
Big Upsides, Small Risks: The Value of Bitcoin Meetups | Ep. 013
From Local Bitcoiners by Reed & Rev Hodl
May 27, 2026 · 2h 21m
About this episode
Rev and Reed explore Bitcoin meetup culture, discussing its mechanics and risks while providing practical advice for selling Bitcoin at meetups.
Rev and Reed go guestless for a deep-dive into the mechanics of Bitcoin meetup culture, tackling circular economies (and the unsolved problem of creating payment splits on physical goods), "proof of reputation" as the social capital that makes local communities trustworthy, and a frank breakdown of OPSEC and wrench-attack risk that argues the upside of showing up vastly outweighs the low-probability downside. Rev then walks through his exact playbook for selling Bitcoin for cash at a meetup. The episode closes with an extended V4V segment covering the leaderboards, boosts, new localbitcoiners.com features, and shout-outs to a cohort of Nostr-native podcasts (YATA, The 49th Parallel & The Open Markets Podcast) building alongside the show. Reed's Meetup: westernmassbitcoin.com Rev's Meetup: South Bend Bitcoin Meetup: Meets the First Thursday of Every Month at Lang Lab 6:30pm Eastern Time Find the show on nostr: npub1cvcgs83gw6pcrhvtmlf8gdqaegx93qkznwry96jteqhh2cexgkfq45rtya Reed's npub: npub1xgyjasdztryl9sg6nfdm2wcj0j3qjs03sq7a0an32pg0lr5l6yaqxhgu7s Rev Hodl's npub: npub1f5pre6wl6ad87vr4hr5wppqq30sh58m4p33mthnjreh03qadcajs7gwt3z Do you run a meetup and want to talk about it with…
People in this episode
Hosts: Rev, Reed
Topics covered
- Bitcoin meetup culture
- circular economies
- proof of reputation
- OPSEC
- wrench-attack risk
- selling Bitcoin for cash
Keywords
- Bitcoin
- meetup
- circular economy
- OPSEC
- social capital
- payment splits
- wrench attack
- local communities
Mentioned in this episode
Organizations: Nostr, localbitcoiners.com
Places: South Bend, Lang Lab
More episodes of Local Bitcoiners
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- Permaculture for Bitcoin Culture w/Sourcenode: Greenville, SC | Ep. 014 · June 4, 2026 · 1h 56m
- Leveraging Social Capital in Charlotte & Peru: Charlotte, NC | Ep. 012 · May 21, 2026 · 2h 40m
- Attendee to Organizer to Conference Host: Portland, OR | Ep. 011 · May 13, 2026 · 1h 33m
- Evolution & Development of a Meetup: Niagara Canada | Ep. 010 · May 9, 2026 · 2h 18m
- Growing Slow Builds Strong Communities: KC Bitcoiners | Ep. 009 · May 2, 2026 · 2h 15m
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