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Bitcoin Economics and Evolution | The Saylor Series | Episode 16 (WiM062)
The "What is Money?" Show
Is the Price of Energy Going Up or Going Down?
The price of energy is going up and then it's going down. The cost to produce each bit coin is rising, which is putting upward pressure on its price in the market place. No bicoin isan open market for mining. So that so anybody can engineer a shaw, two, fifhty, six chip. There isn't one semi conductor company. If there is one, we're back to a jeff bs statement: Your margin is my opportunity.
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