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

September 03, 2022 00:26:31
Episode Cover

Read_649 - The Continual Power of Intermittent Mining [Zack Voell]

"Many aspects of the Bitcoin mining industry are poorly understood and often misrepresented. But one practice in this sector stands apart for the misunderstandings...

Listen

Episode

November 20, 2019 01:08:52
Episode Cover

CryptoQuikRead_321 - Bitcoin is Not Too Slow [Parker Lewis]

The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital.  What is the real problem that Bitcoin...

Listen

Episode

November 04, 2025 01:03:52
Episode Cover

Read_912 - Bitcoin's Silent IPO

"They’re passing the torch. And the torch is being received by entities who care less about ideology and more about returns. BlackRock doesn’t care...

Listen