Cody Ellingham | The Transformation of Value's avatar
Cody Ellingham | The Transformation of Value
hello@thetransformationofvalue.com
npub1uth2...mmmu
Creative & Host of the Transformation of Value Podcast.
🎧 The Economic Violence of the New Zealand State and the RBNZ with Ben Jarvie Ben Jarvie is a writer and kiwi Bitcoiner working for Amber App, a Bitcoin-only exchange. We talk about Ben’s recent travels to El Salvador and Madeira, and we reflect on the declining situation of my beloved home country, New Zealand, and in particular the economic violence that the State and the Reserve Bank of New Zealand continues to unleash upon the people through its egregious manipulation of the money. But that said, we know that Bitcoin fixes this, and we are here to build bridges and meet people where they are at! CC @npub1fvzm...r9hy @AmberApp @maddnz @TIP_NZ
🎧 Kiwi Bitcoin Builders: Satflow, Bitcoin Alive, Lightning Pay, and Fedimint I host the Kiwi Bitcoin Builders monthly catchup for April 2024 (Recorded 7 April). This is a way to bring together people working on awesome Bitcoin businesses and projects in New Zealand. We share what we have been working on and what has been happening in the space. We hear about the Bitcoin Alive conference that was held over in Sydney, follow up on the success of the Lightning Pay beta, as well as hear from Satflow, a new Kiwi Bitcoin business exploring MEV on Bitcoin. If you would like to share a Bitcoin project or business that you are working on in New Zealand do please reach out to me and we can connect, just send me an email me at hello@thetransformationofvalue.com [Episode Details](https://www.thetransformationofvalue.com/episodes/kiwi-bitcoin-builders-satflow-bitcoin-alive-lightning-pay-and-fedimint) [Follow The Transformation of Value on X](https://twitter.com/TTOVpodcast)
🎉 Queenstown as New Zealand's Gateway to the Bitcoin World? ‍Renowned for its breathtaking vistas of Lake Wakatipu and the Southern Alps, as well as its attraction as a luxury tourist destination, Queenstown could become a premier hub for Bitcoin innovation in New Zealand. Alongside exotic locales like El Zonte in El Salvador and the lakeside city of Lugano in Switzerland, Queenstown has been establishing its own local Bitcoin economy of innovators, businesses, and initiatives. From burgeoning startup ventures to Bitcoin community events and the building of Bitcoin infrastructure, Queenstown could become a hub for this new monetary technology in New Zealand. @npub1fvzm...r9hy @maddnz @TIP_NZ @ODELL
Simplicity: Bitcoin’s Last Soft Fork? With Christian Lewe, Blockstream Research I talk with Christian Lewe from Blockstream Research. Christian is working on Simplicity, a more robust programming language designed as an alternative to Bitcoin Script. To own Bitcoin is to be able to spend it, and the way we currently do this is with Bitcoin Script which has challenges and limitations that means it can be very unforgiving to work with, and it limits more complex transactions and arrangements because you cannot formally verify what will actually happen. Simplicity seeks to fix this. The project that has been in the works for over ten years and has been described by Adam Back as “the last soft fork”. There is some technical nuance to this statement, but as Christian shares, enabling simplicity could bypass a lot of the contentious soft fork discussions about things like covenants as this functionality is possible with Simplicity. We talk about the proof of work and low time preference of Simplicity, as well as the plans to launch on the Liquid testnet and mainnet to validate the project through actual financial use before an eventual proposal to bring it into Bitcoin. [Episode details](https://www.thetransformationofvalue.com/episodes/simplicity-bitcoins-last-soft-fork-with-christian-lewe-of-blockstream-research) [The Transformation of Value on X](https://twitter.com/TTOVpodcast)
Two strategic opportunities for Bitcoin growth in New Zealand are sustainable Bitcoin mining as an export industry + self-sovereignty options for New Zealand Māori organisations. The self-sovereignty aspects for NZ Māori presents some promising pathways, and the combination of this alongside Bitcoin mining in particular is a big opportunity given the amount of natural resources and energy assets that Māori tribes and organisations have in their custody. The overall development of Bitcoin infrastructure and awareness could help significantly grow employment and local wealth creation especially in rural areas.
I talk with @James Viggiano 🇳🇿 about recent comments made by the Governor of the Reserve Bank of New Zealand. Not soon after we spoke, James shared a clip that went viral of the governor talking frankly about the exorbitant privilege of money printing that the central banks and governments have. James and I talk about some of the game theory from the perspective of the Reserve Bank of New Zealand to defend the Kiwi Dollar and their attempts to talk down inflation, and shift the narrative even as the cost of living crisis continues. We also talk about the opportunity for what New Zealand could look like on a Bitcoin standard and how that could interface with the legacy financial system. Listen now:
I am excited about the possibilities of Lighting Payouts and Ocean Mining.
🎧 Building Bitcoin-Native Banking Infrastructure at Galoy with Andrew Begin Andrew Begin is Director of Marketing at Galoy, a company building Bitcoin-native banking infrastructure for organisations.We talk about Galoy’s Bitcoin projects including the open-source Blink Wallet, made popular through Bitcoin Beach in El Salvador. I learn about the vision for the product as well as its Stablesats functionality and how this work.We discuss the power of communities taking ownership of their financial infrastructure, and the opportunities for grassroots Bitcoin adoption in Africa and Latin America. Finally we talk briefly about permaculture and regenerative farming and the connections with Bitcoin thinking.‍ Listen now:
I did an in-depth interview a while back with Ben Jarvie of @AmberApp about the relationship between the Te Tiriti o Waitangi and the Reserve Bank of New Zealand in case anyone missed it! It may not mean much to my friends outside of New Zealand, but the Treaty of Waitangi (signed on this day in 1840) is an important foundational document in our history. Some fascinating history around Kīngitanga and King Tāwhiao's petition to the Queen to set up a Maori-led banking system and the utter appropriation of Māori imagery by the RBNZ, which is essentially a colonial project manifest. It is an interesting case study as one of the largest crown entities (technically, a statutory corporation) in New Zealand to overtly ignore the principles of the treaty, in particular rangatiratanga. 🎧 Listen here to the episode here: Read Ben's Original article here about the Reserve Bank of New Zealand:
🎧 Latest Bitcoin pod is out. I talk with @Dash of the Tokyo Citadel Builders Podcast & Community. We dive deep into some of the game theory and scenarios that Bitcoin and hyperbitcoinisation presents, as well as what the broader economic landscape may look like in the future. Just as the internet has become far more than merely digital version of letters and newspapers, Bitcoin may not just be digital money as we know it, but an entirely new paradigm of value transfer and wealth storage that is difficult to fathom while we still exist within the current system. Thus it is important to broach these ideas and have creative discussions to try and paint a picture of what may come to pass. I also talk with Dash about the role of faith, and purpose and meaning more broadly in these trying and changing times. Listen now:
🎧 I talk with Prince Filip of Serbia, a prominent Bitcoiner, and Chief Strategy Officer at Jan3. We talk about Prince Filip's work at Jan3 engaging in high-level conversations about Bitcoin with nation-state leaders as well as his thoughts on monarchy, democracy, and culture. We discuss the role of Bitcoin and sound money and the chance presented for smaller countries such as Serbia and New Zealand to adopt Bitcoin as legal tender. I also extend an invitation to Prince Filip and the Jan3 team to come visit and help spread awareness about what Bitcoin could mean for New Zealand, in particular its connection to energy and infrastructure.
🎧 Latest episode is out: Kishin Kato is a Japanese Bitcoiner working on various Lightning and Bitcoin education-focussed projects, and heavily involved with the Bitcoin community in Japan. We discuss some of the broad connections between Japan and New Zealand, including the state of agriculture, free trade, financial gatekeepers, as well as the emergence of different Bitcoin narratives. Listen now:
🎧 I talk with Bitkiwi Dan, one of the co-founders of the BitKiwi meetup events in New Zealand. We canvas a range of topics from government decision-making and how political neutrality works in the public sector to what it might take to form a new Bitcoin political party in New Zealand. Dan is also a Chartered Accountant and we discuss the opportunity around businesses wanting to hold Bitcoin on their balance sheet, integrating with legacy banks, and how the bitcoin circular economy could develop.
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CodyEllingham 2 years ago
🎧 Latest pod is out: I talk with Brandon Bucher, zooming out to discuss the recent high on-chain transaction fees, and what we can expect from discussions about scaling solutions moving forward. We talk about how rough consensus works for making changes to Bitcoin and what the situation was like during the period of the Blocksize Wars and SegWit activation from 2015 to 2017. Finally we discuss the importance of education and support for self-custody of bitcoin.
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CodyEllingham 2 years ago
🎧 Latest episode is out: Palash (@`Bitmaniac-07`) is an Indian Bitcoiner sharing his thoughts on how to bring Bitcoin adoption to the world’s largest democracy. We talk about the sudden demonetisation of certain cash notes by the Indian government, the new unified payment interface and Indian CBDC. Palash also discusses how households approach savings, purchasing and gifting gold, and the social roles of money.
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CodyEllingham 2 years ago
🎧 Latest pod is out: Sam Kivi is the CTO and Director at Grid Share, a New Zealand company building flexible load infrastructure centred around renewable energy and Bitcoin mining. We talk about how flexible load works, and the benefits that it provides to the power grid, how it interacts with renewable power generation, and what the opportunities and challenges are, given New Zealand’s unique energy mix. We also discuss the emerging opportunities for landfill methane capture, and what it actually takes to put in the proof of work to stand up a mining operation as Grid Share have done. Sam also shares a new initiative from the company, offering hosting services for Bitcoin miners in New Zealand.
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CodyEllingham 2 years ago
Cobblestones leading up to a carpark. Showa fifty-two. A cold northerly. Taped-up windows. Wooden cladding over a wasp nest. The Coca-Cola neon clock that turns off at midnight. image
Cody Ellingham | The Transformation of Value's avatar
CodyEllingham 2 years ago
🎧 Latest pod is out: I talk with @rabble, a software developer and hacker based in Wellington, New Zealand. Rabble was lead engineer at Odeo, where he hired Jack Dorsey into the company, which would later pivot into becoming Twitter. Since then he has been focussed on building impactful projects and social media with the open & decentralised vision that Twitter originally had in its early years but which was eventually lost. Rabble has created the Nostr client Nos.social, and is involved with ⁠Ahau.io⁠, a Māori community tool built on Nostr’s predecessor protocol, Secure Scuttlebutt. We talk about Bitcoin, new ways of living, solarpunk, creative work and what the opportunities are for it all to come together.