Read_532 - The Humanitarian & Environmental Case for Bitcoin [Alex Gladstein]

June 02, 2021 00:43:51
Read_532 - The Humanitarian & Environmental Case for Bitcoin [Alex Gladstein]
Bitcoin Audible
Read_532 - The Humanitarian & Environmental Case for Bitcoin [Alex Gladstein]

Jun 02 2021 | 00:43:51

/

Hosted By

Guy Swann

Show Notes

"If there is ever competition for the energy that the Bitcoin miners are buying, the miners turn off their machines, perhaps to turn them back on later in a real-time response to grid loads. This relationship is poorly understood by many, leading to a popular but incorrect assumption that Bitcoin is “wasting” energy that could be used for other projects." - Alex Gladstein

Another amazing piece from Gladstein, this time breaking down the incentives and elements of Bitcoin and Bitcoin mining that has the potential to transform the developing world's capacity for capital accumulation, sustainable economic activity, & bootstrapping of renewable energy production and expansion of the much needed electrification. Don't miss this piece!

Check out the original and Gladstein’s other incredible work below:
https://bitcoinmagazine.com/culture/bitcoin-is-humanitarian-and-environmental

A big thanks to BitcoinMagazine and the LTBNetwork for the invaluable & dedicated resource they have been to the Bitcoin community for so many years.

And a shout out to our amazing sponsors to the show:
ShiftCrypto with the BitBox02 hardware wallet for sovereignty, simplicity, & security of your Bitcoin keys. Get 5% off with discount code "GUY"
SwanBitcoin.com for your automatic, no hassle, & low cost Bitcoin savings plan. Set it once and it never stops stacking for your future self! $10 free sats for signing up at my ref link.

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

Other Episodes

Episode

February 06, 2021 01:03:29
Episode Cover

Read_492 - What I Really Think of Bitcoin [Ray Dalio]

"I believe Bitcoin is one hell of an invention. To have invented a new type of money via a system that is programmed into...

Listen

Episode

December 01, 2020 01:40:50
Episode Cover

Chat #53 - Bitcoin Security in the Age of Surveillance with Douglas Bakkum

Had an excellent chat with the CEO of ShiftCrypto yesterday all about building Bitcoin hardware, the security trade offs, and creating secure tools for...

Listen

Episode

October 14, 2022 00:57:09
Episode Cover

Guy's Take #60 - Digital Money

Today we explore a highly earned Guy's Take for Dergigi's "Bitcoin is Digital Scarcity" as well as using a core part of his framing...

Listen