3min chapter

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

BTC102: Bitcoin Lightning Network Changing the Energy Sector w/ Austin Mitchell (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Decentralization of the Energy System

The whole energy system has changed over the last 20 years to be digital. Now most people, their utility knows how much energy they're consuming,. We have smart meters on most homes in the US. There's no more meter readers, but the financial back office systems are still stuck in that era. And so what we can solve by decentralizing the whole system is now we can actually handle the data in its entirety.

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