
SLP299 Adam O - Bitcoin Optionality for Oil & Gas
Stephan Livera Podcast
00:00
I Think It's Going to Change the Way Guys Produce Oil Wells
Energy producers are incentivized to go out and find places where they have stranded assets, or stranded energy sources. As long as they can get an internect connection, they can create a downstream market for themselves. All they need to do is generate power and convert that power into computational work. They're going to seep out every cubic foot of gas, and they're going to bring it to market by mining the coin. It's not virtue signalling saving the environment more. Regulators no longer need to hold a gun to their head and say, hey, you quit wasting this gas.
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