Bringin: Europe’s New Bitcoin Gateway with Prashanth Chandrasekar | SLP693

Official Podcast Episode: https://stephanlivera.com/693

Stephan Livera interviews Prashanth, the CEO and founder of Bringin, a startup focused on providing seamless Bitcoin solutions for users in the Eurozone. Prashanth shares his journey into the Bitcoin space, the pain points he identified regarding Bitcoin liquidity, and how Bringin addresses these challenges through innovative products like virtual IBAN accounts and debit cards. The conversation also touches on user feedback, regulatory impacts, and future developments for Bringin.

Takeaways:

🔸Prashanth's introduction to Bitcoin began in 2017.
🔸The main pain point was the inability to liquidate Bitcoin easily.
🔸Bringin offers a virtual IBAN account for seamless transactions.
🔸The platform aims to provide a reliable off-ramping solution for Bitcoiners.
🔸User experience is optimized for both small and large transactions.
🔸The debit card allows users to spend Bitcoin easily.
🔸Feedback from users highlights the speed and reliability of the service.
🔸Bringin charges a flat fee of 1% for transactions.
🔸EU regulations are tightening, impacting compliance for crypto businesses.
🔸The Bringin wallet integrates self-custody with easy off-ramping capabilities.

Timestamps:

(00:00) - Intro
(00:52) - When did Prashanth discover Bitcoin?
(02:21) - What is Bringin trying to solve?
(06:47) - What does Bringin offer and who does it cater to?
(10:03) - Building the bridge between self-custody Bitcoin and TradFi Banks; Virtual IBANs
(13:26) - How does the Bringin Debit card work?
(15:37) - What has been the user feedback?; Fees & Costs for off ramps
(18:25) - How are EU regulations impacting Bringin?
(20:13) - Sponsors
(24:10) - Bringin’s self-custodial Bitcoin wallet
(30:18) - Future plans for Bringin
(32:39) - Closing thoughts

Links:
https://x.com/prashanthc123
https://x.com/bringinxyz
https://bitcoinmagazine.com/news/europeans-can-now-live-on-the-bitcoin-standard-with-bringin

Sponsors:
CoinKite.com (code LIVERA) http://coinkite.com/

Stephan Livera links:
Follow me on X: @stephanlivera https://x.com/stephanlivera
Subscribe to the podcast: https://plinkhq.com/i/1415720320
Subscribe to Substack: https://stephanlivera.substack.com/