Bitcoin Course | Big Picture Basics 6.4 - The New Energy Economy

Free Course Full Lesson https://hashpower.academy/lessons/6-finance-bitcoin/

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Financial Disclaimer:

This video is for educational and informational purposes only and should not be considered as financial advice or an investment recommendation.
The opinions expressed herein are solely those of the presenter and do not reflect the views of Hashpower Academy. Information is provided ‘as is’ and without warranties, either expressed or implied. We do not guarantee its accuracy or completeness. Investing in cryptocurrencies involves significant risk and should be undertaken only by individuals who can afford potential losses. Viewers are advised to conduct their own research and consult a qualified financial professional before making any investment decisions.

Video Transcript:

[Music] how best do we connect our use of money which everyone uses with our use of electricity which everyone uses so the jeel properties of Bitcoin is that it’s money and convertiable into electricity and that’s amazing because there’s countless different Industries where everything we do and produce and create in society has a cost to produce and some form with market value of competitiveness and let’s take the car for example it’s produced from aluminum typically that is using a lot of electricity electrolysis to actually produce the aluminium so raw materials are now priced in Bitcoin then it’s manufactured into a car using robotics that use a lot of electricity the production of that car is now priced in Bitcoin but also when that car goes onto the road and the charging stations they sell power as their business priced in Bitcoin and so every aspect of modern society and that just takes one example from the raw material in the ground to the end product that we use in every society and the pricing that we will see at the car charging station will all be Bitcoin and what that does is open up countless different energy and finance opportunities where the two are merged together because wealth is energy and so what does a society look like when you can convert your time and energy into a currency that is redeemable for energy itself well that’s a society I want to live in thank thank you for listening and I hope you’ve enjoyed this course it’s been a wonderful experience to create and I’ve got many more courses on the way thank [Music] you

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