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TFTC: A Bitcoin Podcast

#518: Does The Energy Industry Need Bitcoin? with Andrew Myers

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 28 June 2024

⏱️ 77 minutes

🧾️ Download transcript

Summary

Back in March, Marty sat down with Andrew Myers to discuss Satoshi Energy.


Andrew on Twitter: https://x.com/acmyers

Satoshi Energy: https://satoshienergy.com/


0:00 - Intro
0:50 - How regulation harms the energy industry
12:08 - River and Bitkey
13:30 - Mining solves the fragility of centralized power
21:00 - Bitcoin strategies for energy companies
26:37 - Direct payment for energy
34:26 - Gradually, Then Suddenly & Zaprite
36:03 - Determining optimal power mix
44:10 - What miners need to know about power companies
50:13 - Batteries
57:02 - Regulatory attacks
1:00:32 - Sound leadership
1:07:02- Psyops and lists
1:10:11 - We’re gonna win
1:13:15 - Texit

Shoutout to our sponsors:

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⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Gradually, Then Suddenly⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠


TFTC Merch is Available:

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Transcript

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0:00.0

This rip of TFTC was brought to you by River.

0:07.5

It's the best place to buy Bitcoin.

0:09.7

Go to river.com slash TFTC and enjoy this episode. You've had a dynamic where money has become freer than free.

0:24.7

If you talk about a Fed just gone nuts, all the central banks going nuts.

0:30.3

So it's all acting like safe haven.

0:32.5

I believe that in a world where central bankers are tripping over themselves to devalue their currency,

0:38.3

Bitcoin wins. In the world of fiat currencies, Bitcoin is the victor.

0:43.3

I mean, that's part of the bold case for Bitcoin.

0:45.3

If you're not paying attention, you probably should be.

0:48.3

Andrew, we miss you in, we miss you in Austin, Texas. It's good to have you back. It's awesome to be here, always. I was thinking about the, I came to my first bit devs in Austin in like early 2021 at the old Unchained office and just the mental vibration in that room. I was like, I got to be here.

1:11.8

Yeah. So every time coming back to the commons is awesome. Yeah, especially on days like today.

1:15.7

I'm sure you freaks are hearing some background noise right now. We've got the Pleb Lab Builder Day

1:21.0

going on. Fives are high. South by Southwest in Austin, Texas. Trying to do the takeover here at the Commons.

1:29.3

It's great to see more people in town.

1:31.0

Is Austin the Bitcoin capital of the world in your mind?

1:34.9

I think it has to be.

1:36.7

People should come experience the energy for themselves.

1:38.9

Go to a bit devs, go to a, they have like the lightning day, the Bitcoin day, day um this club lab thing to take over tomorrow

1:47.8

it's uh it's refreshing it's like a reminder of why you're in this industry yeah like you can read

1:53.9

what's on twitter read what's in the news work on your computer from home but until you're in

1:58.0

an environment like this um just like that that's when you realize why you're

2:02.3

here yeah why are you here what brought you here how deep were you going we're going very deep

...

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