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The Peter McCormack Show

Scaling Bitcoin Culture with Amanda Cavaleri - WBD622

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 22 February 2023

⏱️ 78 minutes

🧾️ Download transcript

Summary

Amanda Cavaleri is a Bitcoin entrepreneur and board member of the Bitcoin Today Coalition. In this wide-ranging interview, we discuss the upcoming Bitcoin Ski Summit Amanda is organizing, how Bitcoin can help the United States, whether Bitcoin should be radical or conservative, the importance of values in Bitcoin culture, and the promise of Nostr.

- - - -

Amanda Cavaleri is a long-time friend of the show, and one of the most genuine and hard-working people within Bitcoin. Amanda has numerous interests across Bitcoin, from investments to mining, from advocacy to education. As a veteran Bitcoiner, Amanda is able to have a wider perspective on the important value Bitcoin brings to society beyond its immediate investment potential.

We discussed the unremitting importance of Bitcoin to privacy, and of privacy to democracy. With the rise of China, having a tool outside of the purview of the state is becoming increasingly important. Furthermore, Bitcoin has the potential to support global economic growth as we transition from the dollar as a reserve currency: Bitcoin has the potential to be neutral global money that can enable efficient cross-border payments in an increasingly multipolar world.

We talked about despite Bitcoin being an apolitical tool, there is significant work required to get it to resonate within the Washington bubble. Amanda set out the educational work, network building and soft permeation of DC being undertaken by the Bitcoin Today Coalition. This is a slow but vital advocacy process needed to lessen the risk Bitcoin's development within the United States is kneecapped by ignorant legislators.

Finally, we covered the importance of Bitcoin's culture. Whilst 'number goes up' worked to gain rapid interest over previous cycles, a values-based ideology is showing itself to be critical in both widening Bitcoin adoption and defending against attacks. But culture obviously affects the internal workings of Bitcoin as much as its presentation externally. Therefore, the current debate around how radical Bitcoin should be may perhaps become a significant area of debate in the next year.


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Transcript

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0:00.0

If I were a decision maker in the US, I would probably want to figure out how to embrace

0:07.4

Bitcoin to make the US dollar stronger.

0:11.6

I think that's a pretty smart move. We'll see if that happens.

0:15.0

Hello there, how are you all?

0:17.0

You're doing well. It's good to be back in UK.

0:19.0

It's good to be back in Bedford.

0:21.0

Flew back from Canada last night and what an epic trip.

0:24.0

So thank you to everyone in New York especially want to give a big shout and thanks to everyone

0:28.9

over at Pub Key, spent a good time over there. Go and check it out of you in New York,

0:32.4

they're doing some great work.

0:33.7

Also, thank you to everyone who came out for the show

0:35.8

and the live show we did there, which was very cool.

0:38.9

Anyway, welcome to the What Bitcoin did podcast,

0:40.7

which is brought to you by Gemini,

0:41.9

the only place I'm using for

0:43.0

buying Bitcoin I'm your host Peter McCormack and today I've got my good friend

0:46.9

Amanda Cavallary on the show to talk about Bitcoin culture now I've known

0:50.5

Amanda for a number of years now she was on on the show previously with C.J. Wilson,

0:54.1

but I wanted to get her back on the show.

0:55.8

I wanted to have her on on her own.

0:57.9

And we decided to get into Bitcoin culture and how scales.

1:01.5

So if you've got any questions about this or anything else please do

...

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