The Bitcoin Standard Podcast cover image

114. Why Bitcoin Changes Accounting with Darin Feinstein

The Bitcoin Standard Podcast

00:00

The Cost of the Alternative to Bitcoin

I think this is, i think this is really the key point that needs to be emphasized, which is, it's a cost benefit analysis. Like everything that any human being ever does, you need to think about costs and th benefits, and not just the cost of the benefits yeeded to compare t to the alternative. And some people like to compare bitcoin to banking infrstruction. I don't think that's like to like comparison, because bitquin doesn't exactly obsolete a lot of banking functions. It takes about two thousand calories a day to feed a central banker. That's a lot less energy than a bit coin my so there's really no comparison.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app