| Have you ever thought about the correlation between energy consumption and digital currencies? As it turns out, they might be far more associated than most people are aware of. In this episode, Lee Bratcher joins Mike Mauceli to discuss the technical aspects of blockchain technology, and how it interfaces with the harvesting and consumption of energy. SHOW NOTES: 00:00 – Intro 05:25 – How can energy byproducts generate Bitcoin? 09:18 – How much natural gas is needed to justify this type of capture setup? 11:51 – Can the U.S. dollar be used in blockchain transactions, or is it only digital currencies? 15:46 – Would the U.S. economy be impacted if oil and gas were transferred via blockchain? 19:50 – What is at risk from countries banding together to make their own digital currencies? 26:07 – Do experts anticipate credit ratings affecting our interactions with USD-backed digital coins? 32:30 – What is the cost of a ‘bitcoin operator’ facility? Looking for more on Lee Bratcher? X: @lee_bratcher Website: www.texasblockchaincouncil.org ----- Please read carefully. This is not financial advice. You may be asking, “What does that mean?” Let me explain… Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities. |
Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
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