251: Kasper Vandeloock - High School Dropout Turned Quant Trader, Entrepreneur (Pre & Post FTX Collapse)
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Is Bitcoin Mining Consuming More Electricity Than Some Nations?
When it comes to Bitcoin mining of course it still uses a lot of electricity but I do know that the people that have mining facilities they go to places where electricity is cheap or where there is too much energy produced. So I don't think they should only look at how much electricity gets consumed because of Bitcoin but also at where the electricity is coming from. We as a public don't see that when it comes to cryptocurrency there's a public ledger so if someone is verbally about the fact that this money just got stolen from me we can see that actually the money you know got sent to a different address maybe linked that to another hacker etc. It definitely gets used by criminals because it's fully permission
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