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Cosmic Bitcoin - The Bitcoin Singularity w/ Luke Broyles

Bitcoin Magazine Podcast

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The Adoption of Bitcoin Is Like a Feedback Loop

Bitcoin is kind of like any technology of the past you know if you look at it from a modern perspective every innovation only self-reinforces every other innovation of that era. faster they adopt Bitcoin the faster their electric grids can become profitable for Bitcoin mining and profitability so I think looking forward it's true in the same way as asteroid mining decreases the argument for gold. "I'd say Bitcoin is money is is money that actually works and it actually helps us better allocate capital," he says.

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