5min chapter

Swan Signal Live - A Bitcoin Show cover image

Pierre Rochard & Steve Barbour | Swan Signal | EP 107

Swan Signal Live - A Bitcoin Show

CHAPTER

The Importance of Regulation in the Environment

The New York Times ran a piece that said Bitcoin miners are bad for the environment and jack up electricity costs. Steve Kogan: People generally are looking to optimize their own consumption because that's sort of what profiting is. He says we should focus on regulations where we are actually polluting the environment or destroying resources for no good reason. "I do think peer masterfully trolled all of the sort of imbeciles out of the world," he adds.

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