2min chapter

The "What is Money?" Show cover image

Bitcoin is a Pioneer Species with Brandon Quittem (WiM161)

The "What is Money?" Show

CHAPTER

Is Bit Coin Mining the Biggest Use of Energy in the World?

It's not clear to me what the long term game is. I think were, what i think today is that it becomes a really boring business witha margin similar to energy production to day. Ah, and if that was true, then we'll probably like piqin our energy usage in the next, i don't know, 30 years. And then maybe we'll actually decline after that, as the subsidy is worthless and we sch to fees. It's too many unknowns to really be confident after that point.

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