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The David Knight Show

INTERVIEW Will Bitcoin Miners Be Squeezed Out by AI Power Demands? Will We?

The David Knight Show

David Knight

Politics, News, Society & Culture, Religion & Spirituality, Christianity

4.6765 Ratings

🗓️ 15 August 2024

⏱️ 35 minutes

🧾️ Download transcript

Summary

  • AI already uses as much power as mining and will use far more in a couple of years.  AI can earn 17-25 times as much per kWh as Bitcoin.  Will Bitcoin be squeezed out?  If it relocates, will electricity for the rest of us be scare and/or far more expensive?
  • Will Bitcoin be co-opted for CBDC?  What can we learn from the creation of the internet and the struggle for control?
  • Trump says, as President, he thinks he should have a say in the Fed's determination of interest rates.  What does that tell us about his view of the Fed?
Tony Arterburn, DavidKnight.gold, joins

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Transcript

Click on a timestamp to play from that location

0:00.0

And joining us now is Tony Arterbin.

0:06.6

He has Wise Wolf Gold and Tony.

0:08.9

And I go back a long way.

0:10.5

And Tony has set up David Knight.Gold.

0:13.7

That'll take you to Wise Wolf.

0:15.9

A great place to get yourself some wealth protection.

0:20.2

As I was talking about yesterday, people always talk about the price of gold.

0:24.5

But there was an article, and Tony has talked about this in the past as well,

0:29.9

where this one individual went back and looked at the price of a whole bunch of different things,

0:36.0

from how much does a ski lift ticket cost,

0:38.2

to how much a beer cost at the October Fest in Munich,

0:43.2

price these things in gold.

0:45.4

Then he says, this is the key.

0:47.9

You look at the price in gold of something

0:50.8

instead of the price of gold compared to currency

0:52.9

because it's all over the place with various currencies. again if you want to protect your wealth and store of value

1:00.4

and if you want to protect your privacy you can get gold and silver at wise wolf gold you can

1:06.0

go david knight dot gold that'll take you there and also Tony has the Wolfpack, which allows you to gradually accumulate.

1:12.8

You pick the amount that you want to set aside each month.

1:16.2

And you can get a group discount by being part of Wolfpack.

1:20.3

Thank you for joining us.

1:21.4

Tony.

...

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