The Honest Money Show

Is Bitcoin's energy use a problem to solve or the very thing that makes it valuable, and what happens when Bitcoin and AI start competing for the same power?

Michael Dunworth, entrepreneur and longtime Bitcoin builder, joins Honest Money for a wide ranging conversation on energy, transparency, and the future of money. From the proof of reserves debate to the looming competition between Bitcoin mining and AI data centres, Michael offers a candid and unfiltered take on the challenges and opportunities shaping the industry today.

This conversation explores why proving ownership matters, what real leadership...

What can decades of energy market experience teach us about Bitcoin's value, its price movements, and the global financial reset already underway?

Gary Cardone, entrepreneur and veteran of the global energy markets, joins Honest Money to share his bold perspective on how energy economics, macroeconomic shifts, and industry dynamics shape Bitcoin's adaptability and long term value. From supply elasticity to whale behaviour, Gary draws sharp parallels between the markets he knows intimately and the emerging world of Bitcoin.

This conversation explores the mental game of investing, the discipline required to navigate volatility, and why Gary...

What do Australia's latest Bitcoin regulations mean for your privacy, your self custody, and the future of financial sovereignty?

Daniel Wilczynski, Chairman of the Australian Bitcoin Industry Body (ABIB), joins Honest Money to break down the regulatory developments shaping Bitcoin in Australia. From the travel rule and ASIC licensing to the realities of debanking, Daniel explains what these changes mean for everyday Bitcoiners and the exchanges that serve them.

This conversation explores the tension between compliance and privacy, the resilience required to build a Bitcoin business in a hostile banking environment, and how custody solutions...

What does it take to build a Bitcoin business, grow an audience, and stay committed through years of uncertainty?

Robin Seyr joins Honest Money to share his journey from aspiring creator to one of Bitcoin’s most recognisable podcasters. From overcoming imposter syndrome and navigating bear markets to launching innovative self custody products, Robin explains the lessons he's learned while building a business around Bitcoin.

This conversation explores the realities of content creation, the importance of persistence, and why self custody remains one of the most important responsibilities for every Bitcoiner.

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Ro...

What happens when the world’s most important monetary network faces internal conflict over incentives, governance, and control?

Jimmy Song joins Honest Money to break down the technical, economic, and philosophical debates shaping Bitcoin’s future. From developer incentives and spam attacks to governance disputes and quantum computing risks, this episode explores the deeper structural challenges facing Bitcoin today.

Jimmy explains why Bitcoin development is far more political and incentive driven than most people realise, and why understanding governance matters for anyone serious about long term Bitcoin adoption.

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Jimmy Song and...

This is the missing final segment from “How The Australian Budget Punishes Aspiration” featuring Peter Dunworth.

Due to a file corruption issue during export, the final portion of the original recording was not included in the published episode. This segment has now been recovered and restored to complete the full conversation as intended.

In these final 12 minutes, Peter and Anja continue and conclude their discussion on the Australian federal budget and its broader implications for wealth, property, taxation, and Bitcoin in Australia. The conversation brings together the key themes explored throughout the episode, focusing on ince...

What happens when a Hollywood producer discovers Bitcoin and begins questioning the foundations of money itself?

Terence Michael joins the show to discuss his journey from the entertainment industry into Bitcoin, exploring how monetary history, inflation, and the collapse of sound money systems have reshaped modern life. From the significance of 1971 to the future of financial sovereignty, Terence explains why Bitcoin may represent a fundamental shift in how people save, think, and live.

In this episode of The Honest Money Show, Anja sits down with Terence to unpack the hidden effects of fiat money, the...

What happens when a government budget changes the incentives of an entire country?

Peter Dunworth joins Honest Money to break down the latest Australian budget and what it reveals about wealth, property, taxation, and Bitcoin in Australia. Beneath the headlines are deeper questions about incentives, ownership, debt, and the long-term sustainability of the system itself.

Peter explains why many Australians are underestimating the consequences of rising intervention, shifting tax policies, and increasing pressure on productive individuals and businesses. The conversation explores how these policies affect property markets, entrepreneurship, wealth creation, and personal sovereignty.

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Why does it seem like almost nobody agrees on the answer?

Knut Svanholm breaks down why our understanding of money collapses under scrutiny, and what that reveals about one of the most misunderstood topics in economics: money itself.

Depending on how you look at it, today’s monetary system is either something most people rarely question or something fundamentally broken at its core.

Knut shares how his unconventional background in shipping and military service led him to question systems, incentives, and authority, eventually guiding him toward a deeper understanding of money, value, and sc...

What is driving the rise of grassroots Bitcoin communities?

In this episode of The Honest Money Show, we sit down with Tim (Wiz) to explore the emergence of Australia’s grassroots Bitcoin movement, the philosophy behind Bush Bash, and why real-world connection is becoming essential in a digital monetary revolution.

Tim shares how his journey from IT into Bitcoin led him to help foster decentralised, community-led gatherings across Australia, strengthening education, trust, and local economies.

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Wiz explains how Bush Bash began as a simple, volunteer-driven initiative during COVID restrictions and evo...

What is actually happening to money right now?

In this episode of The Honest Money Show, we sit down with Jeff Booth to explore the fundamental principles of free markets, the nature of Bitcoin as a protocol, and the accelerating shift from centralisation to decentralisation.

Jeff breaks down how deflation is the natural state of free markets, why traditional monetary systems are under pressure, and how technologies like AI and Bitcoin are reshaping our understanding of value, agency, and the future of money.

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Jeff explains why the existing financial syste...

What does a real Bitcoin economy actually look like?

In this episode of The Honest Money Show, we sit down with Nell Hunter from Bitcoin Basin in New Zealand to explore how local communities are beginning to use Bitcoin in everyday life. From merchant adoption to education and trust, this conversation focuses on the practical realities of building a circular Bitcoin economy.

Nell shares her journey into Bitcoin, the role of community in driving adoption, and why sovereignty, family, and relationships are central to the future of money.

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Nell expla...

What does it take to truly secure your financial future in today’s system?

In this episode of The Honest Money Show, we sit down with Zane Truscott to explore his journey into Bitcoin and why he believes it offers a solution to the financial challenges facing Australians today. From inflation and retirement concerns to decentralisation and financial sovereignty, this conversation blends foundational knowledge with real-world application.

Zane shares how discovering Bitcoin in 2018 reshaped his understanding of money, the impact of the GFC on his financial perspective, and why education is critical for long-term success.

What does it really mean to take control of your wealth?

In this episode of The Honest Money Show, Anja Dragovic sits down with Matthew Fraser to explore Bitcoin as a tool for financial sovereignty. From self custody and security to navigating Australia’s complex tax system, this conversation blends philosophy with practical strategies for protecting and growing wealth.

Anja Dragovic and Matthew Fraser share their personal journeys into Bitcoin, the lessons learned through market cycles, and why more investors are looking to dematerialise their assets into Bitcoin.

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Anja Dragovi...

What happens when money changes how we experience time?

Scott Dedels joins the show to explore Bitcoin not just as a financial innovation, but as a force that reshapes our understanding of time, value, and civilisation. Drawing from his personal journey and philosophical insights, Scott explains how Bitcoin’s unique properties challenge modern assumptions about money and the way we live.

In this episode of The Honest Money Show, Anja sits down with Scott to unpack the deeper implications of Bitcoin, from its durability as an asset to its role in shaping long term thinking an...

What can data tell us about the future of Bitcoin adoption?

Fernando Nikolic, founder of Perception, joins the show to discuss how data intelligence and sentiment analysis are helping decode the rapidly evolving Bitcoin ecosystem. From community narratives to institutional infrastructure, Fernando explains how analysing industry trends and behaviour can reveal where Bitcoin adoption may be heading.

In this episode of The Honest Money Show, Anja sits down with Fernando to explore the fragmented nature of Bitcoin adoption, how marketing and culture shape perception, and why niche communities may be key to the next phase...

What happens when a seasoned equities investor takes a serious look at Bitcoin?

Scott Phillips, CIO at Motley Fool, shares his journey from skepticism to cautious investment, what influences his thinking, and what still gives him pause. He approaches Bitcoin through probability, market psychology, and adoption trends rather than blind conviction.

In this episode of The Honest Money Show, Anja sits down with Scott to explore Bitcoin as an emerging asset class, the role of adoption, and the technology behind it. They discuss the passionate Bitcoin community, how it compares to traditional investments, and why...

Running a Bitcoin node lets you verify transactions independently, protect your data, and stay free from Big Tech and banks.

K3tan explains how nodes empower you to take control of your financial and digital life. Self-custody is the essential first step, and practical privacy tools like VPNs and password managers are crucial in today’s centralised world.

In this episode of The Honest Money Show, Anja sits down with K3tan of the Ministry of Nodes to explore decentralisation, privacy, and Bitcoin education. They also discuss the cypherpunk movement, Big Tech’s influence on priv...

What is monetary debasement and why do so few people recognise it?

In this episode of The Honest Money Show, Anja sits down with Ben Gazal to explore his journey into Bitcoin during the 2022 bear market and why education is central to financial empowerment.

Ben shares how discovering Bitcoin reshaped his understanding of money and the modern financial system. The conversation examines how monetary debasement affects everyday Australians, why simple and relatable education matters, and how community engagement strengthens long term conviction.

Together, they discuss market sentiment, common misconceptions about Bitcoin, and why...

How much Bitcoin is actually enough to achieve financial freedom? That question sits at the centre of this episode as Rajat Soni joins The Honest Money Show to explore what it really takes for individuals and couples to build lasting wealth.

Rajat shares his journey from traditional finance into Bitcoin education, explaining how discovering Bitcoin reshaped his understanding of money, savings, and long-term planning. The conversation breaks down practical strategies for accumulating Bitcoin, balancing debt and investing, and focusing on consistent habits that compound over time.

Together, Anja and Rajat discuss the mindset required to...

Gold and silver are surging as investors respond to the growing debasement of global currencies, rising sovereign debt, and persistent inflation.

James Lavish joins The Honest Money Show to break down what he calls the “debasement trade”, not a short-term bet, but a long-term position against the weakening purchasing power of the dollar. The conversation explores why governments are trapped in debt cycles, how inflation spreads through the economy, and why wealth disparity continues to widen into a K-shaped recovery.

James also shares his outlook on Bitcoin as a long-term hedge in an unstable financial syst...

Most people don’t fail Bitcoin because they sell too early. They fail because they never had conviction in the first place.

British Hodl explains why last year was the real stress test separating tourists from true holders, why sentiment is always darkest before adoption accelerates, and why becoming a whole coiner is more psychological than financial.

This is a conversation about volatility, belief, holding through noise, and why Bitcoin forces you to think in decades not months.

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British Hodl joins Anja to break down what drives Bitcoin sentiment, why soc...

Many Australians are rethinking entrepreneurship, housing, and long-term opportunity in today’s economic and political environment.

Adam Hudson, Australian entrepreneur and Bitcoiner, joins The Honest Money Show to discuss his 30+ years of experience in business, his journey into Bitcoin, and why he believes Bitcoin represents both an economic breakthrough and a moral choice.

The conversation explores housing affordability, government policy, democracy, and the responsibility individuals have to educate themselves and engage in political discourse. Rather than focusing on price or speculation, the episode approaches Bitcoin as a framework for long-term thinking, personal agency, and navigating un...

Many millennials are rethinking money, housing, and long-term security in today’s economic environment.

Bram Kanstein, host of Bitcoin for Millennials, joins The Honest Money Show to discuss how money has evolved, why traditional paths to wealth feel increasingly uncertain, and how Bitcoin is reshaping conversations around value, scarcity, and personal agency.

The conversation explores generational shifts in financial thinking, the psychology of money, and the role of housing in long-term planning. Rather than focusing on price or speculation, the episode approaches Bitcoin as a framework for understanding incentives, responsibility, and long-term decision-making.

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Money doesn’t just affect prices — it quietly reshapes relationships, family decisions, work, and culture.

Seb Bunney explains how today’s money distorts incentives across everyday life, why those distortions show up in dating, community, and identity, and how Bitcoin offers a clearer framework for understanding value, responsibility, and long-term thinking.

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Anja and Seb explore how money shapes behaviour from childhood through adulthood, influencing family dynamics, relationships, work, and culture. They discuss how distorted monetary systems lead to misaligned incentives, how abstraction enables scams and disconnection, and why teaching money honestly — especially to...

🎙️ Honest Money’s Weekly Bitcoin Brief

Bitcoin in 2025 looked very different to previous market cycles. In this episode, Anja breaks down how Bitcoin continued to mature as global financial infrastructure, often quietly and away from market headlines, and why Australia played a more meaningful role in the Bitcoin conversation this year than many realised.

This Bitcoin Brief covers Australia’s evolving Bitcoin regulation, the launch of Bitcoin-collateralised loan products, growing institutional investment, and why long-term holder behaviour remains one of the most important signals in the market. Despite relatively flat price action, significant progress continued across fi...

🎙️ Welcome to Episode 20 of The Honest Money Show

In this episode, Anja is joined by Paul Musson, a finance veteran with over 30 years of experience, to explore the flaws in traditional finance, wealth disparity, and the role of monetary policy in shaping the modern economy. The conversation delves into the housing market, the difference between capital and money, and how current economic policies have contributed to wealth inequality.

Paul emphasises the importance of awakening to economic realities and making informed decisions while advocating for a fairer financial system. He also highlights the need for empathy and u...

🎙️ Welcome to Episode 20 of The Honest Money Show

In this episode, Anja is joined by Paul Musson, a finance veteran with over 30 years of experience, to explore the flaws in traditional finance, wealth disparity, and the role of monetary policy in shaping the modern economy. The conversation delves into the housing market, the difference between capital and money, and how current economic policies have contributed to wealth inequality.

Paul emphasises the importance of awakening to economic realities and making informed decisions while advocating for a fairer financial system. He also highlights the need for empathy and u...

🎙️ Welcome to Episode 19 of The Honest Money Show

In this episode, Anja is joined by Philipp, Co-Founder and CEO of Satora (Ex-Lendasat), to explore the growing world of Bitcoin backed loans and what it really means to borrow against your Bitcoin without selling it. The conversation centres on Lendasat (now Satora), a Bitcoin lending marketplace that connects borrowers and lenders without traditional intermediaries or KYC requirements.

Philipp breaks down the fundamentals of Bitcoin backed lending, including how collateral works, why loan-to-value (LTV) ratios are critical, and how interest rates are determined in today’s market. Togethe...

🎙️ Welcome to Episode 18 of The Honest Money Show

In this episode, Anja is joined by Dale Warburton, host of the Why Bitcoin Show and author of No Tenants, No Troubles. Dale makes a compelling case for why Bitcoin may be a superior long-term investment compared to real estate, particularly in the context of Australia’s increasingly unaffordable and policy-driven property market.

Dale unpacks the core thesis of his book, which challenges conventional wisdom around property investment and highlights the hidden risks of tenants, leverage, maintenance, regulation, and government intervention. He explains why property is a protect...

🎙️ Welcome to Episode 17 of The Honest Money Show

In this episode, Anja sits down with Mike Beatty, former PE teacher, Bitcoin educator, and creator of the YouTube channel Bitcoin Straight Up. Mike shares his unique journey from Bitcoin sceptic to passionate advocate, breaking down how curiosity, research, and a desire to help friends and family understand Bitcoin eventually led him into full-time education.

Together, Anja and Mike explore why decentralisation sits at the heart of Bitcoin’s security, the risks and misconceptions that still surround the protocol, and why understanding how Bitcoin works is essential for wid...

🎙️ Welcome to Episode 16 of The Honest Money Show

In this episode, Anja sits down with El the Freedom Fairy, a Gen Z Bitcoiner and a passionate advocate for personal liberty and decentralised empowerment. Together, they explore the dangers of political radicalisation on both the right and the left, and how both extremes ultimately lead to increased state control and a loss of personal freedoms.

El breaks down why radicalisation is so harmful, how it divides society, and why neither political extreme provides a genuine path to autonomy. She argues for the need to forge a new m...

🎙️ Welcome to Episode 15 of The Honest Money Show

In this episode, Anja sits down with economist, author, and educator Robert P. Murphy, one of the leading contemporary voices in Austrian economics. Together, they explore the foundations of Austrian economic thought, how it contrasts with Keynesian economics, and what these differing worldviews mean for the financial system we live in today.

Robert breaks down the Austrian perspective on business cycles, market pricing, and the dangers of central planning, explaining why many Austrian economists argue that government intervention often amplifies economic instability rather than fixing it. The conve...

🎙️ Welcome to Episode 14 of The Honest Money Show

In this episode, Anja sits down with Katie Ananina, founder of Plan B and now CMO of CitizenX, widely known as Katie the Russian. Katie shares her remarkable journey from growing up in Russia to becoming a leading voice in the second-citizenship, Bitcoin, and investment-migration space.

They explore why second citizenship has become a powerful tool for those seeking optionality in an increasingly unpredictable world. Katie dives into the realities of geopolitical unrest, how immigration policies are shifting, and why more people, especially Bitcoiners, are turning to alter...

🎙️ Welcome to Episode 13 of The Honest Money Show

In this episode, Anja sits down with James Check, a Bitcoin Analyst specialising in on-chain analytics and market insights. They explore how Bitcoin dipping below $100K has become a psychological marker for investors, and the ongoing shift from old money to new money in the market.

James dives into the dynamics of institutional adoption, high net worth participation, and the changing role of retail investors. The conversation highlights the human decisions, emotional extremes, and strategic thinking that shape Bitcoin’s journey, from long-term holders to the current market...

🎙️ Welcome to Episode 12 of The Honest Money Show

In this episode, Anja sits down with Jonas Benner, a quant at AMP, who played a pivotal role in helping the financial giant allocate Bitcoin futures to its portfolio. They dive deep into Bitcoin’s growing legitimacy as an institutional asset and what it takes to introduce such a bold idea within traditional finance.

Jonas shares how his fascination with the history of money laid the foundation for understanding Bitcoin’s value as a bearer asset and its potential as a medium of exchange. From gold to fiat to d...

🎙️ Welcome to Episode 11 of The Honest Money Show

In this episode, Anja sits down with Steve Orenstein, CEO of Locate Technologies, the first ASX-listed company to integrate Bitcoin into its treasury. They explore the bold decision to hold Bitcoin on the company’s balance sheet, the strategic reasoning behind it, and what it means for corporate adoption going forward.

Steve shares the real-world implications of navigating the regulatory landscape in both Australia and New Zealand, how the pandemic accelerated demand for logistics services, and why understanding the fundamentals of money is critical in a rapidly changin...

🎙️ Welcome to Episode 10 of The Honest Money Show

In this episode, Anja is joined by Brad Rettler, philosopher, educator, and co-author of Resistance Money. Together, they dive into Bitcoin’s role as more than just a currency: a tool for resistance, a safeguard for human rights, and a foundation for a fairer, more stable economic future.

This wide-ranging conversation explores how Bitcoin challenges entrenched financial systems and empowers individuals, especially those living under oppressive regimes, to reclaim financial sovereignty. Brad brings an academic lens to the discussion, unpacking how education, critical thinking, and open dialogue can hel...

🎙️ Welcome to Episode 9 of The Honest Money Show

In this episode, Anja is joined by Carri C, co-founder of Bitcoin Treasury Solutions, a company dedicated to helping businesses understand and integrate Bitcoin through hands-on, interactive workshops. Together, they explore the risks tied to traditional investments like cash, property, and gold, while highlighting Bitcoin’s role as a hedge against inflation and a tool for long-term financial sovereignty.

This conversation focuses on education over hype. Carri shares lessons from the frontlines of Bitcoin workshops, where participants often experience a powerful shift in perspective, realising how inflation erodes...

🎙️ Welcome to Episode 8 of The Honest Money Show

In this episode, Anja is joined by Andrew, a long-time Bitcoiner whose journey began with scepticism and evolved into deep conviction. With a background shaped by traditional investment thinking, Andrew brings a thoughtful and grounded perspective on what it means to build long-term conviction in Bitcoin, especially in a world of fiat uncertainty and shifting economic narratives.

They discuss the emotional and strategic side of investing in Bitcoin, including Andrew's use of the power law and quantile model to model future price potential, the importance of understanding your...