Read_555 - The Bitcoin Energy Debate & the Gold Resource Cost Debate [Nic Carter]

"Long before we had the Bitcoin energy debate, we had the gold resource cost debate. The contours were similar: the costs associated with gold refining and extraction were a waste; they were too great relative to a mere fiat standard in which notes could be printed for virtually nothing." - Nic Carter Great piece today from Nic Carter published on Bitcoin Magazine. The energy cost debate of Bitcoin might not be quite what it seems to be. And we can take a lesson from history by understanding the long, ongoing debate about the resource costs of the Gold standard.  Check out the original article at the link below, plus tons of great stuff from Bitcoin Magazine: https://bitcoinmagazine.com/culture/bitcoin-and-gold-energy-debate Don't forget to check out our awesome sponsors! 5% off the BitBox02 with code "GUY," your bank grade digital vault for your Bitcoin keys from Shiftcrypto.ch And secure your Bitcoin future by starting your automatic savings plan at SwanBitcoin.com/guy Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message