👉 Bitcoin Tech Talk #227
Bitcoin Subsidizes Energy Production. Bitcoin Tech Talk #227
Energy has been and continues to be optimized for availability, that is, allowing those that want it to get access when they want. It would be a terrible experience, for example, to have to wait for energy to become available to turn on lights or run a refrigerator. As such, there is necessarily over-capacity so that when there’s a surge in demand, say during a particularly cold day when everyone is heating their homes, they can meet that demand. In other words, there’s a lot of energy that could be produced, but isn’t, simply because there isn’t a market for them.
Bitcoin Tech Talk #227 also includes updates on the following:
- Bitcoin
- Lightning
- Economics, Engineering, Etc.
- Quick Hits
- Jimmy’s attended events and podcasts