It's only going to heat up from here, freaks.
This is the most succinct one-stop-shop on the subject of Bitcoin energy usage and why it is okay and should actually be encouraged that Uncle Marty has come across to date.
Are we okay with accepting the uncomfortable truth that bad people will use certain tools to their advantage to ensure that we do not curb innovation and overall freedom?
It's hard to imagine a world in which Bitcoin doesn't succeed when you take a step back, look around, and see all the trends surrounding money pointing towards a more Orwellian, State-controlled panopticon disguised as freedom.
In it, Misir does an incredible job of succinctly describing Bitcoin as a vastly superior measure of our time when compared to fiat currencies. A great podcast to send anyone looking to understand the fundamentals of Bitcoin and sound money philosophy.
When we shift the framing and look at the yearly lows instead of yearly highs, we can see that Bitcoin's potential success seems much more optimistic as the price floor has risen 6 out of the last 7 years.
A thought-provoking essay that serves as a great framework to use if you need help questioning your assumptions and putting them in greater perspective.
The irony of learning that "inflation is subdued around 2% due to active monetary policy and the actions of the Fed" while sitting in a classroom that's price has increased 500% in 30-years just hit me so hard that I honestly feel like I'm taking crazy pills.
Stay up to date! Get all the latest & greatest posts delivered straight to your inbox