BITCOIN MINING IS GOOD FOR AMERICA - Pierre Rochard (Bitcoin Talk on THE Bitcoin Podcast)
"really the people at the root cause of these carbon emissions, it's Keynesians, right? It's the people who want to print money and who have violated the institutional trust and the credibility that historically helped governments." - Pierre Rochard
On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks with Pierre Rochard, VP of Research at Riot Platforms.
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This conversation dives deep into the topic of Bitcoin mining and the misconceptions surrounding its environmental impact. Walker and Pierre discuss the realities of the electricity grid, the root cause of carbon emissions, and the immorality of seniorage profits. The conversation highlights the arrogance and incompetence of central planners and the chaos and lobbying in politics. It concludes with the importance of transparency and collaboration with Bitcoin miners and the victory for the rule of law and the American people. In this conversation, Pierre Rochard discusses the role of Bitcoin miners in the energy grid and their contribution to demand response. He explains how Bitcoin miners in Texas are helping stabilize the grid and address the challenges of renewable energy generation. Pierre also highlights the strategic implications of Bitcoin mining for national security and suggests that the US government should buy Bitcoin with printed dollars to strengthen the country's position. He emphasizes the need for policymakers to understand the benefits of Bitcoin mining and its potential to secure the nation's future.
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Pierre on X: https://twitter.com/BitcoinPierre
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