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

September 04, 2021 00:49:37
Read_555 - The Bitcoin Energy Debate & the Gold Resource Cost Debate [Nic Carter]
Bitcoin Audible
Read_555 - The Bitcoin Energy Debate & the Gold Resource Cost Debate [Nic Carter]

Sep 04 2021 | 00:49:37

/

Hosted By

Guy Swann

Show Notes

"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

Other Episodes

Episode

April 16, 2019 00:51:25
Episode Cover

CryptoQuikRead_235 - How Is Fiat Money Possible [Part 2 - Hans Hermann Hoppe]

Continuing from yesterday's episode with Part 2 of our journey through Hoppe's amazing piece on the nature and origins of the fiat money system.  ...

Listen

Episode

April 05, 2018 00:34:42
Episode Cover

CryptoQuikRead_042 - Critique of Buterin's Proof of Stake Design Philosophy

Tuur Demeester lays out his arguments against Vitalik's Proof of Stake Design Philosophy.  Guess what he has to say.  Listen to today's quick read...

Listen

Episode

February 18, 2023 00:46:15
Episode Cover

Basics_03 - Keys, Everything You Need to Know

Not your keys, not your coins. What does this mean? Your Bitcoin keys are literally the keys to the kingdom. They are everything, they...

Listen