wholesale

Elyse Petersen is a food scientist and the founder of Tealet, a wholesale tea supply chain network. Tealet's business model is based on cutting out unnecessary middlemen between tea growers and buyers, same like in Bitcoin. Since 2013 Tealet is using Bitcoin for payments, which eliminates the inefficiencies of global financial systems and saves a lot of transaction costs. Tealet was one of the first companies worldwide to use Bitcoin.

Topics:

History of tea as an international commodityTraditional tea supply chain absorbs 85% of the growers profitTea Horse RoadTea as currencyVenture capital demands growthTaking investment in BitcoinBitcoin Black FridayBitcoin payments in IndiaMicrofinancing with BitcoinWhat Elyse learned from Bitcoin

Shownotes on the episode page

Via Money 101 http://www.rssmix.com/

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