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The Impact of Bitcoin on Energy Markets
The impact on energy markets is hard to get your head around, honestly. We have this now perpetual global incentive to monotize every source of economic, economically available energy. So if we could use half of the energy to mine bit coin and the other half to power the entire town, could the could the mining half actually pay for the other half? I don't think that at onthyng, that's too far fetched an idea. It does depend on bitcoin adoption, right? On number going upcause as there's more competition,. it could also make it less profitable for people using other kinds of energy, dirtier energy, to mine.