Mining

Bitcoin Adoption, the Halving & Mining with Colin

Bitcoin Adoption, the Halving & Mining with Colin Harper

#Bitcoin #Adoption #Halving #Mining #Colin

“What Bitcoin Did”

SHOW NOTES:

“All of the different sub communities in Bitcoin are really starting to ask themselves and the other sub communities ‘why are you here? Are we sacrificing everything for number-go-up?’ Well number-go-up…

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26 Comments

  1. this is one of the reasons why the bitcoin mining mechanism isnt as great as you guys seem to think it is. Mining is just trading money for hardware + electricity and than trading that electricity for bitcoin. In 99% of all cases it is just more efficient to directly trade money for bitcoin. just like you peter most people in mining would have made much more profit if they'd just bought the bitcoin instead of mining them. this ofc lead directly to the second thought: If the only reason people buy bitcoin is number go up, its just a glorified pyramid scheme.

  2. 7:27 as someone who used to commute to San Francisco, closing public toilets is a REALLY BAD IDEA. Elevators and the ends of train platforms become urinals and those who really have to poop drop it somewhere.

  3. Slight disappointing that after talking with Dave Smith Peter still doesn't understand Libertarianism, it's not that there aren't regulations or rules but it's that these rules are created and enforced by the market rather than through the violence of state.

    Also the left started identity politics not Trump, Trump was the much needed push back to it

  4. Hi Peter, been listening to your podcasts for a few months now and I have to say hands down this is the best crypto podcast. Informative, amazing guests and free-flowing quality conversations. Love your work in education people about the bitcoin world, but also the amazing work you are doing for your home town. Kudos to you my friend.

  5. I view NFT’s as digital collectibles, like trading cards or like a signed EPL jersey from a big game, people like the bragging rights of having something rare but I think they know that it may or may not be worth much in the future, but maybe it will. It depends on whether it was Messi’s jersey at 17 or some lesser known player at 17. With traditional collectibles there isn’t this expectation on the seller that its value will go up. The risk is completely on the collectible owner. But with NFT’s there’s this additional pressure building, like you guys discussed in the show, from the money being broken where people are desperate to make back what has been stolen from them thru inflation.

  6. Peter: we need regulations because some (in his opinion) are good.

    Then goes on to describe why Bitcoin is good because it can't be regulated. For example, sanctions can be avoided by mining in Russia.

    Bitcoin is good because it cannot be regulated. Someone else might think the regulations you think are good are actually bad. Bitcoin is a method by which other people don't need to suffer the regulations you think are good.

  7. Another great show, guys, appreciated! Just one thing I have to correct, Peter: It's not the biggest Bitcoin podcast in the world. @Blocktrainer is a German Bitcoin-only channel with 154k subscribers.

  8. Classic UK local councils. Watch clarksons Farm and they have to deal with the same shit constantly. The councils in this country are definitely not impartial and extremely biased

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