An Optimistic View of Bitcoin Communities – Bitcoin Magazine

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This is a transcribed excerpt from the “Bitcoin Magazine Podcast”, hosted by P and Q. In this episode, they are joined by Matt Odell to talk about Bitcoin, Bugs as Food, the importance of the community, and of course, the price of Bitcoin.

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Transcription

Matt Odell: So welcome to my studio.

Q: It’s beautiful. Let’s talk a bit about Bitcoin Park because it’s an absurd thing. Is it just Soho House for Bitcoiners.

Odell: It’s still better than Soho House, isn’t it? Like, was that an offensive statement? No. Did you mean critically?

Q: I meant that as a compliment. Thanks guys. Like what you’re trying to build here is truly remarkable. I mean this double house situation.

Odell: We joke that it’s similar to Soho House and you have memberships and you have private spaces. You can work, you can meet, you can collaborate, we can podcast, you can party, you can podcast. We have podcast studios everywhere. I think the big difference between us and Soho House – the way I think of Bitcoin Park – is that Bitcoin Park is really a community.

This is primarily to support grassroots bitcoin and bitcoin adoption and support the local community in the region rather than a massively profitable global trade fair.

It would be nice to have a nice and lasting profit at the park, of course. I’m not claiming it’s a non-profit initiative, but at its core it’s a community initiative. We’re going to have development workshops here, lots of workshops, education, private events, public events, get-togethers bringing local businesses to sell their wares for bitcoin. I mean, we had a cocktail bar here accepting bitcoin, a family cafe, stuff like that.

P: When you say “family cafe”, what does that mean?

Odell: Literally the whole family works there.

P: So it’s a separate business from the Bitcoin park?

Odel: Yeah. There are three local cafes we work with and we have two buildings here. I like to call it the campus, the Bitcoin Park campus. There is a fully functional cafe which has just been delivered with the property.

So we stumbled across this cafe with the full espresso machine. As if it were a very expensive espresso machine. It’s like a $15,000 machine.

Q: Wait, they just left the espresso machine behind?

P: No, no, they fucking bought it as part of the building.

Odell: My friend, it was included in the contract. They wanted to leave us as many things as possible. These chairs we are sitting on were left over from previous tenants. This table we brought, but it’s one of the few things we brought to the park. It was in Rod’s garage before, but anyway we had a fully functional cafe. We’re not trying to run a coffee business, but we do enjoy coffee.

What have we decided to do? We contacted three different local cafes, all family businesses. They come in, they run the cafe during our events. They provide us with bags of coffee throughout the week when the members are here and working and so on.

One of the families has their children running the whole operation. They roast the beans, they do everything. And none of these cafes were Bitcoiners in advance. So they came, we were like, ‘We just want to support local businesses. We have this new money called bitcoin,” and we got them to accept bitcoin.

Now they are slowly turning orange. It’s really cool.

Q: It’s epic. You complete the bitcoin park mission.

P: The one you just learned about 30 seconds ago in this conversation. Yes. I understood.

Odell: So at the time, we had a lot of these bitcoin embassies in 2014 that popped up all over the world. Many of them were simply not durable. They did not survive.

Q: What, where was an embassy? What did he have? I wasn’t into bitcoin in 2014. I was a degenerate.

Odell: So like we had one in New York that I wasn’t involved with, but that existed in New York. They had an ATM, they had hardware wallets on display, stuff like that, but it was mostly just a showcase.

Q: Oh, interesting.

Odell: They had these things called… I forget what they called it, but some days you could go there and you could trade bitcoins, peer-to-peer.

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