@Bitcoinjourney
Peer-to-Peer Bitcoin Education & Experiences.
Community Educator of the Bitcoin Basin Circular Economy.
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Recent Notes
Scammers will use every opportunity they can to exploit people.
Below is someone impersonating as official Trezor taking advantage of the recent Coldcard vulnerability to create even more confusion, panic, and urgency. This mail was sent to someone who recently attended one of our Self Custody group workshops.
Most people don’t follow this space closely and could easily fall for something like this. That’s why the role of educators is so important: to be a beacon people can turn to whenever they need help navigating this new frontier.
The Bitcoin Journey is incredibly rewarding, but it also comes with many risks and dangers.
Ultimately, our role is to help people spot the difference between noise and signal.
Below is someone impersonating as official Trezor taking advantage of the recent Coldcard vulnerability to create even more confusion, panic, and urgency. This mail was sent to someone who recently attended one of our Self Custody group workshops.
Most people don’t follow this space closely and could easily fall for something like this. That’s why the role of educators is so important: to be a beacon people can turn to whenever they need help navigating this new frontier.
The Bitcoin Journey is incredibly rewarding, but it also comes with many risks and dangers.
Ultimately, our role is to help people spot the difference between noise and signal.
Seen many posts on X from Bitcoiners saying that Bitcoin has no market fit as a Medium of Exchange, and that spending sats is dumb as fiat/stablecoins have a better use case.
My two sats below:
It is THANKS TO THE SPENDERS that Bitcoin has its current level of adoption.
Would Bitcoin be where it is today if Laszlo had never bought those pizzas with Bitcoin? If everyone had only hodled?
Of course paying in fiat/stablecoins is (currently) more convenient and smoother. It’s weaker money, and the rails of the fiat system have been built over hundreds of years.
But when you pay in Bitcoin, you send a HUGE message to the merchant, their staff, and their customers:
“This is the money I choose, and I value your service enough to pay you with the best money ever created.”
Just ask yourself: would you rather be paid in Bitcoin or fiat?
Hyperbitcoinization is inevitable, but it’s up to us whether it takes 20 years or 100.
Normalizing Bitcoin and making it real and tangible for everyday people is how we accelerate adoption.
Especially considering how easy it is to Spend & Replace thanks to Lightning.
In our local circular economy, @Bitcoin Basin. NZ , 50+ merchants currently accept Bitcoin and the main reason is simple: we actively support the merchants who are open minded enough to accept it.
When you offer to pay in Bitcoin, you create an incentive for merchants to consider it and eventually accept it.
Paying in Bitcoin is one of the easiest and most effective ways to get people started on their Bitcoin Journey.
It’s almost a public service for the network…just like in the early days, when people gave away literally hundreds of bitcoin so others could become familiar with the technology.
It’s your money. You can do whatever you want with it.
But if you want to see hyperbitcoinization in your lifetime, consider using it.
My two sats below:
It is THANKS TO THE SPENDERS that Bitcoin has its current level of adoption.
Would Bitcoin be where it is today if Laszlo had never bought those pizzas with Bitcoin? If everyone had only hodled?
Of course paying in fiat/stablecoins is (currently) more convenient and smoother. It’s weaker money, and the rails of the fiat system have been built over hundreds of years.
But when you pay in Bitcoin, you send a HUGE message to the merchant, their staff, and their customers:
“This is the money I choose, and I value your service enough to pay you with the best money ever created.”
Just ask yourself: would you rather be paid in Bitcoin or fiat?
Hyperbitcoinization is inevitable, but it’s up to us whether it takes 20 years or 100.
Normalizing Bitcoin and making it real and tangible for everyday people is how we accelerate adoption.
Especially considering how easy it is to Spend & Replace thanks to Lightning.
In our local circular economy, @Bitcoin Basin. NZ , 50+ merchants currently accept Bitcoin and the main reason is simple: we actively support the merchants who are open minded enough to accept it.
When you offer to pay in Bitcoin, you create an incentive for merchants to consider it and eventually accept it.
Paying in Bitcoin is one of the easiest and most effective ways to get people started on their Bitcoin Journey.
It’s almost a public service for the network…just like in the early days, when people gave away literally hundreds of bitcoin so others could become familiar with the technology.
It’s your money. You can do whatever you want with it.
But if you want to see hyperbitcoinization in your lifetime, consider using it.
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So looking forward to this panel discussion with @Jimmy Kostro and Anuja at @The Bitcoin Conference , only a few days to go!
See you in Hong Kong!
See you in Hong Kong!
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Our community library at the @Bitcoin Basin. NZ just got a little bigger!
After our visits to the Oslo Freedom Forum and BTC Prague , we brought back some new books, magazines, and articles to share with the community:
• Bitcoin for Nonprofits — A guide to help your movement achieve financial freedom
• AI for Individual Rights
• Sports and Dictators — All three by the @HRF
• Top 10 Bitcoin F*ck Ups — And How to Avoid Them by @AmityAge (thanks for the lovely inscription!)
• The Bitcoin White Paper — courtesy of @BitBox
Our community library is located at the PoW Lab, a free collaboration space for builders working on Bitcoin, Nostr, and open-source projects.
Check it out here: powlab.nz
After our visits to the Oslo Freedom Forum and BTC Prague , we brought back some new books, magazines, and articles to share with the community:
• Bitcoin for Nonprofits — A guide to help your movement achieve financial freedom
• AI for Individual Rights
• Sports and Dictators — All three by the @HRF
• Top 10 Bitcoin F*ck Ups — And How to Avoid Them by @AmityAge (thanks for the lovely inscription!)
• The Bitcoin White Paper — courtesy of @BitBox
Our community library is located at the PoW Lab, a free collaboration space for builders working on Bitcoin, Nostr, and open-source projects.
Check it out here: powlab.nz
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Check out the 5th edition of Proof of Work Magazine, a pure signal project crafted by Marilyn.
We were lucky to meet Marilyn in Prague and feel honoured to be featured on page 22, sharing why we believe the @Sovereignty Summit NZ will be a conference like no other.
Not only because of incredible speakers like @Jeff Booth and @Efrat Fenigson , but also because of its breathtaking location and, most importantly, its core theme: exploring how sound money is the foundation to a sovereign life.
If you are thinking of coming, drop us a message, we offer free travel advice for Bitcoiners and can help you plan a unique trip combining adventure, authentic local experiences, and meaningful connections with the local Bitcoin community.
Travel with us and help make free Bitcoin education sustainable for the local circular economy: @Bitcoin Basin. NZ
Find out more here:
https://proofofworkmagazine.com
https://sovereigntysummit.nz
https://bitcoinjourney.nz
See you in April 2027! 🏔️🧡
We were lucky to meet Marilyn in Prague and feel honoured to be featured on page 22, sharing why we believe the @Sovereignty Summit NZ will be a conference like no other.
Not only because of incredible speakers like @Jeff Booth and @Efrat Fenigson , but also because of its breathtaking location and, most importantly, its core theme: exploring how sound money is the foundation to a sovereign life.
If you are thinking of coming, drop us a message, we offer free travel advice for Bitcoiners and can help you plan a unique trip combining adventure, authentic local experiences, and meaningful connections with the local Bitcoin community.
Travel with us and help make free Bitcoin education sustainable for the local circular economy: @Bitcoin Basin. NZ
Find out more here:
https://proofofworkmagazine.com
https://sovereigntysummit.nz
https://bitcoinjourney.nz
See you in April 2027! 🏔️🧡
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How to orange pill ANY small business/startup (restaurants, food trucks, etc) in few simple steps.
Only requirement: a small group of passionate Bitcoiners.
Us: “Hi, we are looking for a venue to host our monthly meetup and group events. Would it be possible to book a table for 5–10 people?”
Venue: “Sure!”
Us: “Great! There’s just one thing, we host our meetups only at places that accept Bitcoin payments. Would you be open to giving it a try?
There are zero costs involved and we can set you up in no time, is as easy as downloading an app (wallet). The best part is there’s zero risk: if you decide you don’t want to keep the Bitcoin, we can buy it back from you in cash at the end of the event.”
Venue says Yes: they made a sale and gained new loyal customers only for being open minded.
Venue says No: they lost a decent sale
Its all about the incentives. Spending bitcoin is how you create an incentive to accept bitcoin and this is how we accelerate adoption.
This is one of the many reasons why we have gone from 0 to 50+ merchants at @Bitcoin Basin. NZ in less in 18 months.
We use @Wallet of Satoshi because of its UX and the very handy POS feature. Showing business bitcoin adoption in the @BTC Map also helps a lot.
Particularly in New Zealand, this is becoming increasingly easy as well thanks to Bitcoin-only exchanges like Stacked, where you can instantly spend & replace using lightning.
This is how we make bitcoin tangible, real for no-coiners…before they know it, they have started their Bitcoin Journey.
Bitcoin is money, but only if we use it as such.
Onwards.
P.S: So far, nobody has asked for cash instead of Bitcoin at the end of the event, but they have all wanted to learn more about Bitcoin. Once they grasp it is very much like digital gold, they figure it is best to just HODL.
Only requirement: a small group of passionate Bitcoiners.
Us: “Hi, we are looking for a venue to host our monthly meetup and group events. Would it be possible to book a table for 5–10 people?”
Venue: “Sure!”
Us: “Great! There’s just one thing, we host our meetups only at places that accept Bitcoin payments. Would you be open to giving it a try?
There are zero costs involved and we can set you up in no time, is as easy as downloading an app (wallet). The best part is there’s zero risk: if you decide you don’t want to keep the Bitcoin, we can buy it back from you in cash at the end of the event.”
Venue says Yes: they made a sale and gained new loyal customers only for being open minded.
Venue says No: they lost a decent sale
Its all about the incentives. Spending bitcoin is how you create an incentive to accept bitcoin and this is how we accelerate adoption.
This is one of the many reasons why we have gone from 0 to 50+ merchants at @Bitcoin Basin. NZ in less in 18 months.
We use @Wallet of Satoshi because of its UX and the very handy POS feature. Showing business bitcoin adoption in the @BTC Map also helps a lot.
Particularly in New Zealand, this is becoming increasingly easy as well thanks to Bitcoin-only exchanges like Stacked, where you can instantly spend & replace using lightning.
This is how we make bitcoin tangible, real for no-coiners…before they know it, they have started their Bitcoin Journey.
Bitcoin is money, but only if we use it as such.
Onwards.
P.S: So far, nobody has asked for cash instead of Bitcoin at the end of the event, but they have all wanted to learn more about Bitcoin. Once they grasp it is very much like digital gold, they figure it is best to just HODL.
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GM and happy Global Fiat Birthday!!! 🎂
55 years ago today, the world’s only post WW2 reserve currency severed all ties with any thermodynamic supply governor.
This begun the countdown to the d...
Would bitcoin have been invented if we were still on a gold standard? Was bitcoin inevitable?
GM Mt Cook
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Ready for this one plebs?
We are happy to announce that Queenstown now has its very first fine dining restaurant featured in the Michelin Guide accepting Bitcoin.
Exceptional food and world class wine matching will now taste even better, as you can pay in sats.
Welcome Toast & Oak to the @Bitcoin Basin. NZ
https://www.toastandoak.nz
We are happy to announce that Queenstown now has its very first fine dining restaurant featured in the Michelin Guide accepting Bitcoin.
Exceptional food and world class wine matching will now taste even better, as you can pay in sats.
Welcome Toast & Oak to the @Bitcoin Basin. NZ
https://www.toastandoak.nz
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