Oddbean new post about | logout
 Listened to this one twice.

I love the savings, commerce, freedom, power framing.  The tea and cocoa drying reminds me of what @npub1f5pre6wl6ad87vr4hr5wppqq30sh58m4p33mthnjreh03qadcajs7gwt3z  is doing on a larger scale. 
 This is true, any process that could use Bitcoin mining and doesn't is wasting energy. 
nostr:nevent1qqswfflt0tl2tz4nac2ul5xk0g0dfdm8rpxw3zswhfuvtf8mhgwedaspzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtczyp6m7g6nrt5lnrrzn9d6quv3ujyw44r4jafhr43a0h75d00ph75f2qcyqqqqqqg9smu4q 
 Every capital allocation which is not keeping up with Bitcoin is wasting energy. We still have sooo much more waste to go around. 

People don't see it, but all of it means capital misalocation, and somewhere down the line, someone has to work twice as hard for the same profit.

Imagine what moral it creates in a single team if you know someone is getting paid 50% for their efforts vs someone else. Then translate it to the macro level... No surprise everyone is so disillusioned and nihilistic all the time.