The BEST Bitcoin Exchange Rate! #energy #btc #education #indicator #trading
Video Transcript
energy is subservient to bitcoin why
well Bitcoin is fixed in Supply but that
doesn’t stop the amount of hash rate AKA
The amount of energy in the system
chasing those finite amount of units
this goes to a bit of an extreme level
you could harness the energy of an
entire sun to power the Bitcoin Network
and it still would reference all of that
energy in 21 million units why is this
important well let me show you even more
Bitcoin has a dollar based pricing
mechanism but it also has an energy
based pricing mechanism I call it
Bitcoin per kilowatt hour or saxs per
kilowatt since the dawn of bitcoin’s
Inception it’s gone parabolic in price
and the only other thing that has gone
parabolic in reference to bitcoin is its
production cost the production cost of
bitcoin will go up infinitely which
means its purchasing power goes up
infinitely that’s