Bitcoin Mining Centralization Risks & Nation-State Game Theory | Bob Burnett

Save
9 months ago
217
Finance & Crypto bitcoin financial sovereignty national viability global transactions cryptocurrency economic independence blockchain technology future of money BRICS nation-state

"If you believe, like I do, that Bitcoin in the course of the next century--and probably much, much sooner--becomes the base layer of all money, then access to that base layer becomes existential to your viability as a nation."

On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks with Bob Burnett, Founder/CEO at Barefoot Mining. They discuss Bitcoin mining centralization risks, why Nation-States will be forced to mine Bitcoin, home mining, mining pools and block templates, strategic bitcoin reserves, the present and future state of Bitcoin mining, and a whole lot more.
*****
THE Bitcoin Podcast Partners:
Download Primal: https://primal.net/downloads
GET YOUR BITCOIN OFF EXCHANGES AND KEEP IT SAFE WITH BITBOX: Go to http://bitbox.swiss/walker and use promo code WALKER for 5% off the Bitbox02 Bitcoin-only hardware wallet.
BUY BITCOIN WITH RIVER: http://partner.river.com/walker
*****
FOLLOW BOB:
X: https://x.com/boomer_btc
YouTube: https://www.youtube.com/@OldManYells-btc
*****
You can support THE Bitcoin Podcast on Geyser here: https://geyser.fund/project/titcoin
*****
WALKER’S LINKS:
NOSTR WALKER: https://primal.net/walker
NOSTR PODCAST: https://primal.net/titcoin
X/TWITTER:
https://twitter.com/walkeramerica
https://twitter.com/titcoinpodcast
Website: https://bitcoinpodcast.net/
Support THE Bitcoin Podcast on HIGHLIGHTER: https://highlighter.com/[email protected]
*****
Chapters

00:00 Introduction and Background
09:49 The Risks of Complacency in Bitcoin
17:38 Mining Pool Centralization Concerns
39:30 The Future of Bitcoin Mining
42:11 The Future of Home Mining
43:14 The Role of Individual Miners
49:00 Types of Miners: Elephants, Horses, and Rabbits
58:08 Nation-State Control of Hash Rate
01:07:26 The Value of Block Space
01:13:59 The Future of Block Space and Marketplaces
01:21:22 Centralization Risks in Mining and ASIC Production
01:29:40 Geopolitical Risks and the Future of Mining
01:34:25 The Kardashev Scale and Bitcoin's Future
01:40:58 Hope for Bitcoin's Future and Political Shifts

#bitcoinmining #bitcoinminer #bitcoinminers #bitcoin #bitcoinpodcast #thebitcoinpodcast #bitcoinnews #bitcoinprice #bitcoinadoption #hashrate #bitcoinprediction #strategicbitcoinreserve

Loading 3 comments...