0006 | Bitcoin: Energy to Value
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0006 | Bitcoin: Energy to Value
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About this listen
Joined again by Sovereign Mind, we explore Bitcoin and Energy.
Through Bitcoin's proof of work mining protocol, energy is translated to value. Unlike prior energy monetization methods, bitcoin mining captures energy AT THE SOURCE and converts it immediately to value, without the need for transmission.
This technological breakthrough will revolutionize energy markets AND how we organize civilization. Energy companies will become banks, developing countries no longer have to waste or export their natural gas while their country develops.
The implications of bitcoin are massive. Making global energy markets more efficient is just one piece of a truly remarkable transformation.
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