Episode 23: Interview with @dazbea1 (of www.lookingglasseducation.com) on his bitcoin journey, becoming a bitcoin educator, bitcoin mining at home, speed reading, and mind mapping.

Episode • Jun 12, 2022 • 1h 51m

Thanks to our guest: https://twitter.com/dazbea1 (of https://lookingglasseducation.com)

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes
- Recent World Economic Forum propaganda video with renewed energy FUD regarding bitcoin mining

- Society's gradual erosion of trust towards authorities and media institutions

- DazBea's bitcoin journey - transitioning from wage slavery to self-employment to investing in the future

- Understanding "fair value" of businesses before investing (and realising that almost everything on the stock exchange is overvalued)

- We're all incentivised to improve and benefit ourselves, which is often incongruous with being a wage slave

- People are forced to move far out on the risk curve just to protect their wealth (and bitcoin fixes this)

- Inflation is destroying savings (whether it meets the 'hyperinflation' criteria or not)

- Everyone's "basket of goods" in regards to inflation is different

- There are incentives to keep the CPI number down through manipulation of the basket of goods (including hedonic adjustments)

- Broken incentives in various industries and academia (e.g., agriculture, nutrition, health)

- How to lie with statistics

- Starting and working on www.lookingglasseducation.com

- Preparing a 3-hour course focused on answering the question "what is money?" for no-coiners and wage-earners without focusing too much on bitcoin

- Future courses and plans for Looking Glass Education

- Financial education at a young age disrupts the cycle of poverty

- Bitcoin mining at home (eg, with an S9)

- Is it still profitable? How much energy is used for what hash rate output? How much do they cost to buy?

- Bitcoin mining at home is more viable with solar source of energy to offset grid energy costs

- Running miners non-stop or turning them on/off intermittently - pros and cons?

- How loud and hot do they get?

- Running standard versus customised firmware (e.g., BraiinsOS)

- What maintenance do they need?

- Can you run miners on the same circuit, or is it best to separate them?

- Ethernet vs WiFi connection?

- How to reduce the noise (e.g., building a sound-proofed 'black box')?

- Immersion cooling systems - pros and cons?

- Heating water or your house with the heat from a bitcoin miner

- Speed reading and mind mapping - useful tips and tools (e.g., Voice Dream and Obsidian) to consider

- Obsidian Mind-mapping Tutorial for Beginners
https://youtu.be/QgbLb6QCK88

Activity

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