Dr. Murray Rudd (Economics Professor) Explains why Supply Show Will Shoot Bitcoin to "Astronomical" Prices. Get the Best Bitcoin Watches ever: - Here: https://www.coinvigilante.com/?ref=robinseyr Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Guest's contact: https://x.com/DrMurrayRudd !!! Disclaimer: This content is for educational and/or entertainment purposes only. The views expressed by Robin Seyr and guests are their own and do not reflect any responsibility or liability on our part. Neither the Title, Thumbnail, describtion or the Video itself represents financial advice. Purely for Entertainment and/or Education purposes. Summary In this conversation, Robin Seyr and Murray Rudd explore the intersection of academia, environmental economics, and Bitcoin. They discuss the challenges of Bitcoin adoption in academic circles, the environmental implications of Bitcoin mining, and its potential to enhance renewable energy economics. Murray shares insights from his research with Satoshi Action, emphasizing the need for education and awareness in the academic community. They also delve into the economic implications of Bitcoin for state-level investments and the future price predictions for Bitcoin, considering the impact of institutional adoption and the role of AI in enhancing research productivity. Takeaways Academics are slow to adopt Bitcoin due to funding issues. Bitcoin mining can utilize waste energy effectively. Renewable energy economics can benefit from Bitcoin. Misconceptions about Bitcoin's environmental impact persist. Satoshi Action aims to educate and promote Bitcoin research. State-level investments in Bitcoin can enhance economic stability. Bitcoin's price predictions are influenced by supply and demand dynamics. The future of Bitcoin adoption is promising but uncertain. AI tools significantly enhance research productivity. Understanding time preferences is crucial in economic discussions. Chapters 00:00 Introduction to Bitcoin and Academia 01:46 Murray Rudd's Academic Journey 04:32 Bitcoin Mining and Environmental Impact 07:57 Waste Heat and Renewable Energy 10:49 Challenges in Bitcoin Perception 13:38 Satoshi Action and Research Initiatives 16:46 Counterfactual Analysis of State Investments 19:47 Implications of Bitcoin on State Funds 22:24 Future of Bitcoin Adoption 25:34 Time Preferences and Economic Implications 28:36 Political Dynamics and Bitcoin 31:34 The Future of Bitcoin in Society 42:40 Awakening to Bitcoin: A Journey of Discovery 46:29 The Evolving Landscape of Bitcoin Accessibility 48:39 Price Predictions and Economic Modeling for Bitcoin 58:35 The Role of Demand and Supply in Bitcoin's Future 01:03:06 Potential Societal Impacts of Bitcoin's Price Surge 01:15:21 Philosophical Insights Beyond Bitcoin