Bitcoin will crash energy prices with Andrew Myers

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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