We Study Billionaires - The Investor’s Podcast Network

BTC124: Bitcoin is a Strategic National Necessity w/ Pierre Rochard (Bitcoin Podcast)

Apr 4, 2023

54:55

Highlights

AI Chapters

Episode notes

Mining Bitcoin Worldwide: Ranking the Top Countries

01:48

The Energy Cost of Bitcoin

00:25

Introduction

4min

The Importance of National Security in Bitcoin Mining

4min

The Texas Blockchain Council's Debate on Demand Response

3min

The Pros and Cons of the Texas Tax Abatements Act

5min

The Pros and Cons of Bitcoin Miners' Tax Abatement

2min

The Importance of Demand Response in the Electricity Market

3min

The Importance of Auxiliary Services in Bitcoin Mining

4min

How to Invest in Real Estate With Equity Multiple

2min

The Importance of Customer Engagement in Bitcoin

4min

10.

The Three Most Critical Layers of Security for Bitcoin

2min

11.

The Bipartisan Appearance of Bitcoin

2min

12.

The Energy Cost of Bitcoin Mining

4min

13.

The Future of Bitcoin and the Central Bank Digital Currency

3min

14.

How to Take Self Custody of Your Bitcoin

3min

15.

FedNow and FedNow: The Game Theory

3min

16.

The Federal Reserve's Interest Rate Policy Has Created Issues in the Banking System

3min

17.

The Federal Banking Regulators Want to Crush Bitcoin

4min

18.

The War of Attrition

3min

19.

How to Be a Bitcoin Miner

2min

Preston Pysh and Pierre Rochard talk about the current draft bill in Texas that's trying to limit Bitcoin mining and what this means in the broader context of state's rights and their competition between local jurisdictions.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:10 - Why Pierre was in the Texas Congress testifying about the benefits of Bitcoin and it's mining infrastructure.

04:40 - Explain why Bitcoin is a National Security issue if a country fails to adopt and understand it.

07:55 - How much settlement is currently happening on Bitcoin and why is that important?

08:48 - Why Demand Response System are important to ensure grid stability.

23:50 - Who is the customer of Bitcoin mining?

36:08 - State rights issues and bipartisanship with respect to Bitcoin.

38:08 - What is the cost of running the existing fiat system compared to Bitcoin?

42:51 - Why CBDCs are so dangerous to freedom in the United States.

48:27 - Choke-Point 2.0.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Pierre Rochard's Twitter.
Riot Mining.
More information about this draft TX Bill.
Related episode: Listen to BTC116: Bitcoin Ordinals and NFTs on Layer 1 Bitcoin w/ Pierre Rochard, or watch the video.
Related episode: Listen to BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre & Morgen Rochard, or watch the video.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.