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CoinDesk Podcast Network

MONEY REIMAGINED: ‘Mining Your Share’ - The Carbon Footprint of Bitcoin With Troy Cross | Part 1

CoinDesk Podcast Network

CoinDesk

News, Daily News, Tech News, Business News

4.7698 Ratings

🗓️ 12 May 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

This episode is sponsored by EY. We are celebrating CoinDesk's 10-year anniversary of reporting on the crypto and bitcoin community this week. So on this episode of “Money Reimagined,” Michael Casey and Sheila Warren dive deep into the world of Bitcoin mining and the fight against climate change with environmentalist and Bitcoin mining OG  Troy Cross, Professor of Philosophy and Humanities at Reed College and a Fellow at the Bitcoin Policy Institute. From our Sponsor:  EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com - Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This episode is sponsored by EY.

0:09.1

Money is changing, both in form and function.

0:15.0

Money Reimagined is about the changing nature of money, digital currencies, and various topics related to finance,

0:21.8

blockchain technology, artificial intelligence, and more.

0:25.7

Michael Casey and Sheila Warren walk us through the dynamic and evolving nature of the global economy

0:31.1

and the implications for businesses, governments, and individuals, as they must adapt to new

0:36.5

payment methods and technologies.

0:39.3

Welcome to Money Reimagined.

0:46.9

Hello and welcome to Money Reimagined. I'm Michael Casey coming to you over the CoinDest

0:52.5

Podcast Network or wherever you get your podcasts.

0:55.9

Here amid the 10-year anniversary of CoinDest, a very exciting period for us this time.

1:01.5

Looking back, we were in the middle of this historic, this opportunity to look back at

1:05.8

where this industry has gone, where the crypto industry has gone over the past decade

1:10.3

in CoinDest covering that. We've just come out of consensus, of course, many would know that. And so there's

1:14.4

a real sense of like moment here. And Sheila, my co-host Sheila Warren, joining us as always, of course,

1:20.5

or nearly as always, you know, the topic of the environmental concerns, the whole never-ending

1:25.9

discussion debate, polemic over Bitcoin and its carbon footprint

1:32.1

and so forth is one of those things that I think if you look back over 10 years of Coin-Disc

1:35.5

coverage, you would see you pop up quite a bit. And I'm thrilled today that we've got Troy Cross

1:40.1

joining us, who I think of as the great philosopher of this issue and is able to is to put these

1:45.7

things in context and I think hopefully help us try to understand how we can, I don't know,

1:50.6

shift the narrative around this because I feel like it's a broken one. We've had a number of

...

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