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

August 23, 2018 • 00:24:29
Episode Cover

CryptoQuikRead_137 - Half of the Remaining Bitcoin Supply is 'Spoken For'

"At least 99M People intend to own crypto, but don’t yet." @RyanRadloff A fun exploration by Ryan Radloff on the different demographics who intend...

Listen

Episode

July 13, 2023 • 01:13:21
Episode Cover

Read_748 - Bitcoin & the Rise of the Cypherpunks [Lopp]

"While many of the innovations in the space are new, they’re built on decades of work that led to this point. By tracing this...

Listen

Episode

December 05, 2018 • 00:46:32
Episode Cover

CryptoQuikRead_196 - Understanding the Technical Side of Bitcoin [Pierre Rochard]

Curious about where to start or what to possibly focus on when learning Bitcoin, Lightning, and the fundamentals of the most important tools in...

Listen