BTCPay with Nicolas Dorier: Non-Custodial Payment Processing

Episode 75 of The Watchman Privacy Podcast – BTCPay with Nicolas Dorier: Non-Custodial Payment Processing

Gabriel Custodiet speaks with the creator of BTCPay, Nicolas Dorier. BTCPay is the most promising option at present for non-custody Bitcoin payment processing, and solves the legacy finance problems of KYC, discrimination, and cancellation. This episode covers all of the basic questions one might have when setting up BTCPay, including sovereignty and privacy questions.

Guest Links
→ https://btcpayserver.org/
→ https://twitter.com/BtcpayServer
→ https://twitter.com/NicolasDorier
→ https://chat.btcpayserver.org
→ Luna Node setup instructions (easiest way to set up BTCPay): https://youtu.be/oce_fvRdLLY

Other Links
→ https://sethforprivacy.com/guides/accepting-monero-via-btcpay-server (Monero BTCPay guide)

Watchman Privacy
→ https://watchmanprivacy.com (newsletter, consultation requests)
→ https://twitter.com/watchmanprivacy
→ https://www.amazon.com/Watchman-Guide-Privacy-Financial-Lifestyle/dp/B08PX7KFS2

Privacy Courses (supports the show)
→ https://rpf.gumroad.com/l/privatebitcoin
→ https://rpf.gumroad.com/l/hackproof

Monero Donation Address (If you can't see the whole string, double click in the middle to select all)
→8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy

Please subscribe to and rate this podcast wherever you can to help it thrive. Thank you!
→ https://www.youtube.com/@WatchmanPrivacy
→https://odysee.com/@WatchmanPrivacy

Timeline

0:00 – Introduction
1:46 – Summary of BTCPay
3:23 – Nicolas Dorier’s famous tweet
5:35 – Bitcoin services’ movement toward custodial compliance
9:28 – How could BTCPay get shut down?
10:58 – Any KYC required to use BTCPay?
12:38 – Problem of BTCPay complexity
17:37 – Two ways to use BTCPay; vulnerabilities of running your own home node
19:40 – Quickest way to set up BTCPay
20:48 – Vulnerabilities of using BTCPay on Luna Server
23:15 – Reliance of BTCPay on VPS: a problem?
24:14 – How quick is BTCPay processing for customers?
26:45 – Legacy finance much worse at processing, if we’re being honest
27:58 – Privacy benefits of BTCPay; PayJoin
30:58 – How to handle customer funds
32:00 – Other options for collecting BTC donations
33:24 – Using a friend’s node to run BTCPay
34:35 – Biggest hurdles for Bitcoin to be used day-to-day
36:42 – What happens to data we collect from customers?
37:55 – BTCPay with WooCommerce and Shopify
39:20 – Customer returns
41:31 – How quick to set up BTCPay for Shopify
42:55 – BTCPay is a solution for censorship and legacy finance unreliability
45:43 – How sustainable is this free service?
47:30 – Collecting Monero using BTCPay
48:50 – Final thoughts

#WatchmanPrivacy #BTCPay #Bitcoin #NicolasDorier #BitcoinPrivacy