23min chapter

Blue Collar Bitcoin cover image

Basics_09: Bitcoin Misconceptions & FUD Busting

Blue Collar Bitcoin

CHAPTER

Bitcoin as a Battery: Storing Time and Energy

The speakers debunk the misconception that Bitcoin is just a consumable by explaining its role as an alternative energy source and a store of energy for future use. They discuss the incentive structure of Bitcoin mining and its encouragement of renewable energy sources. The chapter concludes by addressing the misconception of Bitcoin being banned and highlighting the movement and mainstream momentum of Bitcoin.

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