
Show Notes
What actually IS cryptocurrency?
In this episode we sit down with a crypto expert from Cryptocurrency NZ to break down how Bitcoin works, why people mine crypto, and whether it's actually the future of money.
We talk about: • What cryptocurrency actually is • How Bitcoin mining works • Why people lose access to their crypto wallets • Paying rent using cryptocurrency • Why New Zealand might be falling behind in crypto regulation
If you've ever been confused about Bitcoin or blockchain, this conversation explains it in plain English.
Recorded at Red Nine Studios in Christchurch.
Subscribe for more conversations with interesting people in business, sport and culture.
CHAPTERS
00:00 Crypto teaser 00:30 What does Cryptocurrency NZ do? 01:13 Why crypto has a bad reputation 02:39 What cryptocurrency actually is 03:40 Who decides Bitcoin’s value? 05:18 What Bitcoin miners are really doing 08:08 Why Bitcoin mining is basically a game 09:40 How crypto became popular 12:43 Lending and borrowing with crypto 13:22 Biggest misconceptions about crypto 15:59 Paying rent with crypto 18:08 Why NZ is behind on crypto 22:42 Using crypto in a murder trial 24:22 Recovering lost crypto wallets 25:34 Leaving a job to start a business 28:30 Advice for starting a business 29:46 Should businesses accept crypto? 30:56 Advice for people thinking about Bitcoin Hosted on Acast. See acast.com/privacy for more information.
More from Recorded At Red Nine
Brought to you by Plato, the full-service marketing agency that drives real business performance. Connect with the team: https://platocreative.co.nz/ Stacey Banfield left school at 16 to work on the Chanel counter at Ballantynes. Today she runs a team of 12 artists under the SB Collective, is booked two years ahead for weddings, and has never spent a dollar on advertising. She also put her life savings into launching her own product brand, Soleil & Soul Beauty. Andy and Stacey cover how weekend freelance work outgrew her counter wage, and the accountant exercise that showed she was sending $30,000 of work a year to other artists and getting almost no thanks for it. They talk about why she hires for people skills over makeup skills, how she handles wedding-morning drama, and why chasing follower counts doesn’t matter when word of mouth fills the book. She also explains the gap she saw in the market for brush cleansers, the NZ-native ingredient Totarol, and getting stocked back where she started.
Brought to you by Plato, the full-service marketing agency that drives real business performance. Connect with the team: https://platocreative.co.nz/ Margo Flanagan is co-founder and head of product at Two Raw Sisters, the recipe app and cookbook brand she runs with her sister Rosa. What began as two sisters finding their way back to good food after their own health journeys has become a household name: six cookbooks, an app built around swapping in whatever’s in your fridge, and an audience that’s 70% aged 50 and over. Margo and Andy cover how the business grew from a first cookbook that publishers expected to sell 400 copies (it sold 800 in the first hour), why they refuse to put macro breakdowns on recipes, and the “intelligently lazy” system of twenty minutes on a Sunday. Margo also explains how they’ve pivoted from cooking school to catering to web app to mobile app, why failing fast has been central to their success, and why they’ve deliberately chosen a manageable business over chasing $100 million. Plus her advice for any founder: find your North Star and say no to anything that doesn’t fit, even a $20,000 deal. Thanks again to Plato, helping ambitious brands and businesses scale faster through strategic full-service marketing. Find out how they can help you grow: https://platocreative.co.nz/ Recorded at Red Nine | businesses building Canterbury Hosted on Acast. See acast.com/privacy for more information.
This episode is brought to you by Plato, the full-service marketing agency that drives real business performance. Connect with the team: https://platocreative.co.nz/ Business Canterbury has backed local businesses since 1859, and Chief Executive Leeann Watson says the region is doing better than most of the country right now. Andy sits down with Leeann to unpack what Business Canterbury actually does. That covers HR advice lines and training, the Canterbury Trusted endorsement, and lobbying Wellington on the things that hurt small businesses, like a provisional tax date in the middle of January. They get into why Canterbury is outperforming the other main centres: $13.1 million from one Super Round weekend at the new stadium, record university enrolments, and 43,000 people moving south since 2018. Leeann also explains Canterbury Ambition, a private-sector-led plan that brings 11 local authorities together around one ask of government. She shares how she protects time to work on the business rather than in it, and gives honest advice for anyone in their first couple of years of running a business. Find out more at businesscanterbury.co.nz or call 0800 50 50 96. Plato helps ambitious brands and businesses scale faster through strategic full-service marketing. Find out how they can help you grow: https://platocreative.co.nz/ Hosted on Acast. See acast.com/privacy for more information.
Caroline Harvie-Teare is Chief Executive of Venues Ōtautahi, the council-owned organisation that runs One New Zealand Stadium, Christchurch Town Hall, Wolfbrook Arena, Hagley Oval and events at the Air Force Museum.
Christchurch has a space plane, a CAR-T cancer therapy hub and the world's best pumpkin brushes — and most of us had no idea. Ali Adams, CEO of ChristchurchNZ, on the four sectors the city is betting on, why aerospace companies choose Kaitorete Spit, and the crisis nearly every founder-led business runs into.