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

November 03, 2020 00:31:37
Episode Cover

Read_456 - Bitcoin at 12 [Nic Carter]

"I believe Bitcoiners have this in common. They recognize that they have undertaken a near-hopeless task. Creating a global, neutral, apolitical settlement medium and...

Listen

Episode

July 13, 2020 02:23:17
Episode Cover

Chat_42 - Project Snow White & the Raleigh Bitcoin Meetup

• DeFi • Prices & Markets • Bitcoin & the global power struggle • Political insanity • Apolitical? Super-Political? Omni-Political? • Hard Money Film...

Listen

Episode

January 19, 2023 00:30:35
Episode Cover

Read_693 - Lightning & The Airport Analogy [Danny Scott]

"But as with all new technology, it can be incredibly hard to explain what’s actually happening, without getting too complex. This got me thinking...

Listen