by Guy | Nov 2, 2022 | Energy, Regulation
“While Bitcoin does not litigate the ethics of hydrocarbon production, it is not controversial to point out that the dollar, in that it is sustained by the continuation of the US military-industrial complex (the single largest consumer of oil in the world),...
by Guy | Jun 15, 2021 | Energy, Philosophy
“All this to say, there is no optimistic version of the future in which humanity does not use significantly more energy than it does today.” – Hodl’n Caulfield & Selene Lindstrom What is the connection between Bitcoin, human prosperity, and the...
by Guy | Jun 2, 2021 | Culture, Energy
“If there is ever competition for the energy that the Bitcoin miners are buying, the miners turn off their machines, perhaps to turn them back on later in a real-time response to grid loads. This relationship is poorly understood by many, leading to a popular...
by Guy | May 20, 2021 | Economics, Energy
“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...
by Guy | May 1, 2021 | Economics, Energy
“It is truly impossible for the petrodollar system to be green when it is based on black gold.” – Alex Gladstein Today we have another brilliant piece by Alex Galdstein, published on Bitcoin Magazine about the Petrodollar system, how it came about,...
by Guy | Apr 22, 2021 | Energy
“Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities...