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Bitcoin Audible

Read_718 - Bitcoin Does Not Waste Electricity [Beautyon_}

50 min • 6 april 2023
"Of all the objections to Bitcoin, the objection that it “wastes” electricity is the most absurd. This thinking betrays a fundamental misunderstanding of how electricity works, how markets work, and what waste is." – Beautyon Today we take a break from all the discussion of doom and impending economic obliteration to hit a favorite topic of mine, from a simple, but important angle. This article came back across my view and I realized it was one I had never covered and thought it would make for a good short episode and rant. Enjoy! Check out the original article at: Bitcoin Doesn't Waste Electricity Bitcoin is a Pioneer Species: https://open.spotify.com/episode/0n4BDOodSPaIB5HpksnJOT?si=528e08bc58c340d0 Bitcoin Mining & The Grid: https://open.spotify.com/episode/46lS7ZWR5RKTM4MlRV7Jtu?si=8c3457e9ab9443ac Bitcoin Does Not Waste Energy: https://open.spotify.com/episode/0TlohX5A2CiBCe2eumoVBY?si=d1af7355e52c4d4e The Moral Case for Fossil Fuels: https://www.amazon.com/Moral-Case-for-Fossil-Fuels-audiobook/dp/B00TRA7ZCK/ref=sr_1_1?keywords=moral+case+fossil+fuels&sr=8-1 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “There’s no room for facts when our minds are occupied by fear.” ― Hans Rosling Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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