Bitcoin Audible15 Jun 2021

Read_534 - Bitcoin Mining & the Case for More Energy [Caulfield & Lindstrom]

“All this to say, there is no optimistic version of the future in which humanity does not use significantly more energy than it does today.” - Hodl’n Caulfield & Selene Lindstrom

What is the connection between Bitcoin, human prosperity, and the fundamental process of commanding energy to solve our problems? Bitcoin isn’t just a monetary and financial solution, its also revolutionary in the simple fact that it replaces a problem of violence and authority, merely through the burning of energy. How could we make the case that not only should we not scorn this amazing feat, but that we should want far more energy used by the system, to protect far more people around the world from systemic corruption of money?

Check out the original and drop some crazy applause on this one on medium:
https://bitcoinandenergy.medium.com/bitcoin-mining-and-the-case-for-more-energy-90094ce25fac

Don’t forget to follow the authors on Twitter for more of their future work:
https://twitter.com/stackerintherye https://twitter.com/selenelindstr6
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"
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