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

November 05, 2021 00:39:48
Episode Cover

Read_575 - Wonder if Bitcoin is Alien Technology? [Tomer Strolight]

“I wish people engineered things to be self-replicating, self adjusting, self-governing, and ever-lasting. But nobody has engineered anything to do even one of these,...

Listen

Episode

February 08, 2019 01:16:36
Episode Cover

The Human Threat Model [JW Weatherman]

"The human threat model is intended to help humans better understand the threats to that they face and the tools available, and in active...

Listen

Episode

November 23, 2025 00:59:30
Episode Cover

Read_916 - The Thermodynamic Monetary Transition

"This analysis has demonstrated through 30 universal laws, empirically validated across 16 years and $1.83 trillion in market capitalization, that Bitcoin represents a genuine...

Listen