Peyton Allworth on Nostr: Peyton Allworth Bitcoin mining creates location independent energy demand. Cheapest ...
Peyton Allworth (npub16eq…u3m6)
Bitcoin mining creates location independent energy demand. Cheapest energy wins and gets cheaper by economies of scale.
Because of this…
When you build applications on Bitcoin you don’t just solve a problem or bring down the market equilibrium price with your product or service.
You don’t just help the unbanked bitcoin bag holders getting pulled out of poverty by their bitcoin savings.
You increase the energy consumption of the Bitcoin network, helping us get to a future where abundance of energy orders of magnitude above today is available to everyone.
The most efficient way to help make the 🌍 a better place is to #stacksats and #buildonbitcoin
Bitcoin mining creates location independent energy demand. Cheapest energy wins and gets cheaper by economies of scale.
Because of this…
When you build applications on Bitcoin you don’t just solve a problem or bring down the market equilibrium price with your product or service.
You don’t just help the unbanked bitcoin bag holders getting pulled out of poverty by their bitcoin savings.
You increase the energy consumption of the Bitcoin network, helping us get to a future where abundance of energy orders of magnitude above today is available to everyone.
The most efficient way to help make the 🌍 a better place is to #stacksats and #buildonbitcoin