BlockchainNZ Pod E04 with Jit Maharaj

Jit Maharaj is a former commercial pilot turned crypto co-founder of Pay it Now, a payments network that uses a custom layer 2 built on the Binance smart chain (now BNB) that makes it easy for merchants and businesses to accept cryptocurrency payments. Jit is also a long time web developer, an Ethereum miner, and a Solana critic. 

In this conversation we talk about:  Payments networks and providers, Building on the Binance smart chain Customer rewards programs and creating a token Regulation in the crypto space in New Zealand $20k bitcoin, and being a pilot.

Timestamps:
00:00 what is PayItNow?
03:25 fixing gas fees
08:42 what’s a layer 2?
12:20 how does a merchant onboard?
16:46 on bridging tokens
18:37 why token? (&safemoon)
24:00 competition with bitpay/stripe/shopify/solana
29:19 regulation in NZ crypto
34:13 $20k bitcoin? and market activity
38:50 cofounder story flying 737s
43:30 BCNZ in the industry
44:20 rapid fire

Some notes from the show:
Pay it Now https://payitnow.io/
BNB Smart Chain https://www.bnbchain.org/en/smartChain
Matic & Polygon https://polygon.technology/
Solend debacle https://decrypt.co/103489/solend-whale-108m-loan-nearly-crashed-solana
Harmony bridge hack https://decrypt.co/103736/harmony-plunges-10-as-horizon-ethereum-bridge-hacked-for-100-million
Indian crypto regulation https://indianexpress.com/article/technology/crypto/crypto-tax-clarification-detrimental-and-restrictive-to-investor-sentiment-experts-7830864/
USDD lost its peg similar to UST https://ambcrypto.com/usdd-usdn-lose-their-1-peg-another-ust-fiasco-like-event-on-the-cards/
the last bitcoin https://bitcoin.stackexchange.com/questions/10486/when-will-the-last-bitcoin-be-mined
Hal Finney (the GOAT) https://www.reddit.com/r/Bitcoin/comments/b59rfh/hal_finney/

Contact Jit:
Pay it Now https://payitnow.io/

Find Jeff:
Twitter https://twitter.com/Japple
LinkedIn https://www.linkedin.com/in/jeffnijsse/

Find the BCNZ Pod:
Website https://bcnz.podbean.com/
Apple https://podcasts.apple.com/us/podcast/the-blockchain-new-zealand-podcast/id1623533537
Google https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2JjbnovZmVlZC54bWw
Spotify https://open.spotify.com/show/1BxGsdCsTp7EwERKF5Bm3x
iHeartRadio https://www.iheart.com/podcast/338-the-blockchain-new-zealand-96685118/
YouTube https://www.youtube.com/c/BlockchainNZ

Media & Sponsorship Enquires:
team@blockchain.org.nz

Recorded at blockheight 742914.