Read_586 - Bitcoin & Tesla's Peaceful Energy Vision [Level39]

December 16, 2021 01:10:21
Read_586 - Bitcoin & Tesla's Peaceful Energy Vision [Level39]
Bitcoin Audible
Read_586 - Bitcoin & Tesla's Peaceful Energy Vision [Level39]

Dec 16 2021 | 01:10:21

/

Hosted By

Guy Swann

Show Notes

"If Bitcoin had existed in Tesla’s time, it would have removed the need for a corrupted monetary arrangement. Bitcoin mining is a permissionless and censor-resistant reward mechanism that incentivizes the cheapest and most reliable sources of energy. Tesla could have, hypothetically, self-funded his experimentation with mining rewards. The more successful and efficient his prototypes were, the more successful his mining would become, and the more funding he would secure to scale up his operation." - Level39 It's easy to focus entirely on the incredible impact and incentives that Bitcoin instills as a monetary good onto the world. Its massive effect on the economics of world markets, and how it will bring down capital barriers all around the world. But then forget, that it could be equally powerful, in the realm of energy production, and thermodynamic innovation. Bitcoin wont just change money, it will change our relationship to energy itself. And Nikola Tesla may just have some insight over 100 years old, that could shed light on what this could mean. Don't miss this excellent article. Link to the original for plenty of links to go exploring and dig deeper into this topic: https://bitcoinmagazine.com/culture/bitcoin-and-teslas-peaceful-energy-vision For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) 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

January 29, 2020 01:08:45
Episode Cover

GuysTake_026 - The Halving is Not Priced in, Here's Why

As a follow up to Nic Carter's excellent breakdown of the efficient market hypothesis, and PlanB's piece addressing the market's evaluation of the risks...

Listen

Episode

July 10, 2020 01:21:25
Episode Cover

Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

"This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the...

Listen

Episode

May 21, 2018 00:19:18
Episode Cover

CryptoQuikRead_074 - Securing Your Financial Sovereignty

The true disruptive potential of Bitcoin is that we can guarantee our own financial sovereignty without trusting anyone else.  Don’t be a second class...

Listen