The world is currently facing an unprecedented energy crisis, one that has compounded severely in the aftermath of the COVID-19 pandemic so much so that countries across the globe — especially across Europe and North America — are witnessing severe shortages and steep spikes in the price of oil, gas and electricity. Rising energy costs could provide additional incentives for miners to move toward the validator ecosystem of Ethereum 2.0 that relies on a far more energy-efficient proof-of-stake (PoS) mechanism. However, is inflation and energy prices just the product of price-gouging corporate profiteers? Recent Q3 earnings bring the extent of corporate greed to the forefront.
~This episode is sponsored by Binance.US~
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#Bitcoin #ethereum #Inflation
~Energy Crisis + Inflation Can Benefit Ethereum? | Crypto vs. Macro Economy~
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20 Comments
I see crypto as just one moment among many, but it's probably the last one in my life. And it's sad that it will probably be consumed by centralization lobbyists. The hope and potential everybody sees, that everybody builds this thing for, will be consumed by the wealthy. There is no amount of resistance or counter lobbying that can prevent this. Just maybe a handful will break in to the top before the top closes access forever. And with blockhain, they can stay elite forever if they want to, shutting down opportunity for decades until people realize what happened.
Another awesome video, thanks
They lost 20Billion in 2020… Dumbass politicians…
Ethereum is now completely captured and under government control.
More than 51% enforced OFAC compliant blocks.
Energy companies lost billions while the government passed constant legislation restricting their ability to produce oil (e.g. Keystone pipeline), and no one cried for these companies. Now that the results of those government decisions are being realized in higher prices, we're supposed to blame energy companies because they are actually making profits? Doesn't sound like much of a capitalistic approach to me.
Lol still shilling apy in this market. Must be the moneyyyy!
always on point and always ethical Paul. ❤️
<i'm glad I got into forex when I did because it’s been a turning point for me financially, been my best decision so far..I thank you alot Ms alexs…..
Ethereum is trash 🗑.
Proof-of-stake = security
Centralize = 40%+ Ethereum POS nodes r controlled by 2 addresses belonging to coinbase an Lido and
Transaction = High gas ⛽️ fee
Moving side ways = flat = we’re at th bottom. Thn we will get a fake down move = a shake out of weak holder then the bull run 🏃♀️
Bill looked nervous when talking about why climate matters for companies in the future. I don't trust any of those WEF people, him included.
Good show and information. I gave you a thumbs down because of the Binance pushing.
They get hacked like every other day. Why would you want to put your good reputation on that crap. Don't just do it for the money. It's your reputation not mine.
Good job
Am continuing to Add to my portfolio. As warren Buffet said "be brave when everyone else is fearful". The stock market ALWAYS recover, so hold for long term and have the stomach for the ride.
I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment.,.
is Paul advocating for a redistribution of wealth? oil companies should make more money when gov won't let them drill for more…
In order to sanction you must control something that others want/need. The US controls energy with the petrodollar.
But no one is talking about China's sanction on the US. The US outsourced its manufacturing to China. conspiracy theory – Zero covid policy isn't what you think it is!!!
My man it is not capitalism. Capitalism does not subsidize and the USA subsidizes the wealthy.
Tesla was/is subsidized. Stop supporting companies that are subsidized
Ugh of course NZ has to be in the top 3 of that housing-risk list we are always trying to be relevant in some way or another hahaha. Crime is rampant here atm businesses are getting wrecked because of constant ram raid burglaries, it's madness. Great show Paul and looking forward to the new live schedule as I am in NZ so I can catch you live in the afternoons 🙂