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Bloomberg Hires Actor Kal Penn to Attack Bitcoin | EP 675

Simply Bitcoin

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The Civil Infrastructure Benefits of Bitcoin Mining

A lot of people are bearish on Bitcoin because of the price action. The reason that I wrote this article, as I put it in the subtitle is the civil infrastructure benefits of Bitcoin mining. If your infrastructure is going as far as you want, you can effectively allow for city and municipal and national energy infrastructure to actually outpace the demand of the grid itself. And then we're talking about a real future where everybody's freaking out because electricity is so costly.

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