MI128: Why Buy Bitcoin w/ Andy Edstrom
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Bitcoin Is the Easiest User of Energy
If bitcoin is increasing the installed capacity of reneables, then it's bringing those sources down the cost curve faster. There's another factor here, which is base load capacity. And basically bit coin providing a buffer on existing functional grid. The final factor is think about fee out money in general. Is that good for the environment over all? Or is that bad for theenvironment over all? I believe it results in excess consumption. It results in us buying more stuff that we don't really need.
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