45. Bitcoin's energy consumption
The Bitcoin Standard Podcast
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The Currency of Life Is Time
All economic action is ultimately about economizing time. Everything we do is denominated in the currency of life, says Alex Epstein. The next chapter moves on to discuss energy, which is a form of capital that is not physical. It's something that's extremely valuable to individuals because it has enormous utility. If you apply the Austrian methodology toward understanding how energy markets work, I think there's a very important insight," he adds.
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