You, Me, And Btc: Liberty & Bitcoin

MP3, Poll, Links, and More: http://ymb.tc/e199This is episode 199 of You, Me, and BTC – your liberty and Bitcoin podcast.The Bitcoin price is filthy high these days. And sure, we want to celebrate that. But some people recently pointed out another record Bitcoin high that’s way less exciting. According to some, this stat indicates that crypto is in deep doo-doo.The number is related to Bitcoin transaction fees, but it’s a little different. (Although transaction fees are also rising and worth talking about tonight.) Rather, this stat is the actual energy cost to mine Bitcoin transactions. According to Motherboard, “[B]itcoin miners worldwide could be using enough electricity to at any given time to power about 2.26 million American homes.”In other words, it costs a buttload of dough to mine Bitcoin transactions. What does that mean for Bitcoin and crypto in general? Will we all come to our senses one day and realize that mining isn’t really good for the universe? Tune in tonight for our thoughts.Also in this w