Escaping Hyperinflation in a Rolls Royce with Freddie New - WBD653
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 3 May 2023
⏱️ 124 minutes
🧾️ Download transcript
Summary
Freddie New is the Head of Policy at Bitcoin Policy UK. In this interview, we discuss how his childhood experiences living in Zimbabwe and Syria have shaped his understanding of Bitcoin's unique properties. We also discuss his amazing efforts in setting up Bitcoin Policy UK, a new and much-needed advocacy group promoting Bitcoin to policymakers and the wider public in the United Kingdom.
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Danny and I have been very fortunate to travel to a vast array of countries in making this show. In the process, I have been exposed to ideas and experiences that reinforce the importance of Bitcoin. But what strikes me the hardest is coming back to the UK. There is a general lack of interest and consideration for this innovation. It's an attitude that borders on outright suspicion and derision on occasions.
Freddie New is one of the main people behind a new advocacy group: Bitcoin Policy UK. It is a lobbying and educational non-profit that the UK has been in desperate need of. This speaks to the difficulties of getting funding for such initiatives more than anything else. But, as the Bitcoin Policy Institute and Coin Centre attest, it's about getting the right people to work in such organisations.
Freddie is such a person. Whilst he speaks like a typical London professional (which can open many doors in the UK!), his experiences in growing up and escaping Zimbabwe were anything like the typical insular upbringing of many in the UK. At an early age, Freddie was forced to acquire valuable education on the importance of the properties that Bitcoin provides. It is a story that makes you catch your breath.
Bitcoin advocacy is about looking beyond the investment potential of the Bitcoin asset and expressing its value as a technology that can protect people. Advocacy needs to be authoritative and tell powerful stories to persuade people who are blind to the economic transition coming down the road. Having someone who can eloquently attest to the need to have means to protect sovereign wealth could be the lightning rod for Bitcoin advocacy in the UK.
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Transcript
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| 0:00.0 | Why I feel perhaps Bitcoin and its properties appeal more to me than to some other people. |
| 0:08.0 | I was lucky to have strange experiences as a kid which I feel made the advantages of a money which you can carry in your head |
| 0:15.4 | or which you can bring with you when you cross a border, or if the worst happened and you just |
| 0:21.6 | had to drop everything and go, what could you take with you? |
| 0:24.0 | Hello there, how are you all doing? |
| 0:27.0 | Are you having a good week? |
| 0:28.0 | I am heading out to Miami on Friday. |
| 0:30.0 | I cannot wait. |
| 0:31.0 | Can I wait to get out there and see you. |
| 0:32.0 | Talk a little bit of Bitcoin and hang out. We've also got our live event there. |
| 0:35.8 | We've got Lynn Alden, Jeff Snyder, Troy Cross and Harry Suddock for a live WBD |
| 0:41.1 | podcast recording. If you want to get yourself a ticket head over to |
| 0:43.6 | what Bitcoin did dot com and click on WBD live. Anyway welcome to the |
| 0:48.1 | what Bitcoin did podcast which is brought to you by Iris Energy, the largest |
| 0:51.7 | NASDAQ listed Bitcoin miner using 100% renewable energy. |
| 0:55.6 | I'm your host Peter McCormack and today I have Freddie new on the show for possibly the poshest |
| 1:00.4 | WBD ever. Now Freddie has recently co-founded Bitcoin Policy UK and he is |
| 1:05.3 | going to be spearheading this nonprofit trying to educate and evangelize |
| 1:09.0 | Bitcoin politicians and policymakers here in the UK. After spending time with David Zell and some of the other people working with the |
| 1:16.0 | Bitcoin Policy Institute in the US, |
| 1:18.0 | it has become abundantly clear how important this role is. |
| 1:21.0 | So I'm very glad someone is finally going to take up this |
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