2min chapter

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#1116 Matt Lohstroh On Why Every Oil & Gas Company Will Mine Bitcoin

The Pomp Podcast

CHAPTER

Bitcoin Mining

I think it's going to be the normal narrative that Bitcoin uses too much energy. The inherent problem is not that it should be using X amount of energy, It's the fact that they don't see any value in it. And so until like the majority of the population comes around to the fact thatthey put some value into Bitcoin, there's always going to be an energy argument. But I think that the narrative is changing. Like maybe the pendulum is kind of swinging back towards what would be maybe like a pro Bitcoin mining argument. Or not.

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