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Bitcoin is a Pioneer Species with Brandon Quittem

Peter McCormack
196K subscribers
13K views 2 years ago The Peter McCormack Show
SHOW NOTES: https://www.whatbitcoindid.com/podcas... Brandon Quittem is a writer and Communications Director for Swan Bitcoin. In this interview, we discuss his latest article: ‘Bitcoin is a Pioneer Species’, where he compares Bitcoin miners to species that settle and populate barren landscapes triggering the development of more advanced ecosystems. THIS EPISODE’S SPONSORS: Gemini - https://www.gemini.com/ Wasabi- https://www.wasabiwallet.io/ Ledn - https://www.ledn.io/ Fidelity Investments - https://crypto.fidelitycareers.com/ Ledger - https://www.ledger.com/ BCB Group - https://hubs.ly/Q011cb730 TIMESTAMPS: 00:00:00 Pacific Bitcoin Conference 2022 00:08:00 Mastering energy; climate adaptation 00:24:20 Bitcoin is a pioneer species 00:40:21 Fourth turning; Bitcoin & hope; energy myths 00:53:58 Nuclear is key, deflationary future 01:06:11 Satoshi’s genius; spending Bitcoin & Lightning 01:17:03 Bitcoin & energy symbiosis; early adopters 01:26: …...more
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Bitcoin is a Pioneer Species with Brandon Quittem
516Likes
13,343Views
2022Dec 9
SHOW NOTES: https://www.whatbitcoindid.com/podcas... Brandon Quittem is a writer and Communications Director for Swan Bitcoin. In this interview, we discuss his latest article: ‘Bitcoin is a Pioneer Species’, where he compares Bitcoin miners to species that settle and populate barren landscapes triggering the development of more advanced ecosystems. THIS EPISODE’S SPONSORS: Gemini - https://www.gemini.com/ Wasabi- https://www.wasabiwallet.io/ Ledn - https://www.ledn.io/ Fidelity Investments - https://crypto.fidelitycareers.com/ Ledger - https://www.ledger.com/ BCB Group - https://hubs.ly/Q011cb730 TIMESTAMPS: 00:00:00 Pacific Bitcoin Conference 2022 00:08:00 Mastering energy; climate adaptation 00:24:20 Bitcoin is a pioneer species 00:40:21 Fourth turning; Bitcoin & hope; energy myths 00:53:58 Nuclear is key, deflationary future 01:06:11 Satoshi’s genius; spending Bitcoin & Lightning 01:17:03 Bitcoin & energy symbiosis; early adopters 01:26:02 From megacities to parallel societies 01:30:58 Bitcoin’s moral imperative WHERE TO FIND THE SHOW: → My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR → YouTube: https://bit.ly/3nyi9Ez → TuneIn: https://bit.ly/2ywystr LISTEN TO OLD EPISODES: → By guest: https://www.whatbitcoindid.com/guests/ → By topic: https://www.whatbitcoindid.com/topics/ → Transcriptions: https://www.whatbitcoindid.com/transc... SUPPORT THE SHOW: → https://www.whatbitcoindid.com/sponso... → Become a Patron:   / whatbitcoindid   → Subscribe on iTunes → Leave a review on iTunes → Share the show out with your friends and family on social media → Drop me a line on hello@whatbitcoindid.com WHERE TO FOLLOW ME: → Twitter:   / whatbitcoindid   → Medium:   / whatbitcoindid   → Instagram:   / whatbitcoindid   → Facebook:   / whatbitcoindid   → YouTube:    / whatbitcoindidpodcast   → Website: https://www.whatbitcoindid.com/ → Email list: https://www.whatbitcoindid.com/subscr... LEARN ABOUT BITCOIN: → Step by Step Guide: https://www.whatbitcoindid.com/learn-... → Training: https://www.whatbitcoindid.com/training/ → Resources: https://www.whatbitcoindid.com/resour... #Bitcoin #Finance #Economics **** “Bitcoin mining is everything you don’t understand about energy, combined with everything you don’t understand about Bitcoin.” — Brandon Quittem Brandon Quittem is a writer and Communications Director for Swan Bitcoin. In this interview, we discuss his latest article: ‘Bitcoin is a Pioneer Species’, where he compares Bitcoin miners to species that settle and populate barren landscapes triggering the development of more advanced ecosystems.
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The acceptance of Bitcoin is an acceptance of the need for continuous education and receptivity. This past year has shown why: Bitcoin mining has been transformed from being a critical but specific cog in the often misunderstood Proof of Work protocol to a tool with the potential to transform the global energy industry. Nobody foresaw this. Going down the rabbit hole now involves gaining knowledge of energy systems: production methods, grids, distribution networks, batteries, energy economics etc. This knowledge is both a blessing and a curse. A blessing in that the veil of ignorance is lifted on this vital industry showing politicians are driving blind with their policy decisions. A curse in that those sceptical that Bitcoin can change finance, are now incredulous when we state it can transform energy too. But the logic is clear. Bitcoin can harness electrical energy anywhere in the world. In doing so it can facilitate and thereby fast-track the build-out of energy in isolated environments, becoming a bridge for costly downstream investment needed to connect such sources to a grid. All of this without any need for a state subsidy, or international coordination. Bitcoin can therefore revitalise existing populations: currently, a billion people don’t have access to electricity. Imagine what benefits could be brought by integrating these people into the digital economy. Bitcoin mining can also be the pioneer species for previously uninhabited areas of the planet. It can take barren areas and provide the economic basis from which further development can grow. Contemplating that should make it clear: we’re still so very early!
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The Peter McCormack Show
Peter McCormack

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Peter McCormack

196K subscribers