Zaprite's Cutting-Edge Technology Takes Center Stage & Redefines Payment Solutions!
Summary
TLDRBen from BTC sessions explores Zap, a versatile payments portal for Bitcoin (BTC) and Lightning Network transactions. He highlights its non-custodial nature, allowing users to maintain control over their funds while offering both on-chain and Lightning payments. Zap's integration with Fiat payments, though not Ben's preference, caters to newcomers transitioning from traditional currency. The platform's ability to customize payment options, such as incentivizing Bitcoin payments over Fiat, is a strategic feature that encourages adoption of Bitcoin. Ben appreciates the all-in-one solution that doesn't compromise user sovereignty, making it an appealing choice for those looking to embrace a Bitcoin-centric lifestyle.
Takeaways
- 🚀 Ben is discussing BTC sessions and promoting Bitrefill, a platform for Bitcoin-based gift cards and services.
- 🔗 Bitrefill offers a variety of gift cards and services that can be purchased with Bitcoin and lightning payments.
- 🎁 New users can sign up with the code 'BTC sessions 10' for special perks.
- 🤔 Ben explores Zap, a payments portal in the Bitcoin ecosystem, initially thinking it's a custodial service.
- 🔒 Zap allows users to maintain full custody of their Bitcoin, contrary to initial impressions.
- 🔗 Ben successfully linked his xub wallet to Zap, enabling onchain payments without custody.
- ⚡ He also set up lightning payments directly to his own lightning node, demonstrating Zap's flexibility.
- 💡 Zap will soon offer a dedicated lightning address for each user, enhancing privacy and convenience.
- 💸 Zap integrates Fiat payments, which Ben uses to accommodate clients transitioning from the Fiat system.
- 📈 Ben encourages Bitcoin payments by adding a premium to Fiat payments, incentivizing clients to use Bitcoin.
- 🌐 The script highlights the importance of self-sovereignty in Bitcoin transactions and the convenience of all-in-one solutions like Zap.
Q & A
What is the main topic of the video?
-The main topic is Ben's experience with Zap, a Bitcoin payment portal, and its features.
What does the speaker initially think about Zap?
-The speaker initially thinks Zap is a custodial payments window for Bitcoin transactions.
How long did it take the speaker to set up Zap?
-It took the speaker a few minutes to set up Zap.
What wallet did the speaker link to Zap?
-The speaker linked an xub from a wallet they control.
Can users maintain custody of their Bitcoin with Zap?
-Yes, users can maintain custody of their Bitcoin as the funds go directly to their own wallets.
What is the speaker's opinion on Lightning payments with Zap?
-The speaker is impressed with the ability to receive Lightning payments directly to their own Lightning node.
What feature does Zap offer for privacy in Lightning payments?
-Zap offers the option for Liquid Network Xpubs, which generates a new address for each payment received.
How does Zap integrate Fiat payments?
-Zap integrates Fiat payments, allowing users to pay in dollars, and the speaker has set up a premium for Fiat payments to encourage Bitcoin usage.
What other features does Zap offer for Bitcoin and Fiat integration?
-Zap allows users to link any Bitcoin wallet, incentivize migration to Bitcoin, and customize the payment options as desired.
What is the speaker's overall impression of Zap?
-The speaker likes Zap because it provides an all-in-one solution without putting their funds at risk and allows them to remain self-sovereign.
What is the purpose of the code 'BTC sessions 10' mentioned in the video?
-The code 'BTC sessions 10' is a promotional code for signing up on bitrefill.com, offering special perks for new users.
Outlines
🚀 Introduction to BTC Sessions and Bitrefill
Ben introduces the BTC sessions and promotes Bitrefill as a one-stop shop for living on a Bitcoin standard. He mentions the ability to sign up for gift cards, eims gaming, e-commerce, travel needs, and food, all purchasable with Bitcoin and lightning. A special code 'BTC sessions 10' is offered for signup perks. Ben then delves into his recent experience with Zap, a payments portal in the Bitcoin ecosystem, which he initially misunderstood as a custodial service but found to be a non-custodial platform that allows for immediate control over funds.
Mindmap
Keywords
💡BTC sessions
💡Bitrefill
💡Zap
💡Custodial payments
💡Lightning Network
💡Liquid Network
💡Fiat payments
💡Self-sovereignty
💡Premium for Fiat
💡Integrations
Highlights
Ben discusses his experience with Zap, a payments portal in the Bitcoin ecosystem.
Zap is initially perceived as a custodial payments window but offers full custody of Bitcoin.
Ben was able to set up Zap quickly and link it to his wallet, allowing onchain payments.
Zap supports both onchain and lightning payments, with the latter being non-custodial.
Ben successfully integrated lightning payments to his own lightning node without custody issues.
Zap offers the option for liquid payments, generating a new address for each payment.
Zap will soon provide a dedicated lightning address for users to direct payments to.
Ben appreciates Zap's integration of Fiat payments for new Bitcoin users, despite his preference for Bitcoin.
Zap allows adding a premium to Fiat payments to encourage Bitcoin usage.
Ben demonstrates how to customize Zap to fit various payment preferences and needs.
Zap's all-in-one solution does not risk the user's funds as they go directly to the user.
Ben emphasizes the importance of self-sovereignty in financial transactions.
Zap's integrations include various Bitcoin wallets, Fiat, and other payment methods.
Ben highlights the ability to incentivize users to migrate to Bitcoin through Zap.
Zap's platform is designed to be user-friendly and customizable for different use cases.
Ben's overall positive experience with Zap showcases its practical applications in the Bitcoin space.
Transcripts
I'm Ben with the BTC sessions and this
is your bullish bit brought to you by
bitrefill tocom your onstop shop for
living on a Bitcoin standard sign up and
grab gift cards for eims gaming
e-commerce your travel needs food and
much more and you can buy them all with
Bitcoin and lightning sign up today and
use code BTC sessions 10 for some
special
perks I started playing around with
something I hadn't played around with
before and that thing is zap right it's
like a payments portal in the realm of
BTC pay server type thing the impression
that I got that it was basically like a
custodial payments window where you
could use Bitcoin that's not like at all
what it is I mean to a degree I guess it
could be but like you can also do it in
a fully kind of like you instantly get
custody of everything and so I got I got
playing around with it and it's pretty
good I kind of just want to show really
quick what I was looking at so I set it
up it took like me like a a few minutes
but basically I was able to link like an
xub from a wallet which I control and I
can view in Sparrow wallet so like
that's my onchain so I can get onchain
payments just from a page zap right
never custody is it then I was like well
what about lightning is it going to be
either custodial lightning or like a
hosted lightning node or something but I
quickly found out that no I could just
get even through tour because I'm
running a start N I was able to just get
like a couple copy and things and plunk
them in and tested it out and I'm
getting lightning payments directly to
my start 9 lightning node that I've set
up myself in the background and it took
like there was two quick copy paste and
save and I could see it interacting with
my note immediately on top of that you
do have the option for liquid if you're
sending an invoice they're going to have
the option for uh liquid Network X pubs
to soon which means it'll generate a new
address every time you receive a a
payment pretty soon they're going to
have a dedicated lightning address that
you can point to your lightning note of
choice which would be my own and so all
of the sudden I could just have like a
tip page but it goes to my start n
lightning node which is incredible and
then on top of that they also integrate
Fiat payments which I don't like Fiat
payments but also I deal with a lot of
brand new people to bitcoin that are are
literally hiring me oneon-one so that I
can teach them how to exit the Fiat
system and so they want to pay in
dollars because they have no other
method so I can integrate that too and
the kicker is that you can add a premium
to Fiat payments so you can set like the
price is this but if you pay on Fiat
it's 10% more it's 20% more so I've now
done that so that people are encouraged
to pay in Bitcoin as soon as they're
able and so basically I'll show you
really quick these these are all the
Integrations that they currently have
number one you can any Bitcoin wallet
that you have you just Link in so like
all of these Bitcoin and Fiat and just
kind of everything and then you can
incentivize people to migrate to bitcoin
so it's kind of all baked into one and
and for me it makes a hell of a lot of
sense in the aspect of I didn't want to
give up custody I didn't want to be
sitting in custody and also there's been
a lot of pinch on anybody that is
custody even if it's like lightning for
small amounts we just saw a wallet of
Satoshi basically exit the us being like
we don't we don't want to deal with the
consequences of what could be coming
down the pipe for us so the long and the
short of it is I like that there's these
solutions that are kind of allinone that
don't put at risk my funds because they
go directly to me and I'm still
remaining pretty self- Sovereign through
all of this because any Bitcoin payment
is directly into my own custody but I
have the option to lightly nudge normies
into paying with Bitcoin as they see fit
and you can customize it however you
want
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