
Bitcoin- better than traditional banking or wasting energy? Jeff Booth
About this episode
Welcome to Sazmining's Deep Dive into Solar Energy! Will speaks with Jeff Booth, author of The Price of Tomorrow. This episode covers inflation and deflation, what makes bitcoin so different compared to the traditional banking system, how does bitcoin mining effect society & energy consumption and how to discuss bitcoin mining's energy consumption in an effective way.
THIS EPISODE’S SPONSORS:
Amerex- https://sazmining.com/amerex/
BlockFi- https://blockfi.com/sazmining
TIMESTAMPS:
0:00-1:00 - Introduction
1:05-10:45 - Jeff's fundamental beliefs about bitcoin mining & solar energy
10:45-16:54 - Energy's role in society
17:19-22:30 - Future Trends
22:30-26:28 - What makes Bitcoin so special compared to traditional banking?
26:28-30:48 - How do you look at Bitcoin's Energy Consumption?
30:48-32:31 - The Perfect Currency
32:31-35:53 - What impact does bitcoin mining have on society & the environment?
35:53-40:00 - Go-to explanations to counter mainstream media narrative?
40:20-16:54 - How are things likely to evolve in the next 5-10 years?
47:20-48:17 - Conclusion
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