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

Published on October 15th, 2020 by

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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.


History of tea as an international commodity
Traditional tea supply chain absorbs 85% of the growers profit
Tea Horse Road
Tea as currency
Venture capital demands growth
Taking investment in Bitcoin
Bitcoin Black Friday
Bitcoin payments in India
Microfinancing with Bitcoin
What Elyse learned from Bitcoin

Shownotes on the episode page

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