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.
🎧 Latest pod is out. Andrew M. Bailey @Andrew M. Bailey is a Professor and co-author of Resistance Money: A Philosophical case for Bitcoin. We discuss the book’s approach to communicating the idea of Bitcoin from a global perspective, providing strong arguments for Bitcoin’s value as a net good for the world. We also talk about the history of political philosophy and how ideas spread as well as the new interdisciplinary Bitcoin Research Institute at the University of Wyoming where Andrew will be taking on a role as Professor of Philosophy.
I am reading The Sovereign Individual again. Has anyone else been reading it? Some truth bombs that stand out: 1. Is anarchy the world order already? There is no global power, only competing states and interests and the logic of violence. 2. Politics is downstream of technology, mass democracy is a product of mass production, along with mass media 3. Voting is a proxy for military violence 4. What is it that makes people believe in the legitimacy of democratic institutions? No other organisation or business is run this way, when you understand the logic of violence in the industrial age it becomes clear.
🎧 Latest episode is out. Don Brash was the former Governor of the Reserve Bank of New Zealand from 1988 until 2002. Don was also a Member of Parliament, and leader of the New Zealand National Party. We discuss Don’s work at the Reserve Bank, which came at a pivotal time alongside the economic reforms of the late 80s. Don shares the history of the famous 0 - 2% inflation target that he helped implement, and we talk more broadly about the state’s understanding of inflation, its causes, Bitcoin, and the role of Central Banking. We go on to talk about Don’s current focus looking at both the geopolitical situation New Zealand faces in-between the US and China, as well as his work with Hobson’s pledge looking at democracy issues closer to home.
🎧 Latest pod: Max Hillebrand ( @Max ) is a Bitcoin builder, educator, and privacy advocate. Max has contributed to open-source Bitcoin projects including BISQ, JoinMarket, and Wasabi Wallet, while also talking about individual freedom and self-sovereignty. We dive straight into the concept of The Second Realm, which is focussed on building parallel economic systems in which sovereign individuals are empowered to pursue life, liberty and happiness without the harassment of the State. Along the way we discuss anarchy, agorism, praxeology, and natural law. Max is a wealth of knowledge and I enjoyed this conversation with him, I hope you do too.
I am looking forward to Saturday. See you all at Bitkiwi in Christchurch. The event runs 1 - 5pm & the talk panel is at 1:30pm. Learn about Bitcoin, buy a beer with sats, or just have a yarn. Free and open to all.
🎧 I speak with Ian from the Victorian Bitcoin Technology Club @npub1g7un...yt4j, a not-for-profit incorporated club supporting Bitcoin education and grassroots bitcoin adoption in the state of Victoria, Australia. We discuss the background to starting the club, how it acts as a backwards-compatible organisation for interfacing with the legacy world while also embracing Bitcoin principles. We also talk about the club’s mission, their plans for the future, and how they are trying to operate on a Bitcoin standard.
Quick sketch from Prague day 1. This city is incredible.
It seems we went from "new innovations in digital money are being tentatively explored by a small team..." to "TIME TO GET READY FOR THE CBDC NEW ZEALAND: ITS COMING" in a period of about 6 months. It's not looking good for privacy and human rights. Interestingly it looks like they already have an internal project titled "Digital Cash Campaign" designed to push this narrative out there: image I have heard that the RBNZ's unelected oafdom are also beginning the rounds in the local media to plant the seeds for their new magic money.
I'm making an effort to use nostr more. It is a much better way to communicate.
🎧 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 @NZ on NOSTR @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. @NZ on NOSTR @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: