So I don't think these central bank digital currencies or anything like that,

or they're just not going to work, right?

The U.S. government struggles to build a website. How the hell is it going to build CBDC? You use Bitcoin to fund it. Use AI to think through the design and then use robotics to build it. So what does that mean? The cost of energy then asymptotically approaches zero? Right. I think this has been a bit of a wake-up call to policymakers at the local state and federal level to really adapt and then surpass Chinese energy production.

It's not going to happen overnight.

If you're looking at the founding ethos of the United States, I think Bitcoin might be the most American technology there has ever been.

Can Bitcoin help save America or revivify it in some way?

Matt, good to see you. Good to see you as well. Thank you so much for joining me here in the studio.

It's been a long time coming. I think we've been working on this for about a month.

Yeah. I'm excited to talk to you. I know we had a really good call before deciding to do this.

And so I'm hoping we can capture some of those fireworks today too. Definitely.

Let's start with a very broad question.

I think this is important for people that don't understand Bitcoin.

You know, Bitcoin mining.

Obviously, it's a metaphor.

It's not actually people out there with picks and shovels.

It's one of the most important parts of Bitcoin, if not the most important part.

It's where the rubber meets the road, so to speak.

But describing it to someone who's a no-coiner is very confusing. So like, how do you approach this topic with someone who is completely unfamiliar with Bitcoin and Bitcoin mining?

So Bitcoin mining, you can really think of as the headline, is we turn energy

into currency, right? Now, avoiding the concept of what kind of currency it is, I'm sure we'll get to

that. I think what's really interesting about mining is that we act as somewhat of the guardians

of the Bitcoin network. Right. So this is a $2 trillion plus asset class. It's owned by tens

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