BREAKDOWN: This Earth Day, Let's Reclaim the Bitcoin Energy Debate
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 22 April 2021
⏱️ 14 minutes
🧾️ Download transcript
Summary
Bitcoin mining isn’t destroying the planet, it’s creating a solution to key problems of renewable energy.
This episode is sponsored by Nexo.io.
Today on the Brief:
- Crypto M&A heats up
- Is ETH deflationary now?
- Cathie Wood is the Michael Saylor of Coinbase stock
Our main discussion:
Square’s Bitcoin Clean Energy Initiative and ARK Investments have teamed up to release a memo about how bitcoin addresses key issues in the renewable energy space. Not only do renewables make sense as an energy source for mining, but bitcoin mining as “the energy buyer of last resort” could address key issues of intermittency and grid congestion.
-
Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.
-
Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!)
-
Image credit: Iaremenko/iStock/Getty Images Plus
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. |
| 0:40.8 | Start your free 30-day trial at audible.com slash Wondery UK. |
| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:53.8 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:05.6 | The breakdown is sponsored by nexo.io and produced and distributed by CoinDes. |
| 1:14.3 | What's going on, guys? It is Thursday, |
| 1:21.2 | April 22nd, and today is Earth Day. So for Earth Day, let's reclaim the Bitcoin energy debate, |
| 1:30.5 | shall we? Before we do that, let's do the brief. First up on the brief today, Crypto M&A is in full swing. I've said a bunch of times that this is going to be one of the key trends to watch this year, and there are a number of reasons |
| 1:34.5 | for that. First, you have flush balance sheets. Companies in the crypto space have cash, and they |
| 1:40.1 | want to leverage that cash to accelerate and advance their position in the market. Second, you have bigger competition, more companies going after bigger pies, which means inevitably |
| 1:49.4 | some amount of joining forces trying to find edges through acquisitions. And as a part of that, |
| 1:54.2 | you also have new entrants into the market, i.e. traditional finance companies who are now |
| 1:59.1 | able to offer crypto services. The byproduct of that is likely |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.