Bitkiwi

Bitkiwi XV is fast approaching and we've got some awesome speakers locked in! We've also got a few other announcements and things going on in the NZ #Bitcoin community, so lets dive in! 🧵👇

#Bitcoin meetup in Wellington, next Wednesday April 1! Get along Wellington plebs! We're going to start growing this meetup, watch this space for some new developments in the coming months. Exciting times ahead for Wellington Bitcoiners!

"The proof-of-work algorithm is like a school test. Tests are an unproductive expense of energy as they do not produce anything of value. However, a test provides proof that you have done the work to understand the material. This protects the validity of the school by not simply graduating students who say they've read the curriculum but rather students who've spent the time and energy to prove it." - @ericyakes, The 7th Property

Our March Meet up will be this FRIDAY (not our usual Thursday!) 20th March at 5.30pm At @buzzstopnz in @countrylanequeenstown in Frankton. Come along and meet local Bitcoiners, Bitcoin accepting Business owners and others interested to learn more. No experience required, if anything come hang out to avoid the Frankton Road traffic. Come onnnn!! We will have snacks and beers 🍻 If you have ever wondered what makes Bitcoin different, or how it works, or just keen to see a transaction first hand then this is the meet for you. bitcoinbasin.nz for more information about what we are upto and why. ⚡️

Just 2 more days until the 3rd Auckland Bitcoin Meetup of 2026! Whether completely new to the space or an OG Maxi, feel free to join us at Andrew Andrew this Sunday to discuss the world's best cryptocurrency and all the related topics we find down the Rabbit Hole 🌟

It's that time again - join us this Sunday, 15 March at 3:30PM for the Auckland #Bitcoin Meetup. Once again we'll be hanging out at everyone's favourite Bitcoin bar, Andrew Andrew. 🍀 Looking forward to it as always!

See you tomorrow at Bitkiwi! A pure signal event that gets together Bitcoiners from all over NZ!

In 2021, a headline like this on the front page of a Pulitzer Prize winning paper would've been unthinkable But backed up by data from Cambridge, Duke University + 23 peer reviewed studies showing Bitcoin mining's environmental benefits, the media have changed their tune also H/t to @ContingencyBTC for sharing the article

Bitkiwi XV is tomorrow! The Bitkiwi team are on our way to Christchurch, can't wait to catch up with NZ's #Bitcoin community again! We're hearing from a few people travelling, should be a good crowd in, see you all there! Further details below 👇

JUST IN: Bitcoin exchange Kraken becomes first crypto bank to receive a Federal Reserve master account 🤯 This makes Kraken the first digital asset bank in U.S. history to gain direct access to the Federal Reserve’s payment infrastructure 🚀

Ok wait... Its three sleeps 🤣 I'm getting over-excited plebs!

TWO SLEEPS!!!!

#Bitcoin meetup in Wellington tonight! Come on down if you're in town! We'll be at Chouchou on the waterfront (in the Circa Theatre building) from 6pm. No need to rsvp, just rock in! meetu.ps/e/PRy9M/X9B3L/i

A group from The Bitcoin Basin will be heading to this. Bitkiwi is always a great time. Such a great way to connect with other Nz Bitcoiners. ⚡️

Four sleeps until Bitkiwi XV! You don't want to miss the latest edition of New Zealand's premier #Bitcoin event! As always, Bitkiwi is free and open to all. Join us at the Dux Central, Christchurch, at 1pm this Saturday the 7th of March. Here are your speakers for this event 👇

If you cant make it down to Bitkiwi XV in Christchurch next weekend and you are in Wellington, you can still do the next best thing and come along to the Wellington #Bitcoin meetup! Join us this Wednesday at Chouchou, in the Circa Theatre building on the waterfront, at 6pm! meetup.com/bitcoin-wellin…

The latest edition of the Bitkiwi Brief is out! With key #Bitcoin news from February, another Bitcoin book review, and of course all the latest on next week's Bitkiwi XV event, kiwi maxis need to get into this one! Read this month's edition, and subscribe for free, here; mailchi.mp/c4c01634fbe6/t…

One week to go! KIWI BITCOINERS, ASSEMBLE

We're now 3 years in to Bhutan's Bitcoin experiment That means we now have robust data on how it has impacted the economy For context: Bhutan's economy was in dire shape in 2022 due to loss of all tourism income (it's #2 export earner) during the COVID period. It got so bad that Bhutan was 3 months away from defaulting on import payments. IMF was poised to step in to structure a loan which would have led to heavy debt repayments, but also ceding of economic sovereignty to a lender whose loan conditions permit them to dictate how to (re)structure an economy. Instead, Bhutan formed a large Bitcoin Strategic Reserve by using their surplus renewable hydropower to mine Bitcoin. The IMF has warned on numerous occasions that nations embracing Bitcoin would destabilize their economy, be less effective at attracting foreign direct investment, and endanger their decarbonizing and environmental initiatives. What does the data say (as reported by Wall St Journal, Al Jazeera and Forbes) 1. Bhutan was able to "use Bitcoin reserves to avert a crisis as foreign currency reserves dwindled to $689 million" 2. The bitcoin reserves have directly addressed pressing fiscal needs. "In June 2023, Bhutan allocated $72 million from its holdings to finance a 50% salary increase for civil servants" 3. Prime Minister Tshering Tobgay in an interview said that bitcoin also "supports free healthcare and environmental projects" 4. Tobgay also said their Bitcoin reserves helped in "stabilizing [the nation’s] $3.5 billion economy" 5. Independent analysts have now said that "this model could attract foreign investment, particularly for nations with untapped renewable resources" Considering that what transpired in Bhutan has helped stabilize an economy that the IMF warned Bitcoin would destabilize, it begs the question: what data was the IMF's predictions based on? For Bhutan, Bitcoin didn't just boost the economy, it allowed Bhutan to maintain economic independence and provided an example to other small nations of a path forward that did not require the IMF.

We love our #Bitcoin friends in Christchurch... These legends have moved their March meetup to Thursday March 5 (7pm at Bar Yoku), thus making it closer to Bitkiwi XV (Saturday March 7, 1pm and the Dux Central). If you're in town for Bitkiwi then get along to a meetup as well! meetup.com/christchurch-b…