"Money condenses energy. Bitcoin is the first and only tool we have for converting electric energy to monetary energy. Now what does this do to the energy market?" - Knut Svanholm
Amidst all the craziness around the Bitcoin & energy debate, its time to visit another great piece by returning author Knut Svnaholm of "Sovereignty Through Mathematics" and the amazing Citadel21 Magazine! A piece not only on the energy dynamic of Bitcoin, but also the waste and economic destruction caused by the central banking system. Listen to find out in today's read.
Check out the original and the other great pieces on Citadel 21 at the link below:
https://www.citadel21.com/orange-is-the-new-green
Mentioned in the show was the amazing piece from Hayek "The Use of Knowledge in Society":
https://bitcoinaudible.com/hayeks-use-of-knowledge-in-society-part-1-2/
Thanks so much to our sponsors who make this show possible:
ShiftCrypto for the secure, open source BitBox02 hardware wallet and other great tools for securing your Bitcoin keys and backups
SwanBitcoin.com for the automatic, no hassle, no selling, set it and forget it Bitcoin savings plan.