UWA126-Bobby Gray creator of the Bitcoin "coin" & American Open Currency Std. - Unwoke.Academy

Jonathan Broadbent hosts Bobby Gray on Unwoke.Academy to discuss cryptocurrency and alternative currencies. Bobby Gray shares his background in creating alternative currencies, starting with the American Open Currency Standard in 2008, manufacturing physical gold, silver, and copper coins.


Bobby explains how he testified before the U.S. Domestic Monetary Policy Subcommittee in 2012 regarding parallel currencies. He draws parallels between his work and Bitcoin's creation, noting that while he focused on physical currency, Satoshi Nakamoto went digital.


Bobby discusses the evolution of his approach, explaining how he transitioned from physical to digital currency with the creation of TEXitcoin. He emphasizes the importance of adapting to younger generations who are more comfortable with digital transactions through platforms like Venmo and Cash App.


The conversation delves into the technical aspects of cryptocurrency, including cold storage solutions, mining operations, and the importance of maintaining independence from traditional banking institutions. Bobby explains his innovative approach to cryptocurrency mining in Texas, using immersion cooling technology and creating a permission blockchain to prevent foreign interference.


Bobby emphasizes that TEXitcoin aims to fulfill cryptocurrency's original promise of being a decentralized, peer-to-peer currency, focusing on community-based transactions and maintaining independence from large financial institutions. He reveals that TEXitcoin currently has about 36 million coins in circulation, with a total planned supply of 353 million coins over 137 years.

Categories: Money

Starring: Jonathan Broadbent