

Closing the Loop
John Vallis
Closing the Loop is a podcast about Bitcoin. In it, we will be speaking with the entrepreneurs, developers, and thinkers who are contributing to the evolution of this revolutionary technology. The podcast will also be an ongoing experiment of sorts, leveraging the latest developments in the broader ecosystem, highlighting and implementing solutions that foster censorship-resistant communication and new content monetization models. Join us in discovering the many possibilities that Bitcoin brings!
Episodes
Mentioned books

Mar 8, 2022 • 1h 24min
#16 - Keyan Kousha: Using Bitcoin to Foster 'Natural Communities' Online w/ Stacker News
This episode's guest is Keyan Kousha, founder of Stacker News.
Stacker News is a user-generated, feed-style news platform, modeled after Hacker News, but with the important distinction of having natively-integrated bitcoin lightning payments, as a means of fostering more natural communities (think less spam and antisocial behavior), cultivating high-signal bitcoin content, and providing a better user experience overall.
Stacker News is still in the very early days of its development, but it's a great showcase of how bitcoin can be used to improve upon an existing model, and in doing so, explore how improved incentives might influence media publishing, monetization, and moderation.
Keyan is a prime example of someone who caught the bitcoin bug, and just couldn't resist getting involved. The result is a product built with and for bitcoiners, and it was great to have him on the show to explain more about his motivations and ambitions.
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Follow Keyan:
Twitter: @k00bideh
Website: stacker.news
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
fountain.fm
NewPodcastingApps.com
Value4Value.io

Feb 18, 2022 • 1h 17min
#15 - Oscar Merry: Building the Value4Value Infrastructure
This episode's guest is Oscar Merry, co-founder of Fountain, a popular Podcasting 2.0 app for sharing clips of your favorite podcast segments. The app is also value4value enabled, which means that it allows you to support your favorite show directly, by streaming and boosting sats.
As you may have noticed, we at Seetee are big advocates of the emerging bitcoin lightning-enabled value4value model. We believe that this model is the future of free expression and digital media monetization, and so we love to see other teams working hard to build it into reality.
With each of our shows, all the sats that are streamed or boosted by our listeners—thank you, by the way—are divided between everyone involved in the show, including John, our sound producer, our guests, and sometimes others. Most often our guests opt to have their stream directed to charities and other non-profit organizations, such as the HRF.
For this episode, Oscar is directing his stream to a bitcoin fund that he and his team has set up. The sats in this fund are donated to new users who do not yet hold any bitcoin but are interested in exploring the world of lightning and streaming sats. Thus, if you choose to give value back while listening to this episode, know that you are not only helping to onboard new bitcoiners, but also reducing the friction of getting started in the value4value ecosystem.
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Follow Oscar:
Twitter: @MerryOscar
Website: fountain.fm
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
fountain.fm
NewPodcastingApps.com
Value4Value.io
Sats Streamed to:
Fountain Onboarding Fund

Feb 1, 2022 • 1h 53min
#14 - Rodolfo Novak: A Decade of Bitcoin Entrepreneurship
This episode's guest is Rodolfo Novak, co-founder and CEO of Coinkite, a popular bitcoin hardware manufacturing business, which has produced such classic products as the COLDCARD hardware wallet, the OPENDIME, and the BLOCKCLOCK MINI (to ensure one never loses track of Moscow time :p).
Rodolfo has been an entrepreneur in the bitcoin space for over a decade and has a ton of unique insights regarding building a business in the space, as well as on bitcoin's history and emergence as a cultural phenomenon.
It's apparent that the 'bitcoin ethos' permeates how he and the Coinkite team operate their business, and as such it's great to see how well their efforts have been received by bitcoiners the world over.
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Follow Rodolfo:
Twitter: @nvk
Website: coinkite.com
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io
Sats Streamed to:
hrf.org

Jan 17, 2022 • 1h 38min
#13 - Gigi: The Future of Value
For our first episode of the year and season, we thought it would be fun to bring Gigi back on for a discussion about what the team has been working on, highlights and developments from Season 1, some thoughts around the evolution of the value4value model, and our focus for the upcoming year.
Thanks to everyone involved, the incredible guests we had on for discussions, and all the people who have supported this show and the wider Bitcoin ecosystem.
Here's to another great year ahead, as we continue building towards hyperbitcoinization.
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Follow Gigi:
Twitter: @dergigi
Website: dergigi.com
Books: 21 Lessons, 21 Ways
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io

Dec 23, 2021 • 1h 45min
#12 - Cory Klippsten: Building a Bitcoin Company for Bitcoiners, by Bitcoiners
This episode's guest is Cory Klippsten, founder and CEO of Swan Bitcoin, a popular US-based service for buying bitcoin.
Swan began as a way to make it easy for people to dollar cost average their bitcoin buys, automating them on a daily, weekly, or monthly basis. Only bitcoin, and only buying. There is no option to sell with Swan — a not-so-subtle suggestion about how people should be engaging this asset.
Swan is a great example of a company that benefited tremendously from hiring individuals that have been active and outspoken within the bitcoin space. Their team, along with their focus on educational content, shows the importance of education and aligning one's brand with the Bitcoin ethos. Swan is not only educating prospective customers but also contributing to the resources available to everyone seeking to understand Bitcoin better.
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Follow Cory:
Twitter: @coryklippsten
Website: swanbitcoin.com
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io

Dec 9, 2021 • 1h 45min
#11 - Steve Barbour: The Solution Is to Plug in More ASICs
For this episode, our guest is Steve Barbour, founder and CEO of Upstream Data.
Since 2017, Upstream Data has been pioneering solutions to capture methane emissions in the upstream oil and gas industry. Steve and his team monetize the energy at the source with mobile bitcoin-mining rigs.
Steve's ingenuity and success have caused many to begin thinking "outside the box" when it comes to potential energy sources for powering the Bitcoin network. This novel way of approaching things has spawned a burgeoning industry for taking wasted, isolated, unused, or underused energy resources, and turning them into sats for profit.
Steve is a highly regarded entrepreneur in the bitcoin space who is known for his frank style of communication and the honesty and integrity with which he conducts himself and his business.
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Follow Steve:
Twitter: @SGBarbour
Website: upstreamdata.ca
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io

Nov 25, 2021 • 2h 9min
#10 - David Bailey: Celebrating Bitcoin Culture
This episode's guest is David Bailey, CEO of BTC Inc., the company behind Bitcoin Magazine, The Bitcoin Conference, and several other brands in the Bitcoin ecosystem.
Due to his involvement in Bitcoin since 2013, David has a ton of interesting insights and anecdotes to tell. Not only about the early days of Bitcoin and how things have evolved and progressed, but also personal stories about big successes, painful setbacks, and how he and his team navigate this emerging phenomenon and bring value to others.
Today, David and his stellar team of hardcore bitcoiners are hitting their stride, pumping out a ton of unique content, and helping to facilitate the convergence and celebration of the culture emerging around bitcoin.
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Follow David:
Twitter: @DavidFBailey
Website: b.tc
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io

Nov 11, 2021 • 2h 26min
#09 - Adam Curry: Can't Stop the Signal
Today's guest is legendary broadcaster turned podcaster Adam Curry.
Adam has had an extremely rich, unique, and interesting career in media.
What began as pirate radio in Europe during his teens led to becoming a popular MTV VJ as well as several entrepreneurial ventures in the early days of the internet. Later on, he was one of the first to use and popularize the new medium of podcasting, defining in part what podcasting is and how it is best understood.
Since that time, Adam has been a strong advocate for the value for value model of content publishing, whereby fans and listeners contribute what they believe the content is worth, rather than relying on potentially censorious advertisers.
Most recently, these efforts have been made far more frictionless than ever before, with the advent of bitcoin's lightning network, and Adam has been instrumental in popularizing - and contributing to the development of - the possibilities for immediate and virtually free streaming payments.
As a result, Adam has once again become one of the primary forces in pushing a new publishing and communications model forward, which prioritizes freedom of expression, and fosters a more direct and honest relationship between creator and audience.
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Follow Adam:
Mastodon: @adam
Twitter: @adamcurry
Podcast Index: podcastindex.org
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io

Oct 25, 2021 • 1h 39min
#08 - Preston Pysh: A Once in a Millennium Opportunity
Today's guest is Preston Pysh, co-creator of The Investor's Podcast Network, one of the top global podcast brands for financial education.
While his podcast network covers the goings-on in finance, investing, and economics broadly, Preston has more recently focused exclusively on Bitcoin. He is now hosting a weekly discussion with the top entrepreneurs, authors, and investors in this rapidly growing ecosystem.
Preston is highly respected amongst his peers for his thoughtful, articulate, and insightful takes on the complex dynamics of the global economy and investing landscape and the impact that the emergence of bitcoin is having on them.
Preston and John have spoken on a number of occasions, and it's always a pleasure to catch up with him, to hear how he is currently thinking about things and what is currently captivating him most.
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Follow Preston:
Twitter: @PrestonPysh
Website: theinvestorspodcast.com
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io

Oct 12, 2021 • 1h 50min
#07 - Dhruv Bansal: Bitcoin-Native Financial Services w/ Unchained Capital
Today's guest is Dhruv Bansal, co-founder and CSO at Unchained Capital. Unchained is a bitcoin-native financial services company that builds products to help individuals and organizations to better custody and hodl their bitcoin.
Crucial to this is their focus on collaborative custody using multisig, which allows them to offer robust key management solutions, transparent bitcoin collateralized loans, retirement and inheritance planning, and likely much more in the future.
Unchained has built a great open-source tool called Caravan, which not only supports their product offering but makes valuable new ways of managing and using bitcoin available to everyone.
Dhruv is also a highly-regarded author in the bitcoin space, having written a fascinating 3-part series called Bitcoin Astronomy, which we explored in some capacity in this conversation.
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Follow Dhruv & Unchained:
Twitter: @dhruvbansal & @unchainedcap
Website: unchained.com
Follow John & Seetee:
Twitter: @johnkvallis & @Seetee_io
Website: seetee.io
Use Podcasting 2.0:
Breez.Technology
NewPodcastingApps.com
Value4Value.io