The Impact of Stable Coins on Economy and Energy

This chapter explores the transformative role of stable coins and Bitcoin in the economy, highlighting legislative progress that enhances governmental acceptance of digital assets. It discusses Bitcoin's potential effects on the U.S. dollar, energy innovations, and the overarching concept of hyper Bitcoinization, where Bitcoin could dominate as a currency. Additionally, the chapter examines the interplay between energy and monetization, using the Kardashev scale to contextualize humanity's energy evolution and the emerging significance of Bitcoin mining in this landscape.

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