"Bitcoin wastes energy. You've heard it a million times. But what if its the exact opposite of the truth in every way? What if its actually our energy grid that is wasteful, and Bitcoin can fix it? What if its renewable energy that is unreliable and uneconomical, and bitcoin mining can balance it out. What is its fiat that's wasteful and unfair, and Bitcoin can correct it? And what if the entire premise is built upon the failure to even understand what it is that Bitcoin does? I think it's time for a Guys' Take episode"
Today we follow up Gladstein's incredible read, and delve into the potential of Bitcoin mining to balance renewable energy sources, correct the wastefulness of fiat currencies, and provide an economically sustainable solution to the world's monetary problems. With insights into how Bitcoin not only conserves but optimizes wasted energy, the discussion challenges prevailing narratives about Bitcoin's energy consumption, offering a fresh perspective on its role in environmental sustainability and economic empowerment.
Other Episodes to explore the energy argument
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"Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."
~ CS Lewis
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