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Bitcoin Mining in the UAE and the Transition to Bitcoin
This chapter discusses the importance of Bitcoin mining in the UAE and its implications for the transition to Bitcoin, highlighting the increase in mining hash rate, the investment and time required for mining operations, and the power consumption and infrastructure needed for the Bitcoin network.
Preston Pysh talks to Parker Lewis about his most recent article, Bitcoin is Not a Hedge, what he thinks about the upcoming cycle, whether the halving cycle still matters, whether corporations will be taking a larger part in the coming cycle, and much, much more.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:08 - Why Parker is of the opinion that Bitcoin is NOT a hedge to inflation?
12:10 - How are you helping people visualize that Bitcoin is a store of value?
29:01 - What Bitcoin is actually backed by.
39:35 - What Bitcoin's next bull market might look like.
45:19 - Why match conviction with knowledge.
01:05:02 - Parker's new book.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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