In this episode, Andrew Myers shares his vision of bitcoin revolutionizing global power markets by making them more permissionless and efficient. He explains why entrepreneurship could become easier under a bitcoin standard, evaluates the sustainability of mega mining farms (100+ MW), and looks into the future of global energy production in relation to bitcoin miners.
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TIMESTAMPS:
00:06:19 Entrepreneurship under a bitcoin standard
00:08:25 Bitcoin adoption in the energy sector
00:13:57 Credit worthiness of bitcoin miners
00:16:30 Are mega mining farms (100MW+) sustainable?
00:18:17 Will bitcoin lead to the development of new energy technologies?
00:20:07 Will the world continue to produce exponentially more energy?
00:24:22 Will countries that embrace bitcoin have a massive advantage?
00:26:55 How will bitcoin change power prices?
00:30:54 “Who will build the roads (transmission lines)?”
00:41:04 Will bitcoin create sovereign self-sufficient communities?
00:42:19 Block subsidy trending toward 0
00:46:01 Merging of the mining and energy industries?
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