#263: The Bitcoin Mining Council and ESG with Michael Saylor, Darin Feinstein, and Austin Storms

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8 • 764 Ratings

🗓️ 14 July 2021

⏱️ 103 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Join Marty as he sits down with Michael Saylor, Darin Feinstein, and Austin Storms to have a discussion about the Bitcoin Mining Council and the ESG movement.

Follow Michael on Twitter

Follow Darin on Twitter

Follow Austin on Twitter

Shoutout to this week's sponsors.

Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse when you download the app.

Lend at Hodl Hodl is a new non-custodial bitcoin backed lending platform, that allows peer to peer lending and borrowing between users, globally, anonymously & on your own terms. Create you offers & set your own terms on lend.hodlhodl.com

Compass Mining. Compass wants to democratize bitcoins hashrate and give everyone the ability to strengthen the network while mining bitcoin profitably. Thanks to Compass, it’s never been easier to mine bitcoin. Check them out at compassmining.io

Braiins. Braiins are leaders in the mining industry; running Slush Pool, creating firmware to make miners more profitable (Braiins OS+), and building out Stratum V2 to help further decentralize mining and make Bitcoin more robust. Check out their mining profitability calculator.

Transcript

Click on a timestamp to play from that location

0:00.0	What is up, Freaks? It's your boy, Marty Bent, here to introduce this episode of Tales from the Crypt.
0:05.1	I sat down with Michael Saylor for Micro Strategy, Darren Feinstein, from Blockcap, Austin Storms.
0:15.1	He was our head engineer at Great American Mining. We sat down to talk about the Bitcoin Mining Council and ESG.
0:22.8	Big back and forth. What's going on here?
0:26.2	I guess we're going to listen to the conversation. You may have listened to it already during
0:29.5	the live stream. We had a live stream for this last night. Yeah, my mind's racing after it too.
0:36.1	I guess one thing I'd like to comment on before we jump into this episode is a comment made by Michael Saylor.
0:48.0	Towards the end of the conversation about picking battles.
0:50.6	I think it's a, I agree, we have to pick our battles wisely.
0:57.4	And should we be battling with the ESG narrative right is this a wise battle to choose is it distracting from lower hanging fruit
1:08.6	that could be taken care of in the meantime i'd argue i do think i do think
1:13.1	this is a battle worth picking because if we don't pick it now it's just going to be uh much harder
1:18.1	to fight in the future if esg is successful in using the trillions and trillions of dollars of capital
1:24.9	uh in its war chest to co-opt a section of the Bitcoin industry,
1:31.4	not even just mining.
1:32.4	You can extend ESG to a bunch of other companies, including one of the sponsors,
1:39.4	Cash Hat.
1:41.0	Square is publicly traded.
1:43.0	They have shareholders as well.
1:45.3	They could be beholding to ESG at some point, unwillingly.
1:52.2	So therefore, is this a battle worth picking?
1:54.0	I would argue yes.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Marty Bent, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marty Bent and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.