Roshan - GoSats.io
@roshanaslam21
Followers
4,416
Following
514
Media
594
Statuses
6,765
CEO & CTO @gosatsapp , Running #bitcoin for 10 years.
Bitcoin block 0
Joined June 2012
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Wow this statement! “The gov doesn’t understand crypto & hence they want to tax it heavily. We are losing Indian talent to other countries. We are living in a Web3 world. We can either choose to bite the bullet or dodge the bullet.”
Priyanka Chaturvedi 👏
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2K
Today, India marks the beginning of the most regressive crypto taxation any country has ever done.
Then years later, they’ll feel proud that the biggest international Web3 companies have Indian CEOs.
#bitcoin
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Finally finally after numerous hurdles, rejections and constant persistence for over a year, we finally have India’s FIRST EVER
#bitcoin
rewards cards shipped to us.
It’s such an emotional moment right now to see and hold this.
Where do you think we should make the first TX?
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Wow. Coinbase CEO dumped 71% of his shares, CFO 100% and CPO 97%!
This is crazy!
$COIN
#botcoin
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We were accepted to
@ycombinator
last January. We set ourselves a then challenging demo day goal for March 2022 at $150K (INR 1.2 crores) worth transaction volume in 1 month.
This January, we’ve done $1.5 million
(INR 12 crores) in 1 month.
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Paying for an Americano with
#Bitcoin
in Dubai’s
#BreakingBread
Cafe. It’s that easy. The merchant is using
@BtcpayServer
. Have to go back here whenever I’m in Dubai
@crypto_pirate_X
. My first ever retail payment with $BTC. That’s us pushing for mainstream adoption.
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Super-pleased to announce that
@gosatsapp
has raised $4million to provide India the simplest gateway to
#bitcoin
.
Thanks to
@Accel_India
@ycombinator
@2amvc
@gossamercap
and many others that have believed and helped support us on this journey.
Onwards 🚀🚀
Bitcoin rewards app
@gosatsapp
has raised $4 Mn in its Pre-Series A
#funding
round, which is an equity round.
The funds will be deployed to scale GoSats’ operations, grow its
#Bitcoin
reward program, and hire talent
@sfrdev
@withRoshniAslam
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Some Personal News:
I’m getting married!
It’s gonna be on the
#bitcoin
halving day. So you know what the main celebration is gonna be about 😁
P.S. My fiance is not on X, so I’m keeping the theme a secret 🤫 😂
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It had to end with him all alone. Not a single teammate by his side as he left the ground which probably was his last World Cup appearance.
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India are you ready for this?
The next leap in financial independence is coming.
@gosatsapp
🧨💥
Any guesses?
#bitcoin
🤝 🇮🇳
Ab har indian kahega
#MerePassBitcoin
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It’s truly an emotional feeling to see the GOSATS logo along with some of the giants in the Indian Fintech space at this VISA conclave event in Bangalore.
To be the only
#bitcoin
company on this list, remembering the hurdles and rejections to get here, I’m filled with gratitude.
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The
@gosatsapp
card is a PREPAID card that needs to loaded with INR from your bank account.
You can ONLY spend INR on the card. Nothing else.
You spend INR and you earn BTC as cashbacks in the GoSats app.
Please understand there is NO crypto spend that happens.
Kindly RT 🙏
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I am super pleased to announce that
@ycombinator
has invested in
@gosatsapp
!
Most of GoSats foundation was built by watching and learning from YC Youtube videos. So applying to YC was a no-brainer.
Excited to work together on this journey.
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5⃣0⃣0⃣0⃣0⃣ installs crossed on Android Devices for GoSats!
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If true, no country has ever taken such a step. This is what happens when the only major crypto companies in a country are exchanges.
If you are not against this, then I’m sorry but you have failed the crypto ecosystem.
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We
@gosatsapp
have crossed $10,000 in revenue.
#babysteps
#gettingstarted
.
November another subsequent month has been our best month so far and we’ve created 28,000 bitcoiners in the country.
WAGMI!!!
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IslamicCoin is a scam. They got a lot of recognition in Token2049. It's going to hurt once they bust.
All the names of "Sheikhs" and "Islamic council" they got on board, have no real understanding of the industry. Everybody is there to make a quick buck at the expense of retail.
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You have to admire
@brian_armstrong
for how strong he has stood over 10 years. Honestly he is the greatest CEO in crypto and is extremely underrated.
Coinbase would have been larger than Binance and FTX COMBINED if he built on his first mover advantage. But he chose compliance…
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Check your GoSats wallet screen. Notice anything different?
You can now withdraw sats directly to your UPI ID!
The
@gosatsapp
team pulled an internal hackathon to enable this 😇
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I’m excited to announce that
@gosatsapp
has closed a $700K seed round.
I’m honoured to be working alongside a fantastic team and now have gained support from a remarkable bunch of investors to help us
#BUIDL
the
#bitcoin
future you and I want to live in.
A Thread 👇 /1
Crypto twitter 👋
Super thrilled to announce our seed funding of $700K!
With a mission to build the simplest
#bitcoin
on-ramp in 🇮🇳, we are glad to have gained the support and trust from an amazing group of investors!
Release:
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@chetan_bhagat
Thanks. This is exactly what we need to prove the bottom is close. Such statements are never made when the market is pumping right?
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@zebulgar
The bot is not wrong. Trump’s comments have been widely associated with hate speech.
*Not taking any sides here*
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The 19 millionth
#bitcoin
was just mined today. On a day, the ridiculous heavy crypto tax in India comes into play.
Bitcoin doesn’t care and mines a block every 10mins. India had a chance to become a global leader.
History will not be kind to those that don’t embrace bitcoin.
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85
Dodged 2 bullets for GoSats-
1. We had some bitcoin on FTX that we withdrew 2 days before the collapse.
2. We were advised to open a bank account with SVB few months back. We delayed and opened an account elsewhere.
Luck, Timing. Wow.
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It's finally here. All that you've been waiting for with GoSats. Took a while since we had to deal with various 3rd parties to get approvals. I know it sucks. But delays are better than not executing right?
It's done now. Stay tuned and we'll be posting some news in a few days!
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The legend takes the stage. After 5 years of going to
#bitcoin
and shitcoin conferences, I finally get to see the man who was a catalyst to my understanding of crypto and convinced to make a career in this
@aantonop
. Thanks for this
@TrainBlockchain
#BTC2019
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A year ago if you told me
@gosatsapp
would be mentioned in Techcrunch, I'd have laughed it off.
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Bringing
#lightning
adoption to India. Finally got my hands on the
@CasaHODL
node. The first in India. Love the interface. Was never keen on running a full node, but this makes you want to and it makes LN a seamless experience for someone just getting started on it.
#bitcoin
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June is gonna be big at GoSats. You can expect atleast 3 new product updates. These are some of the biggest value additions that will add to your
#bitcoin
stacking journey.
Guesses what’s coming?
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Truly humbled that we turn 2. This couldn’t have been possible without our team and users trust.
We set out navigating tough regulatory waters, pulling off something new, never done in India & are stronger than ever before.
Couldn’t have asked for a better community.
Thank You!
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7
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Happy to announce our youngest investor in
@gosatsapp
- 14 yo
@gajeshnaik
!!
What a wonderful time and space we are in. I had no idea what investing was when I was 14.
Gajesh is extremely smart, talented and I can’t wait to brainstorm amazing ideas for GoSats with him.
#bitcoin
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We’ve launched a major update today. You can now use your GoSats card to purchase vouchers.
You get card rewards + voucher rewards
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“Outside of SpaceX and Tesla, the only significant things I own are
#bitcoin
by far and then some Ethereum and some Doge.” - Elon
That’s it. That’s the bloody tweet.
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I don’t own portraits or framed pictures but this will definitely be the first portrait I will frame and keep in my home.
Are we really bitcoiners if we don’t have this in our home? 😜
We
@gosatsapp
will try getting a few of these framed and gift it to some of our users…
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Today marks 6 months of
@gosatsapp
✅ The most simplest
#bitcoin
on-ramp in 🇮🇳
✅ Launched a BTC rewards chrome extension
✅ Raised a seed round
✅ Announced India’s first bitcoin rewards card
✅ 300% revenue increase
✅ 900% monthly user growth
✅ 100+ brands
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🚨Important:
I understand
#bitcoin
withdrawals from your GoSats wallets have been stuck. The bitcoin blockchain is clogged and fees are extremely high and hence your withdrawals are stuck in the mempool of the chain. We don’t charge our users mining fees for withdrawals. Our…
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@ErikVoorhees
Erik, you can’t compare these two events. Proof-of-stake is not a new tech that’s being introduced even though media is making it seem that way. Bitcoin’s WP release is leagues beyond. Nothing even comes close to be mentioned in the same statement as that historic day.
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Ady bhai is a rockstar. Love his detailed outlook on topics that truly matter.
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It’s withdrawal payout day on GoSats today, every Wednesday.
Can you ever imagine any other crypto platform “requesting” you to withdraw.
Not your keys, not your coins. We stay true to this ethos.
Soon, we’ll also be enabling withdrawals on the Lightning Network 🚀
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Even if Balaji doesn’t turn out to be completely right but bitcoin pumps to ATH atleast in this short time, his prediction would be the most legendary in human history.
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Many of you have been asking the release date of the
#bitcoin
rewards card. We are estimating Nov.
Do note, for the first time a crypto company in India is working with pre-defined regulations since we are launching a financial instrument.
These things do take some time. /1
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December 2021 was when Amazon withdrew themselves from
@gosatsapp
. After months of emails and calls with the Amazon team, we finally got approval to list Amazon back!
We gave them data that our users love Amazon and BTC rewards and this has generated lots of sales for them. 🚀🚀
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5⃣0⃣0⃣0⃣0⃣ installs crossed on Android Devices for GoSats!
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This Bengaluru based startup is rewarding Indians in bitcoin for online purchases
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Hello Miami! What a way to get greeted at the airport.
This is what you get when your city’s mayor is a bitcoiner.
#Bitcoin2022
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What should I choose for a purchase of Rs. 5520? Flat or spin?
If I choose a flat reward of 3%, I’ll get Rs. 165 in free
#bitcoin
Maybe I’m feeling lucky and will spin 😬
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This. When you get this understanding, there is no turning back. You are orange pilled and you will find the signal in the noise that is crypto.
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Super proud of the GoSats team to build India's only platform to turn expenses into growing assets.
Imagine a world where every time you buy something, order food or make a payment, you're not just spending, you're simultaneously investing too.
I think that's pretty damn awesome.
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Something exciting is cooking
@gosatsapp
for Dhanteras.
I believe we have built a super robust engine to passively invest and save in the best, most hardest assets in the world.
It’s truly the smartest way to convert expenses into savings.
Any guesses what’s coming?
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One of our App Reviews. How do you respond to this 🤷♂️
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I open CRED once a month to pay my credit card bills.
Every month i see an updated UI design🤷♂️
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Reminder-
Proof-of-stake is exclusionary and elitist. Our entire financial system is proof-of-stake. It’s designed for the Rich to get richer.
Proof-of-work was invented to get rid of Proof-of-stake and provide financial inclusion for all without discriminating anyone.
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Millions of people watch these crypto ADs on TV. How difficult is it to show “Why bitcoin” instead of “Buy bitcoin” in 20 secs AD length.
This is what people in the country need to know and would also help regulators feel better.
I’ll write your AD for free!
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I notice nobody really hates
#bitcoin
. Those that criticise it are the ones that feel they missed out.
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The Indian crypto community needs to keep crypto companies in check. To be held accountable.
Exchanges and other crypto platforms serve this community by being the gateway to crypto for them.
No company is bigger than its users.
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A month since
@gosatsapp
went publicly live.
- 270% weekly user growth
- 60+ brands
- Given away Rs. 1.5L in free
#bitcoin
- 7% of our users never held BTC before GoSats!
Bringing bitcoin to the mainstream audience is fascinating. Next month- some exciting announcements!
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9
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A pleasure meeting
@TO
from
@StacksStartups
.
He was so instrumental in helping us build
#GoSats
in the early stages.
@NFTSasha
missed you man!
#BitcoinMiami
#BitcoinUnleashed
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Bitcoin
Stacks
USDT
A wild prediction - these will be the top 3 in terms of market cap in 5 years
(or sooner)
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The biggest revolution of our time was born today 13 years ago.
The Genesis block was mined on this day proving a decentralised P2P architecture does work.
Where were you on Jan 3rd, 2009?
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I came across one of the potential competitors to GoSats starting up. In one differentiator, they mentioned “GoSats only supports
#bitcoin
, we support 100 others.”
🤦
The state of Indian crypto.
I encourage competition but plebs….listing multiple tokens is not an advantage.
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GM!
Fun fact : 90% of all bitcoin supply will be mined in 1 week.
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This may be your last WC. But you have inspired millions. Others were born talented but you worked your way up with sheer hard work and determination. You inspired me with your work ethics and attitude to never give up.
You are indeed the GREATEST OF ALL TIME.
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Can you imagine
@ThatNaimish
being without his phone for an hour?
Trust me it happened.
Lovely catching up!
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Wow
@ercwl
just nailed this.
People shitcoin because bitcoiners do not want to entertain other possibilities of smart contracts via drivechains.
Peter said if all this existed on bitcoin, there would still be other shitcoins and Eric countered saying then it would be…
Download:
→ Patreon:
→ iTunes:
→ Spotify:
→ Stitcher:
→ SoundCloud:
→ Fountain:
→ YouTube:
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Check out the FIRST EVER transaction on a physical
#bitcoin
rewards card in India done by
@theKaranAgarwal
Here’s the very first transaction with the
@gosatsapp
Bitcoin Rewards Card!🥳
Our team made a purchase at Krispy Kreme, and earned 500 sats!
Earning
#Bitcoin
is now more seamless than ever before!
What should we buy next?😃
#EarnBitcoinOnEverything
#GoSats
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Where are those folks now that said “We welcome the new taxation policy by the govt. It’s a good step forward”.
I’ll tell you where they are- In Dubai.
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After seeing 4 big bear runs, this is the first time I have no anxiety and don’t really care what’s going on. I have never checked market prices in months.
Twitter is my involuntary dose of crypto prices.
Took me years to realise what matters and life is peaceful ever since.
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A CoinTelegraph article delayed the GoSats card launch by a year.
They wrote untrue statements on the card partnership and after us repeatedly asking them to take it down, they stated they couldn’t due to “Editor ethics and it’s more spicy the way it is”.
That article severed…
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Satoshi spoke about Fractional Reserve Banking. The inherent problems with the banking system where you have to trust bankers to hold onto your money.
How can anybody ever say bitcoin is a scam after reading this post?
Many are waking up to the reason why
#bitcoin
was invented.
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