Guests: Lee Bratcher (twitter.com/lee_bratcher) Ben Hertz-Shargel (twitter.com/benhertzshargel) Host: Richard Yan (twitter.com/gentso09) Today’s motion is “Bitcoin mining is good for the grid.” Bitcoin advocates think bitcoin is a good invention for many reasons, one of which is that it makes the power grid more robust. In 2021, Senator Ted Cruz of Texas made the claim that Bitcoin is, and I quote, “a way to strengthen our energy infrastructure.” But is it? How exactly does bitcoin mining...
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Guests: Lee Bratcher (twitter.com/lee_bratcher) Ben Hertz-Shargel (twitter.com/benhertzshargel) Host: Richard Yan (twitter.com/gentso09) Today’s motion is “Bitcoin mining is good for the grid.” Bitcoin advocates think bitcoin is a good invention for many reasons, one of which is that it makes the power grid more robust. In 2021, Senator Ted Cruz of Texas made the claim that Bitcoin is, and I quote, “a way to strengthen our energy infrastructure.” But is it? How exactly does bitcoin mining...
Motion: Algo and fractional stablecoins are flawed (Bennett Tomlin vs. Sam Kazemian)
The Blockchain Debate Podcast
1 hour 16 minutes
4 years ago
Motion: Algo and fractional stablecoins are flawed (Bennett Tomlin vs. Sam Kazemian)
Guests: Bennett Tomlin (twitter.com/bennetttomlin) Sam Kazemian (twitter.com/samkazemian) Host: Richard Yan (twitter.com/gentso09) Today’s motion is “Algo and fraction stablecoins are flawed.” A good stablecoin can sustainably hold its peg, and recover quickly from a premium or discount. This is a basic requirement for stablecoins. An obvious design is the bank coin model, where coins are backed 1-to-1 by fiat. But this creates a single point of failure and incurs compliance o...
The Blockchain Debate Podcast
Guests: Lee Bratcher (twitter.com/lee_bratcher) Ben Hertz-Shargel (twitter.com/benhertzshargel) Host: Richard Yan (twitter.com/gentso09) Today’s motion is “Bitcoin mining is good for the grid.” Bitcoin advocates think bitcoin is a good invention for many reasons, one of which is that it makes the power grid more robust. In 2021, Senator Ted Cruz of Texas made the claim that Bitcoin is, and I quote, “a way to strengthen our energy infrastructure.” But is it? How exactly does bitcoin mining...
