5min chapter

The "What is Money?" Show cover image

WiM010 - Dear Eric Weinstein

The "What is Money?" Show

CHAPTER

Bitcoin and the Energy Grid

Bitcoin will kind of reshape the energy grit in its image. It provides you a way to monetize perhaps previously stranded sources of energy, which could provide an incentive to build new energy infrastructure. Energy industry is one of the key determinants of human quality of life. Producers of today are the banks of tomorrow. Money's just mapping on to that, saying, this is a claim on that energy. And it does reshape everything. Re shapes how we civilize,. where we civilize, what our institutions look like. Its profound.

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