Episode 18: Bitcoin Mining & the Declining U.S. Dollar
Tune in to Pierre Rochard's seminar at TCU, Neely School of Business, as he delves into the complexities of Bitcoin and mining. Explore the fundamentals of Bitcoin, shining a spotlight on its open-source code, public ledger, and unwavering dedication to transparency, accountability, and reliability.
The revelation continues with insights into the gradual reduction of Bitcoin issuance and the strategic ordering of transactions to double spending, all orchestrated within the competitive and decentralized nature of Bitcoin mining. Beyond issuing new Bitcoin and managing transactions, mining's impact on decentralization and value is scrutinized, covering Satoshi's block size limit, transaction fees' influence on block space, and the electricity-intensive cost of mining. Learn more about the developments in mining industry hosting, real estate, and strategies for hedging future Bitcoin production, emphasizing the relationship with the declining dollar.
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