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Episode 251 - Was I wrong about Bitcoin? (Patreon)

Published:
2024-12-31 13:21:01
Imported:
2026-06
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Content

Bitcoin is becoming a mainstream thing and its position will probably be even more cemented by the upcoming Trump administration. Does this mean I was wrong about Bitcoin and cryptocurrency?

Texas House introduces bill to establish a strategic bitcoin reserve: https://www.cnbc.com/2024/12/12/texas-house-introduces-bill-to-establish-a-strategic-bitcoin-reserve.html

The Bitcoin White Paper: https://bitcoin.org/bitcoin.pdf

Cryptocurrency’s Dirty Secret: Energy Consumption: https://news.climate.columbia.edu/2022/05/04/cryptocurrency-energy/

Files

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Comments

Shazbot

I need to hear this perspective because Andreas Antonopoulous gave me hope for Bitcoin'd future but only ever mentioned layer solutions to the problems it has. It's weird to see it get hijacked from its potential as a revolutionary technology. Nearly everyone I meet who is enthusiastic about Bitcoin is only excited about the speculative side and uninterested in any technical talk about it.

Harr
>>160225281

Which is a kind of silly when you consider that their speculation could benefit a lot from technical discourse like it not being quantum-proof and being slow to process transactions and insanely energy intensive.

The Hated One
>>160225281

Yeah I feel like the bitcoin tech has been left frozen and all hope of progressive development has been abandoned in favor of layer 2+ solutions. I don't know if there is any hope to salvage this situation.