We Study Billionaires - The Investor’s Podcast Network
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Preston Pysh and Pierre Rochard talk about the current draft bill in Texas that's trying to limit Bitcoin mining and what this means in the broader context of state's rights and their competition between local jurisdictions.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:10 - Why Pierre was in the Texas Congress testifying about the benefits of Bitcoin and it's mining infrastructure.
04:40 - Explain why Bitcoin is a National Security issue if a country fails to adopt and understand it.
07:55 - How much settlement is currently happening on Bitcoin and why is that important?
08:48 - Why Demand Response System are important to ensure grid stability.
23:50 - Who is the customer of Bitcoin mining?
36:08 - State rights issues and bipartisanship with respect to Bitcoin.
38:08 - What is the cost of running the existing fiat system compared to Bitcoin?
42:51 - Why CBDCs are so dangerous to freedom in the United States.
48:27 - Choke-Point 2.0.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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