Dan and Trent do a judo move on this tired narrative. 

Episode #8: Bitcoin and Energy

• In person!
• Major issue for Bitcoin: the criticism it uses too much energy.  One of the very first things people hear about Bitcoin
• Bitcoin is the honey badger: it gives no fucks
• We are going to flip this narrative on its head.  Topsy Turvey.  Bitcoin uses a lot of energy and that is a very good thing for the world.
• Energy usage directly related to human flourishing and always has
• Why does Bitcoin use a lot of energy?  Proof of work
  • You cannot get something from nothing
  • Bitcoin is antidote to Fiat system
  • Proof of work imposes an unforgeable costliness on the production of Bitcoin.  You cannot fake it.
• Why is this a good thing?
  • Bitcoin incentives energy production, in particular renewables
  • Renewable energy is intermittent, Bitcoin is the best buyer the renewable industry has ever seen
  • Bitcoin mining is location-agnostic, it seeks out cheap and excess energy globally
  • Removing methane from atmosphere (which is 80 times worse than CO2)
• Song of day: Beginning To See The Light by The Velvet Underground