4min chapter

Unlimited Hangout with Whitney Webb cover image

The Bitcoin Dollar & Crypto-Colonialism with Mark Goodwin

Unlimited Hangout with Whitney Webb

CHAPTER

The Impact of State Control on Energy Production on Bitcoin's Success

The state control over energy production has a huge huge effect on bitcoin's success because its energy usage is directly related to its decentralization. The idea of introducing scarcity at least for the masses in terms of how much your energy quota and you're only allowed to engage in certain amounts of economic activity based on how much energy that consumes right? This is basically what the nut zero paradigm is moving towards but the question is how do we get from where we are now to there i don't necessarily think it's going to be like from one to the other straight off, he says.

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