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.
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Links:
James Viggiano on Twitter - https://twitter.com/jamesviggy
James on Nostr - https://nostrudel.ninja/#/u/npub17fd0kcnufx7lyu5dlvaw8rzrr2rahmwkqudmesxk7hfwnr2scmnszjc538
"Reserve Bank Governor Adrian Orr says stablecoins and cryptocurrencies are not a credible alternative to central bank money" - https://www.interest.co.nz/investing/126348/reserve-bank-governor-adrian-orr-says-stablecoins-and-cryptocurrencies-are-not
Full RBNZ Talk in Vimeo - https://vimeo.com/912104765
The Bullish Case for Bitcoin by Vijay Boyapati - https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1
Binance money laundering - https://www.theguardian.com/business/2023/nov/21/binance-settlement-crypto-exchange
Zapstream - https://www.nostrapps.com/apps/zap-stream
Bitcoin Liquid - https://liquid.net/
The importance of quality research and data - speech by Chief Economist Paul Conway - https://www.youtube.com/watch?v=P0hE4vUSleY
Kōura kiwisaver fund (Invests in Bitcoin) - https://www.kourawealth.co.nz/specialty-growth-funds/crypto-fund
Corrections:
OKC Exchange" refers to "OKX Exchange" used by Galoy.
Invest.co.nz article refers to the above interest.co.nz article.
I speak with Ian from the Victorian Bitcoin Technology Club, 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.
I talk with Bitkiwi Paul about my new year's resolution to use more cash and how Bitcoiners might align with it in an increasingly cashless world where surveillance and tracking is normalised.
Today I talk with Paul from Bitkiwi who are organising New Zealand’s premiere Bitcoin meetups. This episodes roams across a wide range of topics, from politics and nostalgia for the old days, to the importance and value of real-life Bitcoin meetups.
I talk with Brett Scott, author of The Heretic’s Guide to Global Finance and Cloudmoney: Cash, Cards, Crypto and the War for our Wallets. Brett does a lot of work supporting the protection of physical cash, and I reached out to him about an article he wrote “The War On Informality” which explores the implication of financial surveillance by credit cards and private banks.This is a thought-provoking episode. We explore the Commodity Theory of Money vs Credit Theory of Money, power dynamics, the importance of cash, and more. Brett offers some interesting critiques of certain Bitcoin narratives and provides some alternative frameworks for looking at how money works.
Palash 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.