3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC120: Preston's Top 5 Bitcoin Fundamental Moments, w/ Michael Saylor, Jeff Booth, Gigi, Alex Gladstein, Cory Klippsten, & Pablo Fernandez (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Using the Power of Gravity and Water to Create Gunpowder

Bitcoin is taking up maybe 15 basis points of the world's energy. It's not clear to me that it's going to grow that much more. The proprietary protocol is such that ultimately in the year 2100, it won't matter whether you have harnessed all the power of a star. That won't allow you to build to create hashes. I could give you all the electricity, the power's New York City tomorrow, but you can't generate hash with it unless you can get your hands on 256 mining rigs.

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