4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC120: Preston's Top 5 Bitcoin Fundamental Moments, w/ Michael Saylor, Jeff Booth, Gigi, Alex Gladstein, Cory Klippsten, & Pablo Fernandez (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin Minor Is a Machine to Create Civilization and Cyberspace

The Bitcoin miners are energy refiners in a way, right. They not only created, but they secure it and you can also think of them as supporting the railroad in cyberspace. You're feeding electricity into one end and out the other end comes a hash wall. This is hard, I think, for a lot of people to wrap their head around because the examples you're providing are physical examples that people can relate to. And just like you take a history of civil engineering and you look at Greek architecture,. those things crack and then they replace them with some wooden beams.

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