418: The Bitcoin Redo: TEXITcoin, NectarPay, and the Fight for Real Money with guest speaker Bobby Gray from TEXITcoin

 EPISODE DESCRIPTION I sat down with Bobby from TEXITcoin, a man who has been manufacturing gold and silver coins since 2008, created the original physical Bitcoin coin in 2012, and testified before US Congress on crypto before most people had ever heard of it. In this episode, Bobby shares why he believes Bitcoin lost its original mission as peer-to-peer digital cash and became digital gold instead, and what he is doing about it. We dig into how he crowdfunded a community mining operation in his Texas garage, how TEXITcoin became the tenth largest Litecoin and Doge miner on the planet through merge mining, and why he is now building NectarPay, a zero-fee payment terminal network to get crypto accepted at real businesses. We also get into the big picture: the US dollar at 40 trillion in debt, Keynesian versus Austrian economics, Bitcoin retail adoption at a nine-year low, and what a Texas state securities case means for the future of TEXITcoin. This is one of the most grounded, no-nonsense conversations I have had about where honest money stands today and what it will take to get it into everyday hands. DISCLAIMERNothing mentioned in this podcast is investment advice and please do your own research. It would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us - https://www.web3pod.xyz/ CONNECT TEXITcoin Website: https://texitcoin.org/NectarPay: https://www.paymentsjournal.com/nectarpay-tests-demand-for-crypto-payments-among-texas-retailers/Twitter/X: https://x.com/texitcoinTEXITcoin news: https://www.fidelity.com/news/article/technology/202607291027PRIMZONEFULLFEED1001255026Mining network statistics: https://pool.honest.money/Legal case updates: https://texitcoin.org/legalWeb3 with Sam Kamani: https://www.web3pod.xyz KEY POINTS WITH TIMESTAMPS • [00:00] Sam introduces Bobby from TEXITcoin and the mission to build the next generation of Bitcoin• [01:46] Bobby explains TEXITcoin as a Bitcoin redo, returning to Satoshi's original vision of fast, cheap, peer-to-peer digital cash• [02:47] Why TEXITcoin chose proof-of-work and layer one: Bobby's background in gold and silver coins and the value of physical, tangible infrastructure• [06:29] Bitcoin has become digital gold, not money , and that gap is exactly why TEXITcoin exists• [08:15] The difference between scarcity and utility: why a coin only has value when people can trade it for things• [11:04] Keynesian versus Austrian economics and the deflationary money debate: why saving can drive a healthy economy• [15:40] How banks and institutions took over Bitcoin conferences by 2017 and what was lost along the way• [19:25] The community-funded mining network in Texas: how Bobby went from a garage in McKinney to becoming the tenth largest Litecoin and Doge miner on the planet• [24:22] What merge mining is and how TEXITcoin mines Doge and Litecoin simultaneously to pay its electric bill• [29:49] NectarPay explained: a zero-fee crypto payment terminal targeting small businesses across Texas and beyond• [33:39] Why physical terminals matter more than QR codes: profit incentive, merchant simplicity, and NFC wearable compatibility• [36:35] The US dollar at 40 trillion in debt, where it is heading, and what history tells us about currency transitions• [39:52] Bitcoin retail adoption is at a nine-year low and why that is the core reason TEXITcoin exists• [42:47] The Texas State Securities Board case: why TEXITcoin is fighting back and what the outcome could mean for crypto regulation• [40:26] Bobby's ask: support crypto-friendly businesses, grab TXC on the open market, and follow the court case outcome in September