Episode 31 - Coinscrum: Building a Bitcoin First Community for the Future

Sep 30, 10:48 AM

Episode image
In this episode of The Gage, we had the pleasure of hosting Nat Cole and Nick Duddy from Coinscrum, one of the oldest continually operating Bitcoin community in the world. We delved into the origin story of Coinscrum, which began in a pub in Paddington in 2012 as a casual gathering for individuals intrigued by Bitcoin. Over time, Coinscrum evolved into a hub where key figures in the Bitcoin and cryptocurrency space congregated, leading to significant developments such as the birth of Ethereum through network connections.

The conversation with Nat and Nick highlighted the evolution of the Bitcoin community over the years, emphasising the core focus on builders and the gradual reemergence of artists alongside institutional players. The importance of education within the community was underscored, with a commitment to conveying the fundamental aspects of Bitcoin before delving into other topics.

Overall, the episode provided a deep dive into the history, values, and future direction of Coinscrum, showcasing the community's commitment to education, diversity, and the foundational principles of Bitcoin. It was a fascinating exploration of one of the pioneering Bitcoin communities and the ongoing evolution of the cryptocurrency space.

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About Coinscrum
Founded in 2012, Coinscrum is one of the longest-running and largest Bitcoin and blockchain networking groups globally. They have hosted over 200 free events, showcasing some of the most innovative projects and influential personalities in the industry. Nick Duddy is the COO at Coinscrum and Nat Cole holds the position of Head of Events at Coinscrum. 

Time stamps

00:00:00 - Introduction to Coinscrum: Origin Story and Community Engagement
00:03:32 - Importance of Education in the Community
00:06:48 - Tenacity, Building, and Definition of Value
00:10:42 - Bitcoin's Role in Challenging Traditional Financial Systems
00:13:26 - Bitcoin's Impact on Financial Systems: Examples from El Salvador and Argentina
00:14:51 - Diversity of Conversations at Coinscrum
00:17:12 - Community Regulation and Structure at Coinscrum
00:17:37 - The Ethereum Flippening: Bitcoin vs Ethereum
00:19:32 - Bitcoin First Approach and Value Comparison
00:22:15 - Market Adoption and Pricing in Fiat vs. Bitcoin
00:23:17 - Importance of Language and Framing in Understanding Value
00:23:56 - Engaging with Coinscrum: Website, Social Media, and Online Community