Read_586 - Bitcoin & Tesla's Peaceful Energy Vision [Level39]
"If Bitcoin had existed in Tesla’s time, it would have removed the need for a corrupted monetary arrangement. Bitcoin mining is a permissionless and censor-resistant reward mechanism that incentivizes the cheapest and most reliable sources of energy. Tesla could have, hypothetically, self-funded his experimentation with mining rewards. The more successful and efficient his prototypes were, the more successful his mining would become, and the more funding he would secure to scale up his operation." - Level39
It's easy to focus entirely on the incredible impact and incentives that Bitcoin instills as a monetary good onto the world. Its massive effect on the economics of world markets, and how it will bring down capital barriers all around the world. But then forget, that it could be equally powerful, in the realm of energy production, and thermodynamic innovation. Bitcoin wont just change money, it will change our relationship to energy itself. And Nikola Tesla may just have some insight over 100 years old, that could shed light on what this could mean. Don't miss this excellent article.
Link to the original for plenty of links to go exploring and dig deeper into this topic:
https://bitcoinmagazine.com/culture/bitcoin-and-teslas-peaceful-energy-vision
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
It's easy to focus entirely on the incredible impact and incentives that Bitcoin instills as a monetary good onto the world. Its massive effect on the economics of world markets, and how it will bring down capital barriers all around the world. But then forget, that it could be equally powerful, in the realm of energy production, and thermodynamic innovation. Bitcoin wont just change money, it will change our relationship to energy itself. And Nikola Tesla may just have some insight over 100 years old, that could shed light on what this could mean. Don't miss this excellent article.
Link to the original for plenty of links to go exploring and dig deeper into this topic:
https://bitcoinmagazine.com/culture/bitcoin-and-teslas-peaceful-energy-vision
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE)
• Buy Bitcoin automatically and painlessly with SwanBitcoin
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY)
• Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN)
Learn more about your ad choices. Visit megaphone.fm/adchoices
---
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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