The Unbeatable Mind Podcast With Mark Divine

Perianne Boring: Busting the Biggest Bitcoin Myths

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Sinopse

Today, Commander Divine speaks with Perianne Boring, founder and president of the Chamber of Digital Commerce, the world's largest trade association representing the blockchain industry. Perianne’s mission is to advocate and educate the public and lawmakers about the future of blockchain. In this episode, Perianne busts some of the biggest myths about the cryptocurrency space, including Russian sanctions, environmental impact, and more.  Key Takeaways: Myth #1: Bitcoin is bad for the environment. It currently takes 189 terawatts to mine Bitcoin.This is about .1% of the world's energy production. And, over 60% of the energy going to mine Bitcoin is coming from sustainable sources. (We’re also starting to see use cases where crypto mining can actually help stabilize the energy grid.) The energy used to mine Bitcoin is a small fraction of the emissions that are created to mine gold, power our financial sector and support our military sector. Myth #2: Russia is using crypto to evade sanctions. There's a current n