3min chapter

The "What is Money?" Show cover image

WiM029 - The Frisby Series | Episode 7 | Bitcoin, Taxation, and Revolution

The "What is Money?" Show

CHAPTER

Energy Consumption Is an Indice of the Sovereignty of Civilization

i think it's an important way to look at it, and it reframes history in a way. Energy consumption is an indicator of the sophistication, of the othe of civilization. I'm actually slightly cynical about how green they are s of the amount of copper and tin they require tofunction. But that's another matter. You know this criticism of bit coin that, you know, it loses too much elect uses too much power. Well, we need money to have a cost of production to it. Money doesn't have of production toIt, it's got no value. And, erand they forget that the the the, it's that power that makes the network so strong

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