Podcasts about energy use

Welcome, Regenerators! In this special bonus episode of Care More Be Better, we bring together Parts 9 and 10 of our Regeneration series inspired by Paul Hawken's groundbreaking book, Regeneration: Ending the Climate Crisis in One Generation. Trimmed for your listening pleasure.Part 9: Energy We dive deep into renewable energy—from solar and geothermal to wind and microgrids. We discuss the rise of electric vehicles, heat pumps, energy storage innovations, and the need to electrify everything. I even share my journey of switching banks away from JP Morgan Chase, which heavily funds fossil fuels, and what that kind of vote-with-your-wallet action means.Part 10: Industry We take on the hard truths about Industry—Big Food, Healthcare, Plastics, Fashion, War, and more. We explore how extractive capitalism must be replaced with regenerative thinking and practice. Along the way, I weave in insights from prior podcast guests and offer honest, tangible actions we can each take.Key Topics Covered:Fossil fuel phaseout & the renewable revolutionElectric vehicles, energy efficiency & infrastructureSolar, geothermal, and microgrid innovationRegenerative agriculture's connection to healthThe politics and economics of extractive industriesFashion waste, plastics pollution, and clean tech solutionsCarbon offsets vs. carbon onsetsResources & Links:Visit CareMoreBeBetter.com to access full transcripts, guest bios, YouTube videos, and moreLearn more about regenerative fashion from Caroline Priebe (Ep. 14) and Anca Novacovici (Ep. 33)Carbon: The Book of Life by Paul Hawken Regeneration: Ending the Climate Crisis In One Generation by Paul Hawken INTERVIEW WITH PAUL HAWKEN (Ep. 38): Regeneration: Ending The Climate Crisis In One Generation with Paul Hawken, 5 Time Best-selling Author and Environmentalist11 Part Series on Regeneration: Ending the Climate Crisis In One GenerationRegeneration Part 1: Podcast Updates And Regenerating Our Oceans Regeneration Part 2: Forests And Their Role In Climate Change Regeneration Part 3: Wild Things and Wilding, A Review of Paul Hawken's Book on Ending The Climate Crisis in One Generation Regeneration Part 4: A Review of The Climate Activist Portal – Nexus – on Regeneration.org with Anca Novacovici, Tia Walden, Julie Lokun and Nicole Davis Regeneration Part 5: Land, Regenerative Agriculture and Soil Restoration To Reverse Global Warming Regeneration Part 6: People, Indigeneity and Our Role In Reversing Global Warming Regeneration Part 7: Cities, Green Architecture, The Living Building Challenge and Getting To Net Positive Regeneration Part 8: Food, The Need for Localization and Decommodification To End The Climate Crisis Regeneration Part 9: Energy Use, Renewal and Storage As We Transition Away from Fossil Fuels and Electrify Everything Regeneration Part 10: Solving The Climate Crisis By Regenerating Industries Regeneration Part 11: The Role of Action + Connection In Reversing Global WarmingJoin the Conversation: Have a question for Paul Hawken? Please send me a DM on Instagram or an email to hello@caremorebebetter.com.JOIN OUR CIRCLE. BUILD A GREENER FUTURE:

In this special replay, we unite two dynamic explorations from Paul Hawken's Regeneration: Ending the Climate Crisis in One Generation, focusing on how cities and food systems can be transformed for the better. From living buildings to urban farms, from rethinking meat to minimizing food waste—this episode offers a hopeful, actionable roadmap to regeneration.What You'll Learn:How cities can shift from being carbon culprits to climate solutionsThe role of green architecture and the Living Building ChallengeWhat the 15-minute city really means (and why Paris is leading the charge)How food systems became the #1 cause of climate change—and how we can reverse thatReal solutions for food waste, access, and biodiversity in our dietsWhy “eating everything” (not just 3 crops!) matters for our health and the planetPractical ways to support regenerative change in your daily lifeMentioned In This Episode:Regeneration by Paul HawkenBlocPower and founder Donnel BairdRooftop Roots, Lufa Farms, and other inspiring urban farming examplesJonathan Safran Foer's We Are The WeatherEpisode 20: Interview with Howard Schiffer of Vitamin AngelsTalking Home Renovations with Katharine MacPhailCareMoreBeBetter.com | Newsletter & Activist GuideSupport the Pod: If you value this work, support Care More Be Better on Patreon: caremorebebetter.com/support Share with a friend. Leave a review. Be part of the regenerative wave.

In this episode, we sit down with Selina Tobaccowala, co-founder and CEO of HomeBoost, to discuss her journey as a serial entrepreneur and tech leader. From her early days at Evite to scaling SurveyMonkey, Selina shares key lessons on building and growing successful tech companies. We also explore how HomeBoost is using AI to revolutionize home energy efficiency. Don't miss this insightful conversation with one of the industry's most innovative leaders!

North Tonawanda's city council voted unanimously Tuesday night to prevent the use of alternative energy in the city. Mayor Austin Tylec tells us why.

Data centers' share of all U.S. electricity use could hit 12% by 2028 but beyond that is too hard to predict, according to a new DOE Lawrence Berkeley Lab analysis. In this episode of All Day Digital, researcher Dr. Arman Shehabi outlines the factors and efficient technologies that will shape future data center electricity consumption.

What surgical techniques and safety measures are important to consider when operating in a pregnant patient? In this episode of the BackTable OBGYN podcast, Dr. Craig Sobolewski, a minimally invasive GYN surgeon at Duke, speaks with host Dr. Mark Hoffman about the intricacies of laparoscopic surgery in pregnant patients. --- SYNPOSIS The surgeons delve into the critical importance of understanding anatomy and ensuring proper exposure during surgeries, particularly the challenges and techniques for operating during pregnancy. Key discussions include the use of liver retractors, the management of symptomatic ovarian cysts, and the methods for performing and evaluating abdominal cerclages. They also explore the physiological changes in pregnant patients and the adjustments needed for anesthesia, laparoscopic entry, pressures during surgery, and pre/post-operative care. --- TIMESTAMPS 00:00 - Introduction 07:20 - Laparoscopy in Pregnant Patients 11:23 - Common Surgeries During Pregnancy 15:56 - Laparoscopic Surgery Techniques 24:04 - Physiologic Changes in Pregnancy 27:33 - Access Methods and Pressure Considerations 28:53 - Managing Torsion and Cysts in Pregnancy 30:21 - Energy Use and Safety in Pregnant Patients 31:38 - Preoperative and Postoperative Care 34:15 - Cerclage Procedures and Counseling 47:46 - Professional Reflections and Conclusions

Aengus Cox, Agriculture and Consumer Affairs Correspondent, examines what lessons Storm Éowyn can teach us about our energy in the future.

Meta DC in northeast LA: 4M sqft, infrastructure and build increases in a rural areaAI testing of scripts for fun: good, better, best from the major brandsNorthern VA power demand up from 21GW to 40GW since July 2024Support the show

We're experimenting and would love to hear from you!In this episode of 'Discover Daily', the IRS is making waves in government tech adoption with its upcoming acquisition of an Nvidia SuperPod AI supercomputer. This sophisticated system, featuring thirty-one servers with Blackwell processors, will be installed at their Martinsburg, West Virginia computing center. The system aims to revolutionize the agency's machine learning capabilities, particularly in fraud detection and taxpayer behavior analysis, marking a significant step forward in AI integration within government operations.In a recent study on AI energy consumption, ChatGPT's latest model GPT-4 has been found to use significantly less power than previously thought. Research by Epoch AI reveals that each query consumes approximately 0.3 watt-hours, ten times lower than earlier estimates. This efficiency improvement is attributed to advanced hardware implementation, system optimization, and more accurate calculation methods, though the cumulative energy impact remains substantial given millions of daily queries.Lastly, research published in Science has unveiled how birds and mammals have independently evolved complex brains through distinct pathways while achieving similar cognitive abilities. The study, led by Dr. Fernando García-Moreno, used advanced spatial transcriptomics and mathematical modeling to reveal fundamental differences in brain development between species. Despite using different genetic tools and developmental processes, both groups have achieved remarkable cognitive capabilities, challenging our traditional understanding of brain evolution and intelligence.From Perplexity's Discover Feed: https://www.perplexity.ai/page/irs-acquiring-nvidia-supercomp-bQ9BUXJuSLOUpHZdCJ.vEA https://www.perplexity.ai/page/chatgpt-energy-use-overestimat-cn02azRBR2._eM_sH2n_Pw https://www.perplexity.ai/page/complex-brains-evolved-indepen-uPS546tuRJaWwidjGvrNCQ**Introducing Perplexity Deep Research:**https://www.perplexity.ai/hub/blog/introducing-perplexity-deep-research Perplexity is the fastest and most powerful way to search the web. Perplexity crawls the web and curates the most relevant and up-to-date sources (from academic papers to Reddit threads) to create the perfect response to any question or topic you're interested in. Take the world's knowledge with you anywhere. Available on iOS and Android Join our growing Discord community for the latest updates and exclusive content. Follow us on: Instagram Threads X (Twitter) YouTube Linkedin

How California lawmakers are planning to curb data centers' high energy use Please Subscribe + Rate & Review KMJ’s Afternoon Drive with Philip Teresi & E. Curtis Johnson wherever you listen! --- KMJ’s Afternoon Drive with Philip Teresi & E. Curtis Johnson is available on the KMJNOW app, Apple Podcasts, Spotify, Amazon Music or wherever else you listen. --- Philip Teresi & E. Curtis Johnson – KMJ’s Afternoon Drive Weekdays 2-6 PM Pacific on News/Talk 580 & 105.9 KMJ DriveKMJ.com | Podcast | Facebook | X | Instagram --- Everything KMJ: kmjnow.com | Streaming | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

Considering your options for wine cellar insulation? Then, USA Spray Me (855-566-5340) has the perfect guide for you, comparing the functionality and eco-factor of spray foam, fiberglass, and rigid foam board insulation. Check out https://www.usasprayme.com/blog/article35-CaliforniaWineCellarInsulationWhichOptionIsTheGreenest.html to read the complete guide! USA Spray Me City: San Francisco Address: 800 Avenue H Website: https://usasprayme.com/

AP correspondent Karen Chammas reports on Europe and America's contrasting energy policies.

"Everything you ever wanted is on the other side of fear." – George Adair   In this empowering episode of The Empowered Team Podcast, host Kari Schneider dives deep into understanding, harnessing, and transforming fear. As we approach a new year full of possibilities, Kari challenges us to face our fears head-on and see them as signals for growth rather than barriers. Drawing from personal experiences, client stories, and even lessons from sports, she unpacks actionable steps to turn fear into a tool for success. Key Takeaways: Fear as a Signal, Not a Stop Sign: Fear isn't an enemy but a signal that you're pushing the boundaries of your comfort zone. Embrace it as a guide. Understand Fear: Learn how your brain's amygdala triggers fear, often overreacting to perceived threats. Recognize it for what it is—a survival mechanism. Harness Fear's Energy: Use fear-induced physiological changes (like heightened focus and adrenaline) as fuel to sharpen your performance. Transform Fear into Growth: Step outside your comfort zone and activate your brain's prefrontal cortex, enabling adaptability and creativity. Reframe Fear as a Worthy Opponent: Like athletes facing challenging competitors, respect your fear as a catalyst for learning and growth. Practical Applications: Public speaking anxiety? Break it down into small, actionable steps like practicing with friends. Afraid of feedback? Use active listening and actionable steps to shift from defense to growth. Facing big decisions? Break them into manageable parts and seek diverse perspectives.

U.S. Farmers & Ranchers in Action has unveiled a groundbreaking report titled “Potential for U.S. Agriculture to be Greenhouse Gas Negative.” In this episode, we dive deeper into one of the key areas of opportunity outlined in the report — the potential for enhancing energy use efficiency in agriculture. Join Farm+Food+Facts host Joanna Guza and Dr. Marty Matlock, Professor in the Department of Biological and Agricultural Engineering at the University of Arkansas, as they explore this opportunity. Discover the latest energy sources, cutting-edge technologies, and innovative tools that can help farmers overcome challenges and achieve success. To stay connected with USFRA, join our newsletter and become involved in our efforts, here. Check out USFRA's report on the “Potential for U.S. Agriculture to be Greenhouse Gas Negative.” 

Todd Myers, Vice President for Research Washington Policy Center Washington state's regulations have been counter-productive by their own measurement over the last decade of reporting.  It's so bad that they have failed to report as required by law. What can we learn that applies to EVERY STATE and EVERY REGULATORY ISSUETodd Myers, author of "Time to Think Small: How Nimble Environmental Technologies Can Solve the Planet's Biggest Problems"If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7 Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Todd Myers, Vice President for Research Washington Policy Center Washington state's regulations have been counter-productive by their own measurement over the last decade of reporting.  It's so bad that they have failed to report as required by law. What can we learn that applies to EVERY STATE and EVERY REGULATORY ISSUETodd Myers, author of "Time to Think Small: How Nimble Environmental Technologies Can Solve the Planet's Biggest Problems"If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7 Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

1040. The downsides of AI bother me a lot — job loss, energy use, and the content tsunami. But I also think it's critically important to understand what this technology can do and how it's likely to change the way we work and live. In this Grammarpalooza bonus segment, I talked with Christopher Penn about how he thinks about these problems.

New data centers are popping up across the country — and companies are eyeing Minnesota as a potential building site due to its cooler climate. But advocates within the state worry the extra demand from these large buildings could push the state to extend its use of fossil fuels at a time when Minnesota is trying to go carbon-free. MPR News correspondent Kirsti Marohn has been following the story of a Colorado-based company's proposed $5 billion data center in Farmington, Minnesota, as part of MPR's Getting to Green series.She spoke with MPR Chief Meteorologist Paul Huttner about growing opposition from residents in the rural town.

Our Data Vampires series may be over, but Paris interviewed a bunch of experts on data centers and AI whose insights shouldn't go to waste. We're releasing those interviews as bonus episodes for Patreon supporters. Here's a preview of this week's premium episode with Brid Smith, a TD or Member of Parliament in the Irish Parliament in Dublin. For the full interview, support the show on Patreon.Support the show

Send us a textIn this episode of the podcast, Robin McNelis joins me again for part 2 of a series where we aim to cover a variety of topics which will support pacing/micropacing and much more. In this episode we discuss the exertion types and what uses energy, we recap on what pacing is and why it is important when you live with a chronic condition such as ME and long covid. Robin discusses the principles of pacing and the varying forms of pacing, we discuss listening to your body and the challenges of this with PEM/PESE. Robin explains how monitoring your HR/HRV is important, what is available to monitor this data and how to understand what level to set your alerts at to remain within the anaerobic threshold. We discuss the lactate threshold and Robin explains the zones of this threshold and how important it is to remain within the lactate threshold, especially those with PEM. Robin advises how the lactate threshold can be tested at home, and clinical testing. We additionally discuss how those with Orthostatic intolerance, PoTs can find it challenging to maintain their heart rate within their threshold due to heart rate spikes. Robin gives some great advice on how to support this and lots of other amazing information and advice throughout this podcast, so grab a cuppa and have a listen. As always thank you for listening to the podcast, take care #onedayatatimeLinks from today's episodeWebsite:https://www.robinthephysio.co.ukhttps://twitter.com/robinthephysiohttps://www.instagram.com/robinthephysio My Links:Long Covid clinic -Dr Binita Kane & Julie Taylor; Email: info@thelongcovidclinic.co.uk for more information Episode sponsor; Turnto - This is a brilliant app, a one stop shop to support anyone living with, caring for or supporting and additionally professionals working with people living with Long Covid and or MECFS - please mention The Long Covid podcast n the "how did you hear about us" section, thank you https://turnto.ai/download?utm_source=link&utm_medium=share&utm_campaign=livinglongcovidpodcastLinktree:https://linktr.ee/joulestXhttps://twitter.com/julieTa58407536Facebook page:https://www.facebook.com/livingwithlongcovid/Instagram:https://www.instagram.com/julie_livingwithlongcovidPlanners:https://amzn.eu/d/9v9MP4vReturn to work planner:https://amzn.eu/d/1QVK8zn Well being planner:https://amzn.eu/d/a1Safxc

The ABS says renewable energy use continues to rise, so SBS Finance Editor Ricardo Gonçalves speaks with UQ Professor John Quiggin to find out more; plus the day on the sharemarket including themes for 2025 with Morningstar Chief Investment Officer Matt Wacher.

Chances are, you didn't notice the week-long wind drought that the UK experienced towards the end of 2023. However, this period of low wind speeds, combined with a cold snap, drove up our energy prices - something that may have caught your attention. So, what exactly do we know about wind droughts, and how can we apply this knowledge to plan for the low-carbon energy systems of the future? We chat to Matthew Wright from Oxford's Department of Physics to find out.

Send us a text Join Drake and Marie as they discuss character archetypes.Writer's room (currently 50% off for membership): https://writersroom.mn.coMembership for Just In Time Worlds: https://www.youtube.com/channel/UCxvBH0EkwuHsQ9ryHHQNi2Q/join Magicfall: http://magicfallnovel.com/Get the podcast here: https://releasingyourinnerdragon.buzzsprout.com/Give us feedback at releasingyourinnerdragon(at)gmail(dot)comDiscord: https://discord.gg/vMrmBsF5fhDrake's Contact Details:Starving Writer Studio: https://www.starvingwriterstudio.com/Drake-U: https://class.drakeu.com/ - Use RYID25 for 25% off!https://www.facebook.com/maxwellalexanderdrakehttps://twitter.com/MaxwellADrakeMarie's contact details:Books: https://www.mariemullany.com/workJust In Time Worlds: https://www.youtube.com/c/JustInTimeWorlds?sub_confirmation=1#releasingyourinnerdragon #writing #tension 

What if the timing of your meals is as crucial as what you're eating? In today's episode, I dive into the powerful connection between meal timing and your body's natural rhythm—and why it matters more than most of us realize. Breaking down the science behind circadian rhythms, I look at how eating earlier in the day supports better digestion, metabolism, and even mental clarity. Studies show that eating late not only disrupts sleep but can also lead to weight gain and a slower metabolism. So, we're going to break down why shifting calories to the first part of the day—following the body's natural peak energy and digestive power—can transform your energy, mood, and long-term wellness. Drawing on ancient wisdom from Ayurveda and Traditional Chinese Medicine, we see how these systems have always advocated for aligning meal timing with nature's rhythms. Both recognize that eating in sync with your body's energy peaks and dips has the potential to support everything from digestion to balanced energy and stable weight. This episode is a return to basics: respecting the body's natural flow for real, sustainable health.  If you're looking to feel more in tune, support your metabolism, and bring ease to your routine, let's rethink not just what's on the plate, but when it hits the plate. We Also Discuss:   (01:57) — The Science of Meal Timing (05:08) — Circadian Rhythm's Influence on Metabolism and Energy Use (12:36) — Morning Calories for Weight Loss and Metabolic Support (18:23) — Ayurveda and Traditional Chinese Medicine on Meal Timing (25:22) —  Breakfast Like a King, Light Dinner for Energy Balance (29:01) — Practical Tips for Aligning Meal Times with Your Natural Rhythms   And more…   Don't forget: You can order now by heading to darinolien.com/fatal-conveniences-book or order now on Amazon.   Thank You to our Sponsors: Therasage: Go to www.therasage.com and use code DARIN at checkout for 15% off   Find more from Darin: Website: https://darinolien.com/ Instagram: https://www.instagram.com/Darinolien/ Book: https://darinolien.com/fatal-conveniences-book/ Down to Earth: https://darinolien.com/down-to-earth/   Bibliography:   Garaulet, M., Gómez‐Abellán, P., Alburquerque-Béjar, J., Lee, Y., Ordovás, J., & Scheer, F. (2013). Timing of food intake predicts weight loss effectiveness. International Journal of Obesity, 37, 604–611. Link Wehrens, S., Christou, S., Isherwood, C., Middleton, B., Gibbs, M., Archer, S., ... & Johnston, J. (2017). Meal Timing Regulates the Human Circadian System. Current Biology, 27(12), 1768-1775.e3. Link Xiao, Q., Garaulet, M., & Scheer, F. (2018). Meal timing and obesity; interactions with macronutrient intake and chronotype. International journal of obesity (2005), 43, 1701–1711. Link Ravussin, E., Beyl, R., Poggiogalle, E., Hsia, D., & Peterson, C. (2019). Early Time-Restricted Feeding Reduces Appetite and Increases Fat Oxidation but Does Not Affect Energy Expenditure in Humans. Obesity (Silver Spring, Md.), 27(8), 1244-1254. Link Gu, C., Brereton, N., Schweitzer, A., Cotter, M., Børsheim, E., Wolfe, R., & Jun, J. (2019). Effect of Dinner Timing on Nocturnal Metabolism in Healthy Volunteers. Sleep, 36(7), 981–990. Link Bray, M., & Young, M. (2009). The role of cell-specific circadian clocks in metabolism and disease. Obesity Reviews. Link. Mohawk, J., Green, C., & Takahashi, J. (2012). Central and peripheral circadian clocks in mammals. Annual Review of Neuroscience, 35, 445-462. Link. Finger, A.-M., Dibner, C., & Kramer, A. (2020). Coupled network of the circadian clocks: a driving force of rhythmic physiology. FEBS Letters. Link. Petrenko, V., Gosmain, Y., & Dibner, C. (2017). High-resolution recording of the circadian oscillator in primary mouse α- and β-cell culture. Frontiers in Endocrinology. Link. Summa, K. C., & Turek, F. (2014). Chronobiology and obesity: Interactions between circadian rhythms and energy regulation. Advances in Nutrition, 5(3), 312S-319S. Link. Puranik, A., & Patwardhan, B. (2012). Ayurveda and Metabolic Diseases. Link. Yang, S., Yang, H., & Zhang, Y. (2023). Yao-Shan of traditional Chinese medicine: an old story for metabolic health. Frontiers in Pharmacology. Link. Xu, L., Zhao, W., Wang, D., & Ma, X. (2018). Chinese Medicine in the Battle Against Obesity and Metabolic Diseases. Frontiers in Physiology. Link. Takahashi, M., Ozaki, M., & Kang, M. (2018). Effects of Meal Timing on Postprandial Glucose Metabolism and Blood Metabolites in Healthy Adults. Nutrients. Link.  

In this special evergreen episode of the News Block powered by Bitdeer ($BTDR), we explore: Bitcoin's energy use Bitcoin's ability to stabilize grids Incentives of Bitcoin miners to seek remote, low-cost, sustainable energy How Bitcoin saves energy that would be wasted or flared How Bitcoin incentivizes renewable energy operations without the need for taxpayer subsidies ---- Coin Stories is powered by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com.  ---- Natalie's Promotional Links:  Secure your Bitcoin with collaborative custody and set up your inheritance plan with Casa: www.casa.io/natalie  For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Get 5000 sats when you download using this link and promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/ River is where I DCA weekly and buy Bitcoin with the lowest fees in the industry: partner.river.com/natalie Safely self-custody your Bitcoin with Coinkite and the ColdCard Wallet. Get 5% off: https://store.coinkite.com/promo/COINSTORIES Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way: https://www.thebitcoinway.com/partners/natalie-brunell  Bitcoin 2025 is heading to Las Vegas May 27-29th! Join me for my 4th Annual Women of Bitcoin Brunch! Get 10% off Early Bird passes using the code HODL: https://tickets.b.tc/affiliate/hodl/event/bitcoin-2025   Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America's most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie  Connect with Bitcoiners and Bitcoin merchants wherever you live and travel on the Orange Pill App: https://signup.theorangepillapp.com/opa/natbrunell   ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories   #money #Bitcoin #investing

How many myths have you been told about Bitcoin's environmental impact? My special guest Elliot David from the Sustainable Bitcoin Protocol is on a mission to help the world understand the truth about the environmental benefits and myths of Bitcoin. Elliot debunks common misconceptions about Bitcoin's energy consumption and explains how SBP is pioneering transparency and sustainability in the Bitcoin network. We explore the innovative ways Bitcoin mining can drive the energy transition and support sustainable development, particularly in energy-poor regions. Elliot shares his journey from working in energy and climate sectors to integrating Bitcoin as a climate tech solution. We discuss the potential of Bitcoin mining to utilize stranded renewable energy and its role in electrifying remote communities. The conversation also touches on the challenges and opportunities of integrating Bitcoin with global energy systems and the importance of collaboration between Bitcoin advocates and the climate community. Tune in to discover how Bitcoin can be a force for good in the fight against climate change and energy poverty.

Chris and Amy are joined by Joe Polidoro, science contributor to the Dispatch to discuss the the monumental amount of energy that is required for AI computing, and what efforts are being made to lower this cost.

Save money on energy use on farms

In this episode, Tanuja Randery, Managing Director of EMEA at AWS, is joined by Greg Jackson, founder and CEO of Octopus Energy. They explore how Octopus is leveraging technology and data to reinvent the energy industry, with the goal of providing customers with greener power at a lower price point. Greg shares insights into Octopus' unique company culture and the principles that have guided the rapid growth and innovation of the business.

Vice President Kamala Harris' campaign says the race is still 50/50 despite her good debate performance, while former President Donald Trump's allies are in damage control. A Manhattan grand jury has indicted Harvey Weinstein on new charges. Francine unleashed flooding rainfall and knocked out power in parts of Louisiana. House Speaker Mike Johnson is weighing his options as a government funding deadline looms. And, we'll tell you why some of the big names in AI are at the White House today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Listeners write in about English spray foam and wonky doors and ask questions about vent-free dryers, retaining walls, and home energy use.

Energy Speaks Back: A Hong Kong Insight with Paul on Energy Use, Ecosystems, and Corporate Affairs In this episode of Energy Speaks Back, Paul takes us on a deep dive into the vibrant energy landscape of Hong Kong. Fresh from his recent visit, Paul shares his firsthand experiences and observations on how this global city is managing its energy use amidst a rapidly evolving ecosystem. Joined by special guest Robert Alleder, a renowned expert in corporate energy affairs, they explore the critical intersections of energy management, sustainability, and the challenges faced by large organisations in today's energy market. Their discussion focuses on energy use and teh energy ecosystem. Tune in for an insightful discussion that sheds light on the future of energy in one of the world's most dynamic cities.

Join Jamie Kitchen, John Broughton and Jörg Saar as they explore practical steps to achieve energy savings in commercial refrigeration through decarbonization. This episode covers the benefits of using Thermostatic Expansion Valves (TXVs) over capillary tubes, the advantages of Electronic Expansion Valves (EEVs), optimal superheat adjustment, and essential maintenance tips for improving system efficiency. Learn how proper system design, installation, and upkeep can significantly reduce energy consumption and enhance the longevity of refrigeration equipment.Mentioned in this episode:Download Ref Tools app for Free!The essential, all-in-one mobile app for air conditioning and refrigeration technicians. You can subscribe and listen to Chilling with Jens and other local Danfoss Climate Solutions podcast via the Ref Tools app.Download Ref Tools App

In this episode, we are looking at improving the energy efficiency and sustainability of our computer workloads by shifting them around the world in real-time - something called ‘geo-distribution'.The idea involves looking at real time global energy production- ideally from renewable sources - and a load of other factors including weather, water tables and more. By comparing these factors as well as compute availability and the lag between data source and data center, you can find the most sustainable locations to perform a task. Ideally, shifting the workloads so quickly that the user doesn't even know it's happening. To tell us more we're joined this week by Cullen Bash, Vice President, Research & Development at HPE, who leads the Systems Architecture Lab at Hewlett Packard Labs.This is Technology Now, a weekly show from Hewlett Packard Enterprise. Every week we look at a story that's been making headlines, take a look at the technology behind it, and explain why it matters to organizations and what we can learn from it. Do you have a question for the expert? Ask it here using this Google form: https://forms.gle/8vzFNnPa94awARHMA About this week's guest: https://www.linkedin.com/in/cullen-bash/ Sources and statistics cited in this episode: IEA report on data centre energy usage: https://iea.blob.core.windows.net/assets/6b2fd954-2017-408e-bf08-952fdd62118a/Electricity2024-Analysisandforecastto2026.pdfING research into data centre water use: https://think.ing.com/articles/data-centres-growth-in-water-consumption-needs-more-attention/Brain-on-chip robot: https://h.xinhuaxmt.com/vh512/share/12076644?d=134d8f3&channel=weixin (in Mandarin)English language story: https://www.sciencefocus.com/news/this-robot-is-controlled-by-a-human-brain-in-a-jar

In this episode, we are looking at improving the energy efficiency and sustainability of our computer workloads by shifting them around the world in real-time - something called ‘geo-distribution'.The idea involves looking at real time global energy production- ideally from renewable sources - and a load of other factors including weather, water tables and more. By comparing these factors as well as compute availability and the lag between data source and data center, you can find the most sustainable locations to perform a task. Ideally, shifting the workloads so quickly that the user doesn't even know it's happening. To tell us more we're joined this week by Cullen Bash, Vice President, Research & Development at HPE, who leads the Systems Architecture Lab at Hewlett Packard Labs.This is Technology Now, a weekly show from Hewlett Packard Enterprise. Every week we look at a story that's been making headlines, take a look at the technology behind it, and explain why it matters to organizations and what we can learn from it. Do you have a question for the expert? Ask it here using this Google form: https://forms.gle/8vzFNnPa94awARHMA About this week's guest: https://www.linkedin.com/in/cullen-bash/ Sources and statistics cited in this episode: IEA report on data centre energy usage: https://iea.blob.core.windows.net/assets/6b2fd954-2017-408e-bf08-952fdd62118a/Electricity2024-Analysisandforecastto2026.pdfING research into data centre water use: https://think.ing.com/articles/data-centres-growth-in-water-consumption-needs-more-attention/Brain-on-chip robot: https://h.xinhuaxmt.com/vh512/share/12076644?d=134d8f3&channel=weixin (in Mandarin)English language story: https://www.sciencefocus.com/news/this-robot-is-controlled-by-a-human-brain-in-a-jar

In this follow up Convo of Flanigan's Eco-Logic, Ted speaks with Steve Lewis, Urban Design Principal with the Portland-based firm, ZGF Architects. Steve was also a candidate for the 2026 President at the American Institute of Architects (AIA). He is a facilitator of partnerships and alliances between groups and individuals who seek to use architecture and design to effect positive change to our world.Steve brings to ZGF a wealth of experience across urban planning and design, most notably holding a post with the City of Detroit where he served as the Design Director for the Central Region of Detroit's Department of Planning and Development as well as holding a Professorship in Practice, leading design studios focusing on community issues and urban planning at the University of Michigan. He was a founding partner of the firm RAW International in Los Angeles where he helped build a successful design practice over a 20-year period and collaborated with ZGF on memorable projects including the Exposition Park Master Plan and the California Science Center that made a real difference in the fabric of their communities.From Southern California to Detroit and back, Steve's ethics-driven urban planning and design has made the cities he's worked in not only more aesthetically beautiful, but also more equitable and representative of the surrounding communities. Following in the footsteps of his father, an architect with a drive for justice, equity, diversity, and inclusion, Steve designs, speaks, mentors, and volunteers tirelessly to advocate for what he believes in and to see those values embodied in the built environment. He and Ted discuss his AIA Presidential candidacy and campaign experience, the elements of sustainable design, digging into embedded materials, energy use, building decarbonization, and electrification. Steve concludes that he is dedicated to equity in design to affect positive change for the future of architecture. 

The Power Hour is a weekly podcast that discusses the most interesting energy and environmental policy issues of the day with top national experts.  Jack welcomes the Cato Institute's Nicolas Anthony back to the Power Hour, who is joined this time by his colleague Norbert Michel, Vice President for Cato's Center for Monetary Policy and […]

The Power Hour is a weekly podcast that discusses the most interesting energy and environmental policy issues of the day with top national experts.  Jack welcomes the Cato Institute's Nicolas Anthony back to the Power Hour, who is joined this time by his colleague Norbert Michel, Vice President for Cato's Center for Monetary Policy and Financial Alternatives.  They pick up their conversation from a few months ago to dig deeper into what actually is cryptocurrency and why does the industry require so much energy.   And of course, no Power Hour episode would be complete without a complete analysis of how government could ruin something good and innovative.  You can read more from Anthony and Norbert here and here and  on a variety of issues here and following them on socials here and here.    Join the conversation with an email to  thepowerhour@heritage.org!  Thank you for listening and please don't forget to subscribe and help us to spread the word.  

Sam sits down with Harry Sudock, CSO of GRIID Infrastructure and a Partner at Bitcoin Park to discuss why Bitcoin's energy use is absolutely essential, whether Bitcoin miners are net sellers or buyers today, and how Bitcoin mining as a technology is primed to revolutionize the energy industry globally.Connect with Sam: https://twitter.com/samcallahConnect with Harry: https://x.com/harry_sudockTimestamps:00:00:00 "Marathon Digital Holdings"00:00:44 "Cloaked Wireless"00:01:12 Introducing Harry Sudock00:01:45 Building the Bitcoin Community in Nashville, at "Bitcoin Park"00:06:32 Harry's Bitcoin Journey from Keynesian Economics to Bitcoin00:10:24 Traditional Finance Technological Shortcomings00:14:40 Harry's Decision to Join "Griid Infrastructure"00:22:30 - "Griid Infrastructure" Going Public00:25:50 Incorporating Bitcoin Mining into the Electrical Grid00:32:40 Data-Centers, A.i., and Competing for Energy00:36:28 Bitcoin's Proof-of-Work vs. Proof-of-Stake00:39:12 Bitcoin's Energy Use and Settlement Assurances00:46:50 Impact of the Bitcoin Halving on the Mining Industry00:50:20 How to Connect with Harry Sudock00:51:43 "Pacific Bitcoin Festival"00:52:22 Swan $10k, No Fees!Connect with Swan Bitcoin: YouTube: https://youtube.com/@Swan_Bitcoin Twitter (X): https://twitter.com/Swan Instagram: https://instagram.com/SwanBitcoin Telegram: https://t.me/swanbitcoin LinkedIn: https://linkedin.com/company/swanbitcoinSwan Bitcoin does not provide any investment, financial, tax, legal or other professional advice. We recommend that you consult with financial and tax advisors to understand the risks and consequences of buying, selling and holding Bitcoin.► Connect with Swan Bitcoin: ✓ YouTube: https://youtube.com/@Swan_Bitcoin ✓ Twitter: https://twitter.com/Swan ✓ Instagram: https://instagram.com/SwanBitcoin ✓ Telegram: https://t.me/swanbitcoin ✓ LinkedIn: https://linkedin.com/company/swanbitcoin► Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Start your Bitcoin journey today, and your first $10 purchase is on us ✓ https://swanbitcoin.com/yt► Download the all-new Swan Bitcoin App ✓ https://www.swanbitcoin.com/app/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description► Join us for Pacific Bitcoin Festival 2024! Purchase your tickets now before prices go up (Fully Refundable Until February) ✓ ⁠https://www.pacificbitcoin.com/collections/tickets► Secure your bright orange future with the Swan IRA today! Real Bitcoin, no taxes ✓ https://www.swanbitcoin.com/bitcoin-ira/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description► For high-net-worth individuals and corporations seeking to build generational wealth with Bitcoin, Swan Private is your guide ✓ https://www.swanbitcoin.com/private/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_description► Want to learn more about Bitcoin? Check out Welcome To Bitcoin a FREE Introductory course. Learn about Bitcoin in under 1 hour! ✓ https://welcome.swanbitcoin.com/► Get paid to recruit new Bitcoiners by joining Swan Force ✓ https://www.swanbitcoin.com/enlist/?utm_medium=social&utm_source=youtube&utm_campaign=youtube_descriptionWARNING: Beware of scammers who use Swan's image and name in the comment section. We will never ask you to contact us through YouTube. If you have any questions and want to reach us directly, follow our Twitter account @Swan and send us a message.

No-tillers stand to benefit from updates to the U.S. Sustainable Aviation Fuel (SAF) tax credit. The U.S. Department of the Treasury and IRS released a notice April 30 that details an updated version of the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, which is used to determine CI scores of SAF feedstocks.

Discover the transformative power of psychometrics in unraveling the mysteries of your personality, as I recount the insights gained from tools like Myers-Briggs and Clarity4D. I promise, by the end of our journey together, you'll have a new perspective on introversion, extroversion, and how to channel your natural energy in harmony with the law of attraction. Our discussion ventures into how these self-realizations can be a game-changer in not just personal growth, but also in the dynamics of professional environments and leadership roles. Moreover, we explore the role of these personality insights in managing anxiety and thriving in the dance of self-care and relationships.Harness the knowledge of energy management, and how it can be the cornerstone of nurturing connections with those around us. I share candid tales from my personal life that illuminate the importance of recognizing our energy sources and the energy needs of our partners, especially in challenging times like lockdowns. The art of communication and creating space becomes vital in maintaining a healthy balance, and I'm excited to share with you practical tips that are sure to help you not just survive but flourish in your relationships.Join me and special guest Becca Daly as we delve into the world of human design in our upcoming masterclass. This conversation extends into the realm of how understanding your unique personality can illuminate your path – whether you're steering a family, leading a team, or stepping into your authentic self. For those eager to go deeper, I touch on the bespoke coaching sessions I offer, tailored to the nuances of your individual personality profile. So, tune in and let's embark on the path to a more aligned, fulfilled existence together.If you want to explore how to use Clarity 4D then please email me at rachelyourtimenow@gmail.com.Access the incredible Mini Series Accelerate now and Master the Art of Quantum Leaping. Creating a life beyond your wildest desires. Flash Sale now on, save 20%. Thank you so much for listening. Please hit subscribe and if you loved this episode leave a 5 star review. Please come and join the Soulful Badass Community, this is a group of incredible people creating epic lives together. There are amazing programs and meditations available at www.soulfulbadass.uk , including this Meditation 'Unleash the Highest Version of You', which is my free gift to you for listening. You can follow me on Facebook or Instagram @rachel.soulfulbadassThanks for listening.Love Rachel x

Manik Suri is implementing smart technology into cooling, ushering in the era of Cold Chain 2.0. Before founding GlacierGrid in 2020, Manik finished top of his class at Harvard, went to Cambridge for a masters in international relations, returned to Harvard for a law degree, co-founded the Governance Lab, with stops at storied institutions like DE Shaw and the White House Economic Council along the way. Cooling technology has lagged behind other industries in the clean energy transition, but GlacierGrid's all-in-one management platform is using smart technology to bridge that gap and build a more sustainable, advanced, and efficient cold chain.Hear Manik share how he's pursuing dual passions for entrepreneurship and positive impact, why cooling technology is vital for the modern world, and how smart technology can decarbonize an entire industry. Episode Highlights:00:00 Manik Suri on the planet's cooling crisis00:57 Conor Gaughan introduces Manik and GlacierGrid07:00 Academic upbringing, Harvard, and international internships16:03 Law school, The White House, and path to entrepreneurship23:25 GlacierGrid's rebrand, the hidden economy, and the cold chain33:34 Pitching investors, aligning profits with impact, and future scale 40:09 Exciting innovations, long-term thinking, and staying positive48:07 Where to learn more 49:03 Conclusion and end credits If you liked this episode, listen next to Nick Whitman of Divert on Food Waste, Renewable Energy, and Impact TechnologyMore on GlacierGrid and Manik Suri:glaciergrid.com linkedin.com/company/glaciergridlinkedin.com/in/maniksuriConnect with Conor Gaughan on linkedin.com/in/ckgone and threads.net/@ckgone Have questions, or a great idea for a potential guest? Email us at CiC@consensus-digital.comIf you enjoyed this episode, please rate and review the show on Apple Podcasts and Spotify – it really makes a difference! Consensus in Conversation is a podcast by Consensus Digital Media produced in association with Reasonable Volume. Hosted on Acast. See acast.com/privacy for more information.

Dr. Alan R. Saltiel is Distinguished Professor of Medicine and Pharmacology, Maryam Ahmadian Endowed Chair in Metabolic Health, Director of the Institute for Diabetes and Metabolic Health at UC, San Diego, and Director of the UCSD/UCLA Diabetes Research Center. Alan studies how cells that are involved in metabolism decide to take up and store energy, burn energy, or release energy for other cells to use in response to hormones, nutritional cues, and metabolic stress. He is particularly interested in studying cells in liver and fat tissues and better understanding the pathways involved in controlling the metabolic activities of these cells. When he's not working, Alan enjoys exercise and physical activity, including tennis and occasionally basketball. He also likes to read fiction and non-fiction, spend time with friends and family, and experiment with cooking Mediterranean cuisine. He received his bachelor's degree in zoology from Duke University, and his Ph.D. in biochemistry from the University of North Carolina. Afterwards, he conducted postdoctoral research at the Wellcome Research Laboratories. Alan served on the faculty at Rockefeller University before joining Parke Davis Pharmaceutical Research in 1990, where he remained until 2001 when he accepted a position at the University of Michigan. He transitioned to his current positions in 2015. Alan has received numerous awards and honors, including the Rosalyn Yalow Research and Development Award from the American Diabetes Association; the Hirschl Award from Hirschl Trust; the John Jacob Abel, Goodman and Gilman, and Pharmacia-ASPET Awards from the American Society of Pharmacology and Experimental Therapeutics, and he was named a Fellow of the Society in 2022. In addition, Alan is an elected Fellow of the American Association for the Advancement of Science, an elected Member of the American Society of Clinical Investigation, and an elected Member of the National Academy of Medicine. In this interview, Alan shares more about his life and science.

In this episode of Discover Daily, we embark on a cosmic journey with NASA's SpaceX Crew-8 mission to the ISS, explore Apple's move towards digital product announcements, and tackle the pressing environmental concerns of AI's thirst for resources in Arizona. For more on these stories:NASA Crew-8 mission launchApple may skip spring eventAI depletes Arizona's water sourcesPerplexity is the fastest and most powerful way to search the web. Perplexity crawls the web and curates the most relevant and up-to-date sources (from academic papers to Reddit threads) to create the perfect response to any question or topic you're interested in. Take the world's knowledge with you anywhere. Available on iOS and Android Join our growing Discord community for the latest updates and exclusive content. Follow us on: Instagram Threads X (Twitter) YouTube Linkedin

Interview with Margot Paez (Bitcoin Policy Institute Fellow, Energy and Mining) to debunk the recent United Nations University report “The Hidden Environmental Cost of Cryptocurrency: How Bitcoin Mining Impacts Climate, Water and Land” and chat about her response in Bitcoin Magazine. This is the first report to counter Bitcoin FUD as part of the new FUD Fighters series sponsored by HIVE Digital Technologies. LINK to UN University Report: https://inweh.unu.edu/wp-content/uploads/2023/10/Bitcoins-Environmental-Footprint-UNU-INWEH-2023.pdf LINK to Margot's response “Mining Misinformation: How The United Nations Misrepresents Bitcoin's Energy Use”: https://bitcoinmagazine.com/sponsored/mining-misinformation-how-the-united-nations-university-misrepresented-data-to-exaggerate-bitcoins-environmental-footprint Guest: Margot Paez (https://x.com/jyn_urso?s=20) Host: Spencer Nichols (https://x.com/DeSpencer_?s=20) Download a full PDF of the report: https://mailchi.mp/bitcoinmagazine.com/fud-fighters-mining-misinformation Learn more about the FUD Fighters series: https://bitcoinmagazine.com/press-releases/hive-digital-technologies-and-bitcoin-magazine-announce-fud-fighters-educational-initiative- __________________ Enter the Bitcoin Halving Challenge! Visit https://www.bitcoinhalving.com/#challenge to place your guess for the price of bitcoin at the halving for the chance to win 1 BTC in prizes! Powered by Nitrobetting (https://nitrobetting.eu/) hivedigitaltechnologies.com HIVE Digital Technologies Ltd AI Infrastructure for the Web3 Digital Transformation.

Learn the pros and cons of bitcoin, the world's largest cryptocurrency. Bitcoin can be moved well across space and time. You can't move dollars over time due to inflation; you can't  move gold over space due to weight and security concerns. Real estate, bitcoin, and gold are all scarce and take real-world resources to produce. Bitcoin is a global digital currency that's decentralized. Nick Giambruno joins us to discuss why bitcoin has value today.  Since there can only be 21 million bitcoin, it cannot be debased like dollars are. By April, bitcoin will experience a halving. Rather than 900 new bitcoins brought into issuance daily, there will be 450.  The SEC's recent Spot EFT approval will give more investors bitcoin access. The higher the stock-to-flow ratio, the harder the asset.  What about governments shutting down bitcoin, regulating it, or taxing it to death? We discuss. Bitcoin price volatility is a problem in currency adoption. Lots of energy is used in bitcoin mining. But much of it is stranded energy. Bitcoin cannot produce income. Keith Weinhold stresses his preferred way to hold bitcoin. Timestamps: Bitcoin's value proposition (00:00:01) Keith Weinhold introduces the topic of Bitcoin's value and why it is relevant to a real estate show. Jamie Dimon's criticism of Bitcoin (00:05:27) JPMorgan Chase CEO Jamie Dimon expresses his disdain for Bitcoin and blockchain technology in a heated conversation. Bitcoin's resistance to debasement (00:07:19) Keith Weinhold discusses the resistance of Bitcoin to debasement and the skepticism of governments and financial institutions towards it. The origin and value of Bitcoin (00:08:18) Nick Giambruno, an international investor, explains the history and value proposition of Bitcoin, emphasizing its decentralization and resistance to debasement. Bitcoin's hardness and production rate (00:14:21) Nick Giambruno delves into the concept of Bitcoin's hardness and its production requirements, comparing it to other assets like gold and real estate. Bitcoin's upcoming halving event (00:16:28) Nick Giambruno discusses the significance of Bitcoin's upcoming halving event, which will impact its stock-to-flow ratio and reinforce its value proposition. Bitcoin's scarcity (00:19:42) Bitcoin's limited supply and its unique scarcity attribute, compared to other commodities like gold. Upcoming halving event and Bitcoin ETF approval (00:20:53) Discussion on the significance of the upcoming halving event and the approval of a new spot for Bitcoin ETF, indicating the growing acceptance of Bitcoin. Bitcoin as a currency and value proposition (00:22:42) The value of Bitcoin as a currency for transferring value and its resistance to debasement, emphasizing the importance of self-custody of Bitcoin. Global adoption of Bitcoin (00:24:30) Comparison of Bitcoin adoption in different nations, highlighting the potential benefits for early adopters and the impact of Bitcoin on the world's financial landscape. Bitcoin's market potential and investment consideration (00:27:27) The potential market share of Bitcoin in the global economy and the consideration of Bitcoin as an investment asset. Government's ability to regulate Bitcoin (00:34:11) Discussion on the government's potential regulation and taxation of Bitcoin, emphasizing the power of economic incentives and Bitcoin's resilience to government intervention. Bitcoin's uniqueness and credibility (00:36:12) Differentiating Bitcoin from other cryptocurrencies, highlighting its credibility and resistance to change, making it the real innovation in the crypto space. Bitcoin as a Store of Value (00:37:55) Discussion on Bitcoin's role as a store of value and its comparison to gold. Bitcoin as an Emerging Form of Money (00:38:25) Explanation of Bitcoin as an emerging form of money and its distinction from established money like gold. Bitcoin's Transaction Network and the Lightning Network (00:39:37) Explanation of Bitcoin's transaction network, scalability, and the use of the Lightning Network for smaller transactions. Earning Income from Bitcoin (00:41:40) Discussion on earning income from Bitcoin through related companies, dividends, and caution regarding Bitcoin lending services. Bitcoin Exchanges and Custody (00:44:20) The importance of custodying your own Bitcoin and the risks associated with centralized Bitcoin exchanges. Connecting with the Guest (00:45:13) Information on how to connect with the guest and access a helpful Bitcoin guide. Bitcoin's Energy Use and Price Volatility (00:46:01) Insights into Bitcoin's energy use, price volatility, and the use of stranded energy sources by miners. Real Estate vs. Bitcoin (00:47:04) Comparison of real estate as a wealth builder with the merits and risks of owning gold and Bitcoin. Disclaimer and Conclusion (00:47:54) Disclaimer about the content and a conclusion to the episode. Resources mentioned: Show Page: GetRichEducation.com/488 More on Nick Giambruno: FinancialUnderground.com For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:01) - Welcome to GRE. I'm your host, Keith Weinhold. Why does Bitcoin have any value? And why is a real estate show dedicating one episode to this topic now? The benefits and criticisms of the world's largest cryptocurrency Bitcoin today on Get Rich Education. If you like the Get Rich Education podcast, you're going to love art. Don't quit your day. Dream newsletter. No, I here I write every word of the letter myself. It wires your mind for wealth. It helps you make money in your sleep and updates you on vital real estate investing trends. It's free. Sign up egg get rich education com slash letter. It's real content that makes a real difference in your life, spiced with a dash of humor rather than living below your means, learn how to grow your means right now. You can also easily get the letter by texting gray to 66866. Text gray to 66866.   Corey Coates (00:01:06) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold (00:01:22) - Work degree from Quito, Ecuador, where I am today, to the Mosquito Coast, Nicaragua, and across 188 nations worldwide.   Keith Weinhold (00:01:29) - You're listening. One of the United States longest running and most less than two shows on real estate investing. I'm your host, Keith Reinhold. Yes, we're a real estate show, but with 488 episodes, it's time to focus at least one of them. Finally, on Bitcoin. We'll bring it back to US real estate next week. Now, this is for a few reasons. Today, Bitcoin is largely misunderstood. It's become so big that it's hard to ignore. And there are two recent Bitcoin events two happenings with global impact that makes now the right time to cover this. Now look, I think that it's human nature that when you learn about something new for the first time and you don't understand how it works like Bitcoin, it's sort of innate to you start criticizing it or sort of discounted in your mind, chiefly because you don't understand it. Though Bitcoin's pseudonymous creator, Satoshi Nakamoto wrote the Bitcoin paper in 2008 and the first Bitcoin was issued in 2009. And, you know, when I first heard about it sometime after that, I probably discounted it in my mind as well.   Keith Weinhold (00:02:45) - And I think most people that don't understand Bitcoin, you know, they first think something like, oh come on, what is this. Just magic internet money. How does that work? How could that have any value. And I think is one matures when encountering the unknown. They inquire rather than criticize it. Look now and I'm getting really personal here, aren't I? I don't do drugs and I never have. But I don't criticize those that do drugs because it's a world that I just don't understand at all. Last year I was having dinner with a couple. They asked me what book I'm currently reading, and I told them that it's a 350 page book about Bitcoin, and the response was laughter, sort of dismissing it. And they said, well, how could anyone write that many pages about Bitcoin just completely discounting the whole thing? Well, for me, a turning point on Bitcoin is when I found highly intelligent people that understood it well and they were excited about it and they endorsed it. Now real estate has more intrinsic value than the dollar or gold or Bitcoin.   Keith Weinhold (00:04:02) - Because real estate is essential to your survival. You can make arguments that the dollar, gold and Bitcoin all have questionable backing. But today enough people agree that the dollar, gold and Bitcoin all have value. People are agreeing all three gold, the dollar and Bitcoin have varying levels then of anthropogenic faith. Today you and I, we live in a digital world that's comprised of 195 world nations. Well then, shouldn't money be made of something that's digital and doesn't know any national borders? Think of Bitcoin's value proposition this way you cannot move dollars across time. That's due to inflation. You can't move gold across space that's due to weight and security. But consider this Bitcoin can be officially moved across both space and time. Its supply is absolutely fixed. At 21 million, there can never be more than 21 million bitcoin either. It's traded on the blockchain, which is basically a digital ledger, but not every intelligent or influential finance person believes in Bitcoin. Of course, not every one of them. For example, it gets a little heated here from last month.   Keith Weinhold (00:05:27) - This is one of the most powerful men in the world. JPMorgan Chase CEO Jamie Dimon. He's getting annoyed about CNBC asking him about Bitcoin just entirely too often. What do you make of the other firms the BlackRock's of the world.   CNBC (00:05:42) - That that obviously and Larry Fink change his view of this obviously. And maybe he changed his view because you think he genuinely believes in Bitcoin or or believed it because he thinks that there's a marketplace for it and he wants to be part of that market. But what do you think of the there's about a dozen big financial companies, fidelity included.   Jamie Dimon, JP Morgan Chase (00:05:59) - Number one I don't care. So just please stop talking about this. And and I don't know what he would say about blockchain versus currencies to do something versus Bitcoin that does nothing. And maybe that's not different than me. But you know, this is what makes a market. People have opinions. This is the last time I'm ever in state. In my opinion.   CNBC (00:06:18) - Gold really didn't do anything either.   Jamie Dimon, JP Morgan Chase (00:06:21) - Yet because it's limited in supply.   Jamie Dimon, JP Morgan Chase (00:06:23) - So it's and it's been used. Uh, so you think so, huh? I do think there's a good chance that when bitcoin when we get to that 20 million bitcoins 42 know that Satoshi is going to come on there laugh hysterically. Go quiet. All Bitcoin is going to be erased I think. How the hell do you know it's going to stop at 21? I've never met one person who told me they know for a fact they take that as it's not.   CNBC (00:06:44) - It hasn't happened because by the last one will be mined in 2150. And it gets harder and harder every time there's another halving. But but, Jamie, I do like looking back over.   Jamie Dimon, JP Morgan Chase (00:06:55) - Just do what you want. I'll do what I want. Ask for gold.   CNBC (00:06:57) - You can. The six characteristics that make gold valuable for 4000 years. They're all present in Bitcoin. That's all I'm saying. I love you and I don't want to. And I also don't I don't also don't want to be a you may enjoy Joe.   Jamie Dimon, JP Morgan Chase (00:07:08) - You may be right.   Jamie Dimon, JP Morgan Chase (00:07:09) - Yeah. Like I don't own gold either. So okay. That's what.   CNBC (00:07:11) - I mean.   CNBC (00:07:12) - Couple of quick final question.   Jamie Dimon, JP Morgan Chase (00:07:12) - I like to own things that pay me incomes, but it doesn't cost money to carry anyway. And it costs money to carry Bitcoin to. By the way.   Keith Weinhold (00:07:19) - Uh, that was Jamie Diamond. Now governments and banksters like Jamie Diamond, they often dislike bitcoin because it cuts out the use of their chief product, the dollar. So governments are especially hesitant to want to promote bitcoin, a lot of them in the world. Anyway, I've got a conversation with a bitcoin expert coming up. We're going to talk about its value proposition and then the criticisms. Yes, I'm in Quito today. I was last year in Ecuador two years ago, this Colorado sized nation of 18 million people. I plan to attempt climbing to the summit of a 20,000 foot mountain later in the week. As for today, let's continue with why should Bitcoin have any value? Today's guest is the founder of the Financial Underground, and he is the editor in chief of that publication.   Keith Weinhold (00:08:18) - He's a renowned international investor, and he specializes in identifying big picture geopolitical and economic trends ahead of the crowd. And you've seen him featured seemingly in everything from Forbes to the Ron Paul Liberty Report. He was a speaker at the well-known New Orleans Investment Conference as well. Hey, it's great to welcome on to gray, Nick. Jim Bruno.   Nick Giambruno (00:08:41) - Hey, Keith, great to be with you.   Keith Weinhold (00:08:43) - I think a lot of our listeners are real estate investors are going to be wondering now, why are you talking about Bitcoin on a real estate show? Actually, I think there are a few more commonalities here than what a lot of people think. What a real estate in Bitcoin have in common. They're both scarce, neither can be easily deluded, and they both take real world resources to produce more of. You could apply those same three attributes to gold. So real estate gold and bitcoin they have this scarcity. And really I think that's a wise investing theme. Go ahead and invest in what's scarce. Limit what's abundant and take zero cost to produce like dollars.   Keith Weinhold (00:09:21) - So really that's the commonality between real estate in Bitcoin. But on a real estate show, I think we have a lot of listeners that just don't have an overall common understanding. Nick, of just what is bitcoin and why does it have any value in the first place?   Nick Giambruno (00:09:37) - Well, that is a some very good observations and a very profound question. What is Bitcoin. Well, Bitcoin is a relatively new asset. However it has been decades in the making. People don't understand that Bitcoin didn't just fall out of the sky, or is some kind of accident in some mad sciences garage. This is something that has been in the the works basically since the late 70s, and it came out of the Cypherpunk movement. Now, you may have heard of these people. You may have not. The Cypherpunks are basically I find them as the good guys. They are involved in creating technologies that empower the individual and disempower the state. They are behind some of the most prominent freedom oriented technologies that you and I may take for granted, including encryption.   Nick Giambruno (00:10:27) - And that's another story in and of itself. Let me just briefly get into that, because that's what puts the crypto cryptography in cryptocurrency. Cryptography is a very important field. It's basically the method of encoding information so that only the recipient can see it. And it's very important to understand that while we take for granted the average person has access to unbreakable cryptography today, that was not always the case. Cryptography has been around since the time of the ancient Greeks, and maybe even before, but it's always been a government monopoly until very recently in terms of historical standards, when cryptography was made available to the average person. That is a very profound thing, because now the average person can secure their information and secure their online life in a way that nobody can break. The US government can't break it. Chinese government can't break it, nobody can break it. And that is very important. And that laid the foundation for Bitcoin. So what is bitcoin. It's just a summit. But it is a superior alternative to central banking.   Nick Giambruno (00:11:27) - And that is a very revolutionary thing. It basically does the job of what a central bank does but much much, much better and removes all of the corruption, all of the nastiness that goes along with central banking. So what we have here is a genuine, workable alternative to central banking, and we can get into the details of that. But if you want to look at it, what it is, that's what it is. And at the same time, it's a form of money that is not just resistant to debasement, it's totally resistant to debasement. You're talking about gold and real estate. Well, gold. What made gold money over thousands of years? Yes, it is scarce. However, I always like to use this example. There's a concept that's related to scarcity, but it's not that it was scarce. And the reason is, is think about platinum and palladium. There's actually scarcer than gold, like there are fewer ounces of platinum and palladium in the world than there are gold ounces. So why don't people use platinum and palladium as money? It's a very, very important point.   Nick Giambruno (00:12:26) - The reason is, is because the platinum and palladium supply is not resistant to debasement. So it's scarcer, but it's not resistant to debasement. What does that mean? It means the annual supply growth of platinum and palladium are basically equal to the stockpiles. So depending on what this year or next year's annual production of platinum or palladium are going to be, it can wildly swing the market. That is not true of gold. Gold is only about 1.5% growth per year. And that's very, very consistent. What does that mean? That is a very important concept. So the gold supply only grows at about 1.5% per year.   Keith Weinhold (00:13:02) - And this is basically an inflation rate.   Nick Giambruno (00:13:04) - Yes it is its inflation rate. But it's very small and nobody can really change that. Think about it. There's a. It's not as if people don't want to increase the gold supply. They would love to. The way that the gold is distributed in the world, and the cost it takes to mining it puts a really hard limit on what you can produce each year.   Nick Giambruno (00:13:22) - So that's what makes it a good store of value. And if something is not a good store of value, it's not going to be a good money. These are some very, very fundamental concepts I'm talking about because they also apply to Bitcoin.   Keith Weinhold (00:13:35) - Then when someone asked me what Bitcoin is to give it a really short definition, I call Bitcoin a global digital currency that's decentralized. And you brought up the decentralization. That's really important. That's where I can make a peer to peer payment without having to go through an intermediary where I can send my Bitcoin directly over to Nick. There was no bank involved in that transaction, for example, the decentralization of Bitcoin. But we talk more about why Bitcoin has value. I believe you began touching on it there, Nick. Bitcoin has this hardness, which is a strange term to people because Bitcoin is digital. So can you tell us more about Bitcoin's value that comes through its hardness.   Nick Giambruno (00:14:21) - Let me just touch on a quick point you made also. So simply put, the value proposition of Bitcoin is that it allows anybody, anywhere in the world to send and receive value without depending on any third party.   Nick Giambruno (00:14:32) - At the same time. It's a form of money that is 100% resistant to debasement. That's its value proposition. That's a very profound thing. So going to the hardness. Yes, hardness is a concept that a lot of people get confused. Look, I love gold, I own gold, I recommend gold chain from the gold community. And I know the gold community. So I think a lot of people in the gold community get confused around this hardness now. They think it's hard, like physically hard, like abrasive metal. That's not what art means. Hard. And in terms of a hard asset, what it means is hard to produce. That's what it means. Yeah, that's what a hard asset is. It's hard to produce. And what is the opposite of that? Something that's easy to produce. Nobody would want to store their value, store their savings, store their economic energy into something that somebody else can make with no effort, almost like, you know, oh, let's put our life savings in arcade tokens or frequent flyer miles.   Nick Giambruno (00:15:26) - It's ridiculous when you think of it in that way. But that is, in my humble opinion, the most important attribute of money is that it's hard to produce all the other attributes of money. Quite frankly, are meaningless if the money is not hard to produce. Because if it's not hard to produce, none of the other stuff matters. And that's the most crucial attribute of money.   Keith Weinhold (00:15:45) - Yes, reinforcing why we have that investing theme of invest in something that's scarce and difficult to produce and takes real world resources to produce, much like real estate does. Much like gold with all the mining and assaying and much like Bitcoin, because to produce new Bitcoin, it takes electricity, it takes hardware and it takes software, some real world resources in order to produce Bitcoin. We talk about the production rate or the inflation rate in just a couple months. Here we're coming up on something really interesting, which is really one reason why I have you on the show talking about Bitcoin now. And that is the having event, the halving being that rate of new Bitcoin issuance is cut in half every four years.   Keith Weinhold (00:16:28) - So tell us more about that and bring the stock to flow ratio into the conversation here. We're at a cusp.   Nick Giambruno (00:16:34) - Of a very important moment in monetary history. Because you can quantify the hardness of an asset. It is quantifiable. It is basically the inverse of the supply growth. And there's another way of saying that, as you mentioned, the stock to flow ratio basically. In short, you got the stockpiles. That's what's available. And then you have the flow which is like the new supply. So the higher the stock to flow, the harder the asset is and the more resistant to debasement it is. And same thing when you take the the supply growth, you want a smaller supply growth. It's just the inverse of the stock to flow. So gold has always been mankind's artist money for thousands of years and gold's stock to blow ratios about I think it's around 60 which means it takes about 60 years of current production to equal current supplies. If you look at silver, it's much less than gold.   Nick Giambruno (00:17:25) - And every other commodity is closer to one, which means that every year the new production basically equals the existing stockpiles. And that's not a very good attribute for something that you want to have as a store of value. Now, what is going to happen in this having that's coming up in around April of this year? You can quantify the stock that flow. I just told you how to quantify it. So right now Bitcoin and gold have about equal stock to flow ratios in about equal hardness. However a key feature of the Bitcoin protocol is that every four years the new Bitcoin supply issuance gets cut in half until around the year 2140, when it is just goes to zero. So Bitcoin is not only going to exceed gold's hardness in a few months, it's going to double it. Now that is a very interesting moment in monetary history because mankind has not had a harder money than gold I don't think. Ever. So this is all going to be very important and it's coming very soon in April. Late April I think is when it's going to happen.   Nick Giambruno (00:18:28) - So a very important moment in monetary history.   Keith Weinhold (00:18:31) - There is real profundity there with the stock to flow ratio of Bitcoin exceeding that of gold with the upcoming having. And if you, the listener still hung up on the stock to flow ratio, we're talking about the ratio of the existing stock, how much of this stuff already exists, whether it's real estate or gold or Bitcoin divided by the rate of new issuance. So the higher the stock to flow ratio, and as it has the greater hardness it has. And currently 900 new bitcoins per day are being produced. And the having means just what it sounds like in April that will drop to 450 new bitcoins being mined into existence each day. So really you can think of Bitcoin as being disinflationary. It will continue to inflate until the year 2140. Like Nick described. That's when new bitcoin will cease to be mined. And until that point, the new amount the flow continues to get halved. Every four years, there will only ever be 21 million Bitcoin that exist, and 19.6 million of those have already been mined.   Keith Weinhold (00:19:36) - So you can get an idea of the hardness and how this helps supply the value of Bitcoin.   Nick Giambruno (00:19:42) - Well, absolutely. And it's he talks about that. I think it's something like 93% of the time, supply has already been mined, and the remaining 7% are going to come online over the next 120 years or so. You might want to get some before other people figure this out. There is definitely not enough Bitcoin for every millionaire to have one bitcoin, it's far less. I think there's something maybe 50 million millionaires in the world, probably more. They can't all have a bitcoin. It's a very tight supply and we have a situation here too that is related. Because Bitcoin is the only asset, the only commodity were higher prices cannot induce more supply. If gold went to 10,000, you can be sure there are going to be more gold miners getting into the business, more economic deposits being found and and exploited and more supply eventually coming on to the market. Great point. And the same is true for every commodity.   Nick Giambruno (00:20:38) - Gold is just the most resistant to that process. However, Bitcoin, no matter how high the price goes, it cannot induce the production of more Bitcoin. That's a very unique scarcity attribute that I don't think people really appreciate very much. It's certainly there.   Keith Weinhold (00:20:53) - So this upcoming halving event is one reason why I'm having Nick on the show now to do our first ever Bitcoin episode in almost 500 episodes. And the other reason is the nation see of the SEC approving a new spot to Bitcoin ETF. And all that basically means is it helps give everyday investors really easy access to Bitcoin without having to set up a crypto wallet and bam, hey, your mom can become a crypto bro now.   Nick Giambruno (00:21:22) - It is certainly a milestone in acceptance. I think it signifies that Bitcoin is no longer a fringe. It's here to stay. It took over ten years for the SEC to approve one of these things. I think the Winklevoss twins applied over ten years ago for the first Bitcoin ETF, so they reluctantly did it. I don't think they want it to do it.   Nick Giambruno (00:21:43) - I think they lost a couple of key court cases that kind of forced their hand, but they did approve it. I frankly don't recommend the ETFs. It's not really Bitcoin because what you have is a Bitcoin IOU, several Bitcoin IOUs. So let's say you buy the Blackrock Bitcoin ETF. Will you have an IOU from your broker for the Blackrock ETF share. And the broker has an IOU from Blackrock. And then Blackrock has an IOU from Coinbase which actually holds the Bitcoin. So I always tell people look it's a spectrum. If you want to take that trade off and you're taking a trade off for convenience over a security and sovereignty, if you want to take that trade off, that's go right ahead. But be have your eyes wide open and be conscious of the trade off that you're making. I always prefer to, uh, tell people Bitcoin is unique. This is a bearer asset. People forget about bearer assets. Bearer assets are a very good thing. They give the people who hold them ownership over them.   Nick Giambruno (00:22:42) - I think people who are interested in sovereignty. One thing too that's very important is that even if the Bitcoin price stays flat forever, it doesn't go up at all. It still offers people tremendous value as what we were talking about before, even if it stays flat and doesn't go up ever again, it's still offers anybody, anywhere in the world the ability to send and receive value from anybody else, anywhere in the world, and to hold money that's resistant to debasement, that's hugely valuable, even if the price doesn't go up. So and you can only get those benefits if you hold Bitcoin properly in your own bitcoin wallet, where you control the keys and only you control the keys, because that's who has ownership to this. Bitcoin is by who controls those private keys. You can just kind of think of that like the password dear Bitcoin. So that's what you want to do. If you can learn how to drive a car you can learn how to self-custody Bitcoin.   Keith Weinhold (00:23:33) - I love what you did there, Nick, because what you helped us do is you helped us transition from talking about Bitcoin as an investment asset to using bitcoin as a currency, if you wish to use it to transfer value.   Keith Weinhold (00:23:47) - Really, Nick, I think a lot of people in the United States, one reason that they're not that interested in Bitcoin is because our currency, our United States dollar, it sure has problems. It sure recently went through a big wave of inflation, but our currency just is not as bad as some of these worthless pieces of paper have been in the Argentine currency or in Turkey or in Iran or Haiti. So maybe Americans don't have enough of a reason to want to go ahead and get a currency that holds its value. So what are your thoughts with what people in other nations are doing, including El Salvador, with immediate legal tender versus the United States, where we have this dollar that's being debased but just not quite at the rate of most other world nations.   Nick Giambruno (00:24:30) - That's a good point. I see this in my travels around the world. It may seem like an advantage for the Americans, but I think it's a disadvantage because they're going to be catch on to this last because they're going to have, oh, we've got the dollar.   Nick Giambruno (00:24:43) - The dollar's great. So why do I need to look at other alternatives. And and they're going to be the last people. So you're going to have I think what you could see over this the next few years, and certainly over the longer term, is that countries like El Salvador, the countries that are experiencing the highest rates of inflation now and are thus more motivated to look at a superior form of money like Bitcoin or gold, but a lot of them are going to Bitcoin. These are going to be the countries that might fare better over the long term, because they're going to be relatively early adopters in this superior monetary technology. Nobody takes a horse and buggy from New York to California anymore. No, you don't need to because you have airplanes, you have cars, superior technologies for transportation. And likewise, we now have a superior technology for money, which is to say storing and exchanging value. That's all money is. People think it's all confusing. You need a PhD and there's all these charts and confusing jargon.   Nick Giambruno (00:25:38) - Money is not confusing. It's actually intuitive and anybody in the world can understand it. It's just something that stores and exchanges value. It's really quite simple. So now we have a superior technology for storing and exchanging value. And I think people who adopt it first are going to reap the most benefits. There are a lot of Americans who have adopted it, but they have been spoiled by the fact that the dollar has been the world's reserve currency. Now, I think that's going away. That's a whole other story. I think that's the two big reasons why, you know, you shouldn't just depend on the dollar one. We can talk. This is a whole new discussion about the dollar as the world reserve currency. I think it's going away. But now despite that we also have a superior alternative with Bitcoin. So yeah, I think the people who are going to adopt this technology sooner are going to reap the most benefits.   Keith Weinhold (00:26:24) - Well, Nick, in your opinion, is Bitcoin's takeover inevitable and how does that look?   Nick Giambruno (00:26:30) - I don't think anything's inevitable.   Nick Giambruno (00:26:32) - I think it's a good that I mean, if I thought it was inevitable, I would sell everything and buy it. I have a more diversified portfolio, but I have a strong conviction in it, very strong conviction in it. But nothing is certain. Nothing's 100%. So I never tell people, you know, and I'm not giving anybody any investment advice. I'm not a registered investment advisor or anything like that. But in any case, even if I was, I wouldn't tell anybody to go all in on anything. And that's certainly not how I manage my risk. However, I do have a very high conviction in it, and I think as it stands now, it has an excellent chance at gaining huge market share in the market for money. And people don't think of money as a market, like a real estate market or a technology market, or the market for any industry. But money is a market. It's probably the biggest market. And I think Bitcoin is you need to put it into perspective, the market cap of all the gold in the entire world is about $13.7 trillion.   Nick Giambruno (00:27:27) - The market cap for all Bitcoin in the world, last I checked, is around $850 billion. So we're less than 10% of gold's market cap. It has. And that's not even including all the fiat currencies. All the fiat currencies have a much larger market cap than even gold. So Bitcoin is just a blip on people's radars. So I think it has a lot of upside from here.   Keith Weinhold (00:27:46) - One important question an investor can ask themselves once they learn more about Bitcoin is, can I really afford to have absolutely none? You're listening to get reciprocation. We're talking with Nick Bruno of the Financial Underground Warren. We come back when now we've talked about the upside of Bitcoin. Let's talk about a lot of the criticisms you're listening to get rejection I'm your host Keith Weiner. Role. Under this a specific expert with income property, you need Ridge Lending Group and MLS for 256. In gray history, from beginners to veterans, they provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's.   Keith Weinhold (00:28:29) - Start your pre-qualification and chat with President Charlie Ridge personally. They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com. You know, I'll just tell you, for the most passive part of my real estate investing, personally, I put my own dollars with Freedom Family Investments because their funds pay me a stream of regular cash flow in returns, or better than a bank savings account up to 12%. Their minimums are as low as 25 K. You don't even need to be accredited for some of them. It's all backed by real estate and that kind of love. How the tax benefit of doing this can offset capital gains and your W2 jobs income. They've always given me exactly their stated return paid on time. So it's steady income, no surprises while I'm sleeping or just doing the things I love. For a little insider tip, I've invested in their power fund to get going on that text family to 66866. Oh, and this isn't a solicitation. If you want to invest where I do, just go ahead and text family to six, 686, six.   Keith Weinhold (00:29:52) - This is Richard Duncan, publisher of Macro Watch. Listen to get Rich education with Keith Winchell. And don't quit your day dream. You're listening to SOS created more financial freedom for busy people just like you than nearly any show in the world. This is jet versus cash, and I'm your host, Keith Whitehall. We're talking with the Financial Underground's Nick Bruno. We're talking about Bitcoin in a dedicated episode for the first time ever here in the history of the show. And when we had a chance to talk to Nick Bruno, you can see why we wanted to do this. But, Nick, a lot of people in the United States are concerned that the US government might do something similar to what China did and just go ahead and shut down Bitcoin and shut down cryptocurrency because Bitcoin, it basically competes with the US government's product, the dollar. So what are your thoughts when people say, oh I don't know about that. The government can just shut Bitcoin down.   Nick Giambruno (00:30:53) - I'm glad you mentioned China because the communist governor of China is a very powerful governments.   Nick Giambruno (00:30:58) - It's one of the most powerful and maybe arguably the most powerful government in the world. And they've tried many times to ban Bitcoin. You know how it turned out. It was a total failure because Bitcoin is basically code in its mathematics. So it's not the easiest thing to ban even if they wanted to ban it. You're trying to ban mathematics because that's all Bitcoin is. And further many Bitcoin wallets and it all works on cryptography. As and as I said, cryptography is just advanced mathematics. Many Bitcoin wallets have a way to back up your funds a 12 word phrase. So if you can memorize well words, which represents your wallet, you can potentially store billions of dollars just in your head. Now this is how are you going to ban that? You can't ban that. It's completely impractical. I always tell people, you know, look at how governments have tried to ban cannabis. Everybody has been able to buy cannabis in any city they wanted to. And then also other countries have tried to ban US dollars.   Nick Giambruno (00:31:57) - Argentina tries to ban U.S. dollars, Venezuela tries to ban U.S. dollars. You know what it does? It creates nothing. But an underground market doesn't extinguish people's desire to have dollars. And I think that's what we have here. I think economic incentives are more powerful than governments. And aside from that, I don't think that's going to happen because what they approve all these ETFs, that they were just going to turn around and ban it? I don't think so. Further, you have lots of court cases. There is established federal court cases that have ruled that computer code, which Bitcoin is just computer code, is equivalent to free speech protected under the First amendment of the US Constitution. Oh yes, I understand the Constitution is not people can change it and it's malleable. But still, that complicates any government's desire to ban it. They're going to have to overturn those federal court cases. That's not going to be easy. And even if they do, how are you going to ban something that somebody can just memorize with 12 words written on a piece of paper or in their head, it's completely impractical.   Nick Giambruno (00:32:58) - And then, of course, you have the example of China, which has banned Bitcoin several times. You know what? Absolutely nothing happened. But Bitcoin business is moving out of China and Bitcoin adoption among regular Chinese people going up. They can hinder businesses and large like entities that have big presences. They can hinder that certainly. But Bitcoin is global. It'll just go where it's treated best. It's like water. It'll just move to wherever it's treated best. I always say this too. So even if like the northern hemisphere disappeared, let's say there's an all out nuclear war between Russia and the US that will basically wipe out the northern hemisphere. You know what? Bitcoin won't miss a beat in the southern hemisphere. It'll still keep going in the southern hemisphere because it is decentralized and un over tens of thousands of computers around the world. And if even one of those computers survives Bitcoin lives on. So I think this is a very, very hard I wouldn't want to be trying to ban this thing because it's not practical.   Keith Weinhold (00:33:56) - Other critics say, all right, if the government can't ban it, well, the government can just then allow it make it be legal, but they can regulate the heck out of it and they can tax it at really high rates. What are your thoughts there?   Nick Giambruno (00:34:11) - Well, the government can do whatever it wants, but I think, yes, it can do all of those things. But I think here's the main point is that Bitcoin is we talked about economic incentives. Economic incentives are more powerful than politicians. And I think that's a truism. So as more people become holders of bitcoin aware of bitcoin, I don't think restricting bitcoin or banning bitcoin or adding regulations to Bitcoin or adding taxation to it, I don't think that's going to help anybody win an election. Is that going to help anybody win an election? I don't think so. That would be extremely politically unpopular. Yeah, that could happen. It would be bad news for the people who live in that jersey. But you know what? It's not going to kill bitcoin.   Nick Giambruno (00:34:52) - It's going to just be a hindrance for the people who live under these Luddite politicians who would do such a thing. But I don't think they're going to do such a thing. They just approve the ETF. I think Bitcoin has reached escape velocity in terms of its political popularity. I don't think anybody is going to win an election by being tough on Bitcoin.   Keith Weinhold (00:35:11) - A number of congresspeople hold bitcoin, Cynthia Loomis being one of the more prominent ones. And then you and I talked about the SEC spot Bitcoin ETF approval earlier. Well, that's a bit of a de facto stamp of approval on bitcoin really in a sense. And I think another criticism Nick, in my opinion this is easy to dispel. But some people will say, well, there are tens of thousands of cryptocurrencies out there. This stuff's just junk. There's something like hump coin that a prominent rapper promotes. I mean, all this stuff is just a bunch of junk. When all these cryptocurrencies come out. And I tend to think that's very different than Bitcoin.   Keith Weinhold (00:35:50) - Just like if there's some new stock IPO with zero fundamentals that comes out, I mean that doesn't diminish blue chippers like Apple or Microsoft at all. So I think of Bitcoin as the first or one of the first cryptocurrencies with a finite supply. So these overnight fly by night new cryptos I don't think that's really a very good criticism of Bitcoin.   Nick Giambruno (00:36:12) - No, I think this is one of the most popular misconceptions is that there is this crypto asset class and that Bitcoin is just one of 20,000 cryptocurrencies. And I think this is transparently false. It's like saying, oh, you know an increase in the pyrite supply is going to, you know, dilute the gold or something right. So it's kind of ridiculous. And the reason behind this is very simple. Bitcoin is the only one that nobody controls. Nobody can change bitcoin. It's the only one that is like that from Ethereum which is number two on down. They can be changed. A group of people can get together and change it. And in fact, Ethereum's monetary policy has been changed more often than the Federal Reserve's monetary policy.   Nick Giambruno (00:36:54) - It's just instead of the FOMC getting together and deciding what we should do with the money supply, it's a group of Ethereum developers and insiders that get together and change it. And the same thing is true of every other cryptocurrency. So that's the very defining feature of Bitcoin is that nobody can change it. That's what makes it interesting. If somebody could change Bitcoin, it wouldn't be interesting. And we don't need to get into the weeds of that. But needless to say, Bitcoin is the only one where the supply has credibility. We all know the bitcoin supply is 21 million. Nobody can do anything to change that. What is the Bitcoin supply going to be in five years? I could tell you with precision what it will be in five years. I can tell you with precision what it'll be in ten years. And you tell me what the Ethereum supply is going to be in five years. Can you tell me what the supply is going to be in ten years? You tell me what any cryptocurrency aside from Bitcoin supply is going to be in five years.   Nick Giambruno (00:37:41) - No you can't because it depends on how the developers are going to change it. So it's quite ridiculous to lump these two things together. They're entirely separate. Crypto is a cesspool. Quite frankly. Bitcoin is the real innovation.   Keith Weinhold (00:37:55) - And immutable protocol as they call it. Nick, I think one criticism is to pull back. We all know that money is three things. It's a store of value. It's a medium of exchange and it's a unit of account. And a lot of people say, I don't think Bitcoin can be a legitimate currency because all people do is store it. So it might meet the store of value criterion of those three. But I don't know about its legitimacy as a currency. Does that matter? I mean, people kind of use gold as a store of value, but not a currency. What are your thoughts?   Nick Giambruno (00:38:25) - Yes, it does matter. And it's a good question. The answer is is Bitcoin is not an established money. Take gold for example. Gold has been around for thousands of years.   Nick Giambruno (00:38:34) - It is an established form of money. Bitcoin is an emerging form of money. It's a very big distinction. So I personally think the way this will go and you know people disagree. But I think just logically, if you look at it, yes, story of value comes first. Why. Because once people store their value in Bitcoin, the monetary network of people who will be willing to exchange that bitcoin for something else grows and you can't have one before the other in terms of like nobody's going to exchange bitcoin if they're not already storing bitcoin. So the more people that store bitcoin have it available to exchange it for other people, it's like a network effect, any kind of network effect. That's a monetary network effect. And that's time to build further Bitcoin related misunderstanding is you kind of view Bitcoin in a different lens than just paying for like a cup of coffee, because that's really not what it's made for. The Bitcoin network has a hard limit on the number of transactions that I can process every day in order to keep it decentralized, because if it processed everybody's coffee transaction, you would need huge data centers to run the Bitcoin software.   Nick Giambruno (00:39:37) - The matter is, is that the Bitcoin software needs to be decentralized. So right now, anybody who has an average laptop, an average Raspberry Pi can run Bitcoin. That is very important for its decentralization. And if you were putting everybody's retail transaction on the Bitcoin blockchain would be impossible. You need large data centers. Now does that mean Bitcoin can't scale to become a medium of exchange? Absolutely not. You have to just think of bitcoin. What is a Bitcoin transaction represents. It represents final international settlement and clearance. So it's more akin to an international wire transfer. You wouldn't pay for a cup of coffee with from a Swiss bank account to Starbucks in New York. That's basically what you're talking about. What you do is you build layers. There are different layers that are built on top of that bedrock, which is the Bitcoin network that is immutable, unchangeable, and then you build transaction networks on top of that. So what we have with Bitcoin, the most prominent one right now is called the Lightning Network, which is another network that's built on top of Bitcoin that is really more suitable for smaller day to day coffee transactions.   Nick Giambruno (00:40:43) - You can actually send about 1/32 of a penny over lightning. So you can do all sorts of micro-transactions. Very interesting. So that's akin to, you know, like a credit card or a credit card is kind of like a layer two network that's built on top of central banks, which do international clearing and settling, and credit cards are built on top of that. And you can think of the same kind of solutions that are going to be built on Bitcoin. You're going to have different layers for different applications. And in terms of these medium of exchange and transaction network in Bitcoin it's the Lightning Network. And it's very exciting to use.   Keith Weinhold (00:41:19) - Yeah the Lightning Network it's been around for a while. It's been getting more adoption to help promote payments through Bitcoin. Being a real estate investing show here, oftentimes our listeners are interested in buying a property that will produce income from a tenant that's in that property. Can Bitcoin produce income?   Nick Giambruno (00:41:40) - Bitcoin itself cannot produce income because it's just simply money. It's simply an asset in the same sense that gold doesn't produce income.   Nick Giambruno (00:41:47) - If you want to earn income from Bitcoin, invest in Bitcoin related companies and Bitcoin related businesses that pay dividends. There are some and there is going to be many more. There are Bitcoin mining companies. These are companies I specialize in covering. In my financial research. They're relatively new. They don't pay dividends yet, but there are several that are looking to establish dividends. You can also lend your bitcoin I mean that's not bitcoin giving you a yield. That's you earning a yield from lending your bitcoin. I would caution you because there's been a lot of these kinds of bitcoin lending services that have gone bankrupt. BlockFi Celsius I'd be. And so whenever I hear about Bitcoin yields I caution people to be not just vigilant, be double vigilant of how you would normally be because there's been so many scams in this area and bad companies that have gone bankrupt. Taking advantage of people looking to earn a yield on their bitcoin. It's really a nascent industry. And you know what? Look at Bitcoin's compounded annual growth rate over any period of time for years.   Nick Giambruno (00:42:50) - You don't need a yield. It's going up if the trends continue. And I always tell people if you're going to invest in Bitcoin, have at least a four year time horizon, because that's a long time horizon. But the reason is, is because that gives you through one halving cycle, these having cycles go every four years. It's almost impossible. There's maybe a couple of instances, a couple of days where the bitcoin price wasn't higher than it was four years ago. So I always tell people have a four year time horizon when you're dealing with Bitcoin. And when you look at the returns, that could be possible. And I think the pastor. Returns. Past performance doesn't guarantee anything in the future, but I think that being said, we can expect this cycle to be similar to the other cycles. When you see that kind of potential, it should really make you not interested in these yield products.   Keith Weinhold (00:43:39) - You mentioned a couple of bankrupt crypto exchanges there, BlockFi and Celsius. I got caught up in some of that.   Keith Weinhold (00:43:48) - Now I keep all of mine on a hard wallet because really what these exchanges do is they're centralize something that's supposed to be decentralized like Bitcoin, and it gives Bitcoin a really bad name. Nick, I had some people reach out to me when FTX imploded and people said, this proves that Bitcoin is a scam. And I had to gently explain to people, whoa whoa whoa whoa whoa whoa whoa. Just because Wells Fargo or Chase fails. We didn't say the dollar failed. It wasn't a failure in Bitcoin. It was a failure in these exchanges.   Nick Giambruno (00:44:20) - Oh, yes. This has been going on for a long time. And before FTX, there's Mt. Gox. There's a lot of these things. So I think the underlying lesson here in all of these examples is that don't trust third parties. And with Bitcoin you don't need to trust their authorities because if you can learn to custody your own Bitcoin, you are totally responsible, totally in control of your destiny. You don't have to worry about one of these bitcoin companies going bankrupt because you hold it and only you hold it.   Nick Giambruno (00:44:48) - And I think that's what makes it special.   Keith Weinhold (00:44:51) - This has been a great chat and I think a really good Bitcoin 101 for a person that still doesn't understand very much about it. And you help people understand Bitcoin, you do an awful lot of other things, including informing people about global trends and macroeconomics. So if someone wants to connect with you and learn more from you, what's the best way for them to do that?   Nick Giambruno (00:45:13) - The best place is Financial Underground Comm. I have a really helpful Bitcoin guide that shows people how to use it in the most sovereign and the most private ways possible, and I keep that guide up to date with the current best practices, because these things change very frequently. Like what is the best wallet, what is the best hardware wallet, and so forth. So I keep this guide alive with the best current practices. I think that would be a big help for people. Could definitely save them many, many hours of time by simply just identifying today's best practices. So I think that would be very helpful.   Nick Giambruno (00:45:45) - You can find all that at Financial underground.com.   Keith Weinhold (00:45:49) - Nick Bruno has been super informative. Thanks so much for coming on to the show.   Nick Giambruno (00:45:54) - Thank you Keith, great to be with you.   Keith Weinhold (00:46:01) - Another Bitcoin criticism is its energy use. Oh, look at all the electricity that mining consumes. What a waste. But the more you learn, you find that Bitcoin miners, they often use stranded energy sources that might not get used otherwise. In fact, miners have an economic incentive to use stranded and low cost energy. Volatility in Bitcoin's price has been a real problem if you want to use it as a currency. The price for one Bitcoin peaked at almost $70,000 in late 2021, and just a year later it was under 16 K, and now the price has swelled up a lot again from that recent low. In any case, if you choose to own Bitcoin or any other crypto, please store it on a cold wallet for security. It's a small device. It's about three times the size of a thumb drive. It looks like a thumb drive, and there is a learning curve that you have to meet in order to use one.   Keith Weinhold (00:47:04) - I don't own much gold or bitcoin, just a little. They both have their merits and risks like we've discussed. I'm a real estate guy. Even most gold and bitcoin proponents that I've talked with seem to agree with me that real estate is the proven wealth builder. I'm not sure if we'll ever devote another episode to Bitcoin here. I hope that today's episode at least equipped you to ask better questions, in case you want to know more about it. Today's episode had a more international than usual feel. Bitcoin has no boundaries. I'm in Ecuador and our guest Nick joined us from Argentina today. I'll be back in the US next week when I have some really important real estate trends to tell you about. Until then, I'm Keith Reinhold. Don't quit your daydream.   Speaker 7 (00:47:54) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss.   Speaker 7 (00:48:09) - The host is operating on behalf of get Rich education LLC exclusively.   Keith Weinhold (00:48:22) - The preceding program was brought to you by your home for wealth building. Get rich education.com.

The Securities and Exchange Commission’s recent approval of spot bitcoin exchange-traded funds means that for the first time, people can invest in funds that include bitcoin with no crypto wallet required. Demand for the original cryptocurrency is only expected to grow, and bitcoin mining operators are in position to satisfy it. Two years ago, Marketplace’s Lily Jamali visited one in upstate New York. Stacks of computers burned through tons of power to generate new bitcoins, she reported. Texas is now a preferred hub, and Ben Hertz-Shargel of the consultancy Wood Mackenzie says the SEC’s move will be felt there.

The Securities and Exchange Commission’s recent approval of spot bitcoin exchange-traded funds means that for the first time, people can invest in funds that include bitcoin with no crypto wallet required. Demand for the original cryptocurrency is only expected to grow, and bitcoin mining operators are in position to satisfy it. Two years ago, Marketplace’s Lily Jamali visited one in upstate New York. Stacks of computers burned through tons of power to generate new bitcoins, she reported. Texas is now a preferred hub, and Ben Hertz-Shargel of the consultancy Wood Mackenzie says the SEC’s move will be felt there.

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