Saving the Planet through Bitcoin with Mags Gronowska (WiM296)
The "What is Money?" Show
The Importance of Understanding Bitcoin
The CEO of Quadriga embezzled $140 million from his users. The bank held back $30 million and went into court to save the company's hard assets, which it could then resell. "This is not just abstract, philosophizing. We're talking about here, like this is impacting real people's lives," he says.
Mags Gronowska joins me to discuss the Ponzi scheme of the Quadriga exchange, the significance of Bitcoin network regulation, the technology of waste tire management, how Bitcoin contributes to infrastructure development, and global Bitcoin adoption.
Mags Gronowska is a seasoned professional with 15 years of experience in regulated financial, electricity, and carbon markets.
// GUEST //
Twitter: https://twitter.com/Crypto_Mags/
LinkedIn: https://www.linkedin.com/in/mgronowska/
// SPONSORS //
In Wolf's Clothing: https://wolfnyc.com/
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
CrowdHealth: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet: https://wasabiwallet.io/
Join Me At Bitcoin 2023 in Miami (use discount code BREEDLOVE): https://b.tc/conference/
Casa (use discount code BREEDLOVE): https://keys.casa/
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/
Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com
Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/
// OUTLINE //
00:00 - Coming up
01:15 - Intro
02:48 - Helping Lightning Startups with In Wolf's Clothing
03:35 - Introducing Magdalena (Mags) Gronowska
05:06 - Mags’ Experience as a Government Employee
06:44 - The Broken Incentives of the Governance
09:03 - How Mags Got into Bitcoin
10:02 - Escaping from Communist Poland
13:16 - The Ponzi Scheme of the Quadriga Exchange
16:38 - Secure Your Bitcoin Stash with The iCoin Hardware Wallet
17:34 - Take Control of Your Healthcare with CrowdHealth
18:36 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
19:11 - How to Increase People’s Awareness of Bitcoin Security
20:17 - Does the Bitcoin Network Need Regulation?
22:30 - How We Can Prevent Another Ponzi Scheme Event
25:37 - Introduction to PRTI
26:53 - The Technology of Waste Tire Management
28:55 - Making Money and Reducing Pollution
29:39 - A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS
30:34 - Hold Bitcoin in the Most Secure Custody Model with Casa
31:22 - Community Acceptance of the Waste Tire Management Project
32:24 - Bitcoin Miners are Contributing to Infrastructure Development
33:40 - Bitcoin is Providing New Economic Incentives
35:30 - A Bitcoin Success Story in the Congo
37:11 - How We Can Replicate Bitcoin Incorporation in the Developed Countries
39:05 - Bitcoin Needs More Time for Mainstream Adoption
41:29 - Bitcoin Can Solve Countless Problems
42:42 - Bitcoin Culture is an Advanced and Collaborative Network
43:30 - The Snowball Effect of Bitcoin
44:53 - Where to Find Mags’ on the Internet
// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
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// WRITTEN WORK //
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