Read_467 - Bitcoin Doesn't Rely on Utilities [Rollo McFloogle]

December 02, 2020 00:46:58
Read_467 - Bitcoin Doesn't Rely on Utilities [Rollo McFloogle]
Bitcoin Audible
Read_467 - Bitcoin Doesn't Rely on Utilities [Rollo McFloogle]

Dec 02 2020 | 00:46:58

/

Hosted By

Guy Swann

Show Notes

"But there is something even more interesting that happens with mining and electricity. Not only does Bitcoin mining add revenue to existing locations of energy production, but it also makes other previously unprofitable energy sources profitable." - Rollo McFloogle

A Guest post from both a patron to the show and host of the Rollo & Slappy Show, we dive into a Bitcoin Magazine piece by Rollo McFloogle. Often when you talk about Bitcoin as a future money, people attack back with the claim that it "doesn't work without electricity!" This is obviously true, but exactly how much should this matter to us, and what is the risk to the Bitcoin network really? Maybe they are just an idiot, like Grum... hear all about it in today's article, "Bitcoin Does Not Rely on Utilities."

Full article and other great stuff at Bitcoin Magazine:
https://bitcoinmagazine.com/articles/you-dont-have-to-worry-about-bitcoins-reliance-on-utilities

Thank you sponsors!
Hexa Wallet - Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)

The Cosmic Deep Dive Course! 21% off with code "guyswann"! This is not a sponsorship, but just a great way to learn about Bitcoin from incredibly knowledgable people in this space.

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

January 31, 2020 00:27:42
Episode Cover

CryptoQuikRead_347 - Strike! By Zap [Jack Mallers]

An exciting development form the extraordinary team over at Zap and the Mallers Fam! The seed of the infrastructure inversion has landed, and its'...

Listen

Episode

November 14, 2018 00:18:38
Episode Cover

CryptoQuikRead_185 - Sorry Bitcoin is Still Anarchist [Zack Voell]

"Government involvement is usually limited to mediating the clash between incumbents and innovators. Rarely is government the incumbent." -Zack Voell Think Bitcoin is apolitical?...

Listen

Episode

April 28, 2022 00:48:01
Episode Cover

Read_622 - Silent Payments & Secret Blinding Keys [Shinobi]

"One issue with Bitcoin’s privacy, the ability to receive funds without giving up valuable information, is addressed with 'silent payments.'" - Shinobi Today we...

Listen