122. Can bitcoin fix renewables? With Dan Roberts
The Bitcoin Standard Podcast
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Bitcoin Is a Machine That's Out There to Put the Whole World on a Hard, Disciplined Training Programme
Saketyn: Bedcoin is a machine that's out there to put the entire world on a very hard, disciplineda training programme. He says if bitcoin starts going down, you're likely to see higher cost miners capitulate and have to switch off. The lower bicoin goes, the more high cost miners can't pay their power bill in a switch on. We'll start receiving more bict coin every day, because our share of the network will naturally float up. So all of a sudden, if half the network shuts down, our cost of production is harved by virtue of the fact we're min in twice as many bitcoin. And it gives us a superint
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