4min chapter

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

BTC124: Bitcoin is a Strategic National Necessity w/ Pierre Rochard (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Energy Cost of Bitcoin Mining

Pierre O'Mara: "I think Bitcoin clobbers it. But I don't know what that number is" He says the energy expense of Wall Street, central bankers on a global scale would be far greater if they were all working in one system. Inflation extracting wealth from rural communities to benefit coastal elites like lawyers and bankers isn't good for anyone, he says. 'We're paying blue collar workers in middle America to maintain our ledger,'O'Mara adds.

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