BTC124: Bitcoin is a Strategic National Necessity w/ Pierre Rochard (Bitcoin Podcast)

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

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 4 April 2023

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Preston Pysh and Pierre Rochard talk about the current draft bill in Texas that's trying to limit Bitcoin mining and what this means in the broader context of state's rights and their competition between local jurisdictions. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:10 - Why Pierre was in the Texas Congress testifying about the benefits of Bitcoin and it's mining infrastructure. 04:40 - Explain why Bitcoin is a National Security issue if a country fails to adopt and understand it. 07:55 - How much settlement is currently happening on Bitcoin and why is that important? 08:48 - Why Demand Response System are important to ensure grid stability. 23:50 - Who is the customer of Bitcoin mining? 36:08 - State rights issues and bipartisanship with respect to Bitcoin. 38:08 - What is the cost of running the existing fiat system compared to Bitcoin? 42:51 - Why CBDCs are so dangerous to freedom in the United States. 48:27 - Choke-Point 2.0. 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. Pierre Rochard's Twitter. Riot Mining. More information about this draft TX Bill. Related episode: Listen to BTC116: Bitcoin Ordinals and NFTs on Layer 1 Bitcoin w/ Pierre Rochard, or watch the video. Related episode: Listen to BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre & Morgen Rochard, or watch the video. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Briggs & Riley American Express The Bitcoin Way Public Onramp USPS Simon & Schuster SimpleMining Vacasa Shopify AT&T iFlex Stretch Studios 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 TIP.
0:03.0	Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals podcast.
0:07.1	On this week's episode, I have the pleasure of talking with Mr. Pierre Rochard, who's
0:10.9	the vice president of Riot platforms.
0:13.5	We talk about the current draft bill in Texas that's trying to limit Bitcoin mining and
0:17.7	what this means in the broader context of states' rights and their competition between
0:22.3	local jurisdictions.
0:24.1	With states like Texas, Wyoming, and Florida leading the way in pro-Bitcoin legislation,
0:29.2	sharing some of the counterarguments and ideas set forth in this particular domain may
0:33.9	be useful for other locales to pay attention to and to focus on.
0:38.6	So with that, here's my chat with the ever-thoughtful Pierre Rochard.
0:42.6	You're listening to Bitcoin Fundamentals by the Inverstice Podcast Network.
0:51.3	Now for your host, Preston Pish.
0:59.2	Hey everyone, welcome to the show.
1:06.5	Back by popular demand, I got Pierre Rochard here with me, Pierre.
1:09.9	Welcome back to the show.
1:10.9	Hi Preston, glad to be back.
1:14.0	Here's where we need to start, right?
1:16.0	We've been having these conversations for, I don't even know how many years at this point.
1:21.4	And you know, I'm online and I see this in my Twitter feed.
1:26.0	Can you see my screen, Pierre?
1:27.9	I sure can.
	...

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