The Bitcoin Frontier cover image

The Bitcoin Frontier

Bitcoin will crash energy prices with Andrew Myers

Feb 6, 2024
48:46

In this episode, Andrew Myers shares his vision of bitcoin revolutionizing global power markets by making them more permissionless and efficient. He explains why entrepreneurship could become easier under a bitcoin standard, evaluates the sustainability of mega mining farms (100+ MW), and looks into the future of global energy production in relation to bitcoin miners.


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TIMESTAMPS:

00:00:00 Intro

00:01:40 Permissionless Power Markets

00:06:19 Entrepreneurship under a bitcoin standard

00:08:25 Bitcoin adoption in the energy sector

00:13:57 Credit worthiness of bitcoin miners

00:16:30 Are mega mining farms (100MW+) sustainable?

00:18:17 Will bitcoin lead to the development of new energy technologies?

00:20:07 Will the world continue to produce exponentially more energy?

00:22:27 Bitcoin mining and geopolitics

00:24:22 Will countries that embrace bitcoin have a massive advantage?

00:26:55 How will bitcoin change power prices?

00:30:54 “Who will build the roads (transmission lines)?”

00:41:04 Will bitcoin create sovereign self-sufficient communities?

00:42:19 Block subsidy trending toward 0

00:46:01 Merging of the mining and energy industries?

00:47:47 Closing thoughts


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→ Andrew Myer’s Twitter: https://twitter.com/acmyers

→ Joe Burnett’s Twitter: https://twitter.com/IIICapital

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