2min chapter

The "What is Money?" Show cover image

Bitcoin Mining on the Ocean with Nathan and Michael (WiM239)

The "What is Money?" Show

CHAPTER

The High C's of Bitcoin Mining

This makes me think of other digital only businesses that have had a lot of jurisdictional arbitrage like BitMax, right? A regulator would come down on them in one jurisdiction. So they would just switch to another jurisdiction. They're a similar dynamic, but an actual physical space. Yeah. And then overall, this would just make state, it would just make the Bitcoin network more robust to state attack, right? Because it's more expensive to tyrannize things that are scattered all over the equatorial ocean. Exactly. Hope for the best plan for the worst.

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