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Read_550 - Bitcoin's Energy Use isn't a Problem, Here's Why [Lyn Alden]

Read_550 - Bitcoin's Energy Use isn't a Problem, Here's Why [Lyn Alden]

FromBitcoin Audible


Read_550 - Bitcoin's Energy Use isn't a Problem, Here's Why [Lyn Alden]

FromBitcoin Audible

ratings:
Length:
127 minutes
Released:
Aug 12, 2021
Format:
Podcast episode

Description

"And it’s easier to sensa­tion­alize things for pageviews or polit­ical gain. For example, it’s commonly said that the Bitcoin network uses more energy than some countries. That’s true, but then so does Google, Youtube, Netflix, Facebook, Amazon, the cruise industry, Christmas lights, house­hold drying machines, private jets, the zinc industry, and basically any other sizable platform or industry. From that list, Bitcoin’s energy usage is the closest to that of the cruise indus­try’s energy usage, but bitcoins are used by more people, and the network scales far better." - Lyn Alden

Today we read an amazing and comprehensive view of the entire argument around Bitcoin and energy with all of the fallacies and misunderstandings. Is Bitcoin's energy use really a problem? Find out!

Check out the full article with tons of extra to help visualize the arguments and explore further at the Swan Bitcoin blog:
https://www.swanbitcoin.com/bitcoins-energy-usage-is-not-a-problem-heres-why-by-lyn-alden/

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Released:
Aug 12, 2021
Format:
Podcast episode

Titles in the series (100)

The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.