{"podcast":{"title":"Untangling Web3","slug":"untangling-web3-6400051","podcast_index_feed_id":6400051,"rss_url":"https://media.rss.com/untanglingweb3/feed.xml","website_url":"https://untanglingweb3.com/","image_url":"https://media.rss.com/untanglingweb3/20250324_030312_e224f7b2c674d6ba0abd992e87a556bf.png","author":"Jack Davies & Alec Burns","episode_count":131,"summary":"The podcast that simplifies tomorrow's tech, today. Untangling Web3 dives deep into the world of the next-generation Internet, exploring the groundbreaking technologies, projects, and ideas shaping the future of the Web. Join us as we demystify the concepts behind Web3 and learn how you can be relevant in this radical digital and societal transformation. This series is hosted and produced by Jack Davies and Alec Burns.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/untangling-web3-6400051"},"episode":{"title":"#129 Untangling: Permissionless Commerce w/ Siddharth Menon","slug":"129-untangling-permissionless-commerce-w-siddharth-menon","published_at":"2026-05-06T07:06:17+00:00","page_url":"https://stenobird.com/podcast/untangling-web3-6400051/129-untangling-permissionless-commerce-w-siddharth-menon","show_page_url":"https://stenobird.com/podcast/untangling-web3-6400051","url":"https://rss.com/podcasts/untanglingweb3/2798202","audio_url":"https://content.rss.com/episodes/211560/2798202/untanglingweb3/2026_05_06_07_05_21_7cedaddb-ae58-4fa6-a6fc-038e9c0402be.mp3","summary":"As the internet made information global and permissionless, payments have remained trapped behind banks, payment processors, jurisdictional rules, delayed settlements, account approvals, and platform-level restrictions. For online businesses, creators, developers, and emerging agentic commerce, the ability to accept money is still far less open than the ability to publish content or build software. In this episode of Untangling Web3, Siddharth Menon, founder of PayRam and co-founder of WazirX, explores how permissionless commerce can reshape the future of payments, stablecoin adoption, and blockchain-based financial infrastructure. The conversation covers why traditional payment systems create friction for merchants, how self-hosted crypto payment gateways unlock new forms of online commerce, and why the next wave of blockchain utility may come from payments rather than speculation. Key Points Discussed: Why Online Payments Are Still Broken: Traditional payments remain opaque, slow, and heavily permissioned. Merchants depend on payment service providers, acquirers, banks, and compliance processes that can delay settlement, freeze funds, reject accounts, or disrupt business operations when volume increases. In a borderless tech economy, payments still behave like a fragmented, jurisdiction-by-jurisdiction system. Permissionless Commerce and Self-Hosted Payment Gateways: PayRam is built around the idea that merchants should be able to run their own payment gateway, similar to running a WordPress site. Instead of signing up, completing KYC, or relying on a centralized processor to custody funds, merchants can accept blockchain payments directly into their own wallets, using self-custody infrastructure designed to reduce complexity and key-management risk. Stablecoins, Pro…","meta_description":"As the internet made information global and permissionless, payments have remained trapped behind banks, payment processors, jurisdictional rules, delayed…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2317,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/untangling-web3-6400051/episodes/129-untangling-permissionless-commerce-w-siddharth-menon/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/untangling-web3-6400051/129-untangling-permissionless-commerce-w-siddharth-menon.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}