3min chapter

Lex Fridman Podcast cover image

#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates

Lex Fridman Podcast

CHAPTER

Bitcoin's Energy Use Is Not Legitimate

A lot of people fundamentally dispute the validity or usefulness of Bitcoin as a system. And so of course they're going to consider the energy usage illegitimate. Now there's a lot of mitigating factors if you, you know, think the Bitcoin is potentially useful system. But that's like at a high level what the debate is. It's this normative question: Does Bitcoin have an entitlement to consume many of the world's resources?

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