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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

BTC102: Bitcoin Lightning Network Changing the Energy Sector w/ Austin Mitchell (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.63.6K Ratings

🗓️ 2 November 2022

⏱️ 55 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 01:13 - Austin Mitchell's Background and research in the energy sector. 10:40 - What problems do energy companies currently deal with that Bitcoin can potentially solve? 31:08 - What does the potential future with Bitcoin look like with energy companies? 35:13 - How does the lightning network offer solutions in the energy sector? 36:35 - Use cases and specific problems around the world where Bitcoin is currently offering a solution. 48:02 - What is his company Synota currently working on to solve these problems? 51:24 - How does Austin's company currently try to tackle the issues at hand? Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Austin's Company: Synota. Austin Mitchell's Twitter. Austin's Article: Towards a Future of Energy Abundance. SPONSORS Support our free podcast by supporting our sponsors: Bluehost Fintool PrizePicks Vanta Onramp SimpleMining Fundrise TurboTax Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TI-P.

0:02.8

Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals podcast.

0:07.1

On today's show, we're talking about Bitcoin energy and how the lightning network is being

0:11.1

used to revamp the way that working capital is being used between energy providers that

0:16.1

will make the entire system more efficient and optimized.

0:19.6

This is a fascinating discussion with my guest, Dr. Austin Mitchell, who's got a doctorate

0:24.3

and energy and environmental policy, and his post-doc was research in methane emissions.

0:29.7

He has spent his entire career in the energy space, and this is a chat that just demonstrates

0:34.5

how fast this entire space is moving out.

0:37.6

So with that, here's my chat with Austin.

0:43.0

You're listening to Bitcoin Fundamentals by THE Investors Podcast Network.

0:48.6

Now for your host, Preston Pish.

1:05.0

Thank you, Preston.

1:21.4

You have to have this feeling like how in the world am I sitting at this intersection of

1:27.2

all these things in my past to be at this exact moment in time to be building out what

1:31.9

you're going to tell us about during this interview?

1:33.6

It has to be a little pinch me, I can't believe everything has led to this.

1:39.2

Yeah, thank you.

1:40.2

There was definitely a moment in my career where I actually sort of realized that there was

1:44.4

some intentionality behind how I was sort of stepping through different roles in different

1:48.8

companies.

1:49.8

That probably happened somewhere after I finished my PhD at Carnegie Mellon back in 2013,

...

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