Ep. 474 - World Economy Breakdown, With Lex Sokolin of ConsenSys
CRYPTO 101
00:00
Ethereum 2.0
Einstein: The energy consumption has been reduced by 99.9%, which is extremely, extremely interesting and a net positive. We can talk about the carbon footprint in sort of numbers, right? So what does it really mean? Well, you're not cranking up graphics cards plugged into the electric socket to mine anymore. You are using digital capital and a digital mathematical equation to get returns. And so from the supply side can be a deflationary asset, meaning that there's less of it rather than more of it over time unlike the US dollar.
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