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This is episode 199 of You, Me, and BTC – your liberty and Bitcoin podcast.
The Bitcoin price is filthy high these days. And sure, we want to celebrate that. But some people recently pointed out another record Bitcoin high that’s way less exciting. According to some, this stat indicates that crypto is in deep doo-doo.
The number is related to Bitcoin transaction fees, but it’s a little different. (Although transaction fees are also rising and worth talking about tonight.) Rather, this stat is the actual energy cost to mine Bitcoin transactions. According to Motherboard, “itcoin miners worldwide could be using enough electricity to at any given time to power about 2.26 million American homes.”
In other words, it costs a buttload of dough to mine Bitcoin transactions. What does that mean for Bitcoin and crypto in general? Will we all come to our senses one day and realize that mining isn’t really good for the universe? Tune in tonight for our thoughts.
Also in this week’s show, we’ll share even more Amazon news. The web giant recently bought some crypto domain names and of course, the internet has theories about why.
Catch our livestream tonight at 9PM Eastern and check the list below for some of the specific stories we’ll cover!

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  • This is the one I use http://preev.com just because t is simple and tells you what you need to know

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  • This company is basically a full reserved bank that would be fully approved by Murray Rothbard himself. Their metals broker-dealer business is their cash cow today but they are creating a payment network that disintermediates banks and saves their customers money. They have a crypto broker-dealer and storage business as well but as prudent financial advisors the company’s management tries to educate the public about the virtues of gold ownership. The company acts like a fiduciary and seems much more trustworthy than market leaders like coinbase. Expanding into China with a customary 50/50 JV with a local company. Tough to predict the companies FCF going forward but it trades under 2x book value. Let me know what you guys think.

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  • Australian Beach Town, Agnes Water to Become Nation’s First Digital Currency Town Agnes Water, Australian Beach town is a reckoning as the nation’s first digital currency town. The Beach town is initiating its step towards enhancing digital currencies. This was first started after real estate agent Gordon Christian began accepting payments in cryptocurrencies. Read news here: https://coinpedia.org/news/agnes-water-become-nations-first-digital-currency-town/ SBI Japanese Financial Exchange to Launch New Virtual Currency Services On Monday, SBI Japanese financial exchange’s CEO Yoshitaka Kita disclosed that it is coming up with new virtual currency services. Basically, this feature came live after it got delayed for certain security concerns. Bestowing to the Business Insider Japan, the firm is offering Blockchain stage for exchanging symbolic digital forms of currency such as Bitcoin, Ethereum, Bitcoin Cash, and Ripple. Read Detail info here: https://coinpedia.org/news/sbi-launch-new-virtual-currency-services/ Eat BCH on Mission to Feed Humanitarian in South Sudan The application of cryptocurrency or blockchain technology will be enormous if used for the social cause. There is one such charity firm, Eat BCH which aims to feed humanitarian in Venezuela by purchasing food with BCH donations. Read Detail info here: https://coinpedia.org/news/eat-bch-mission-feed-people/ Indonesia’s Regulator Sets Green Signal for Crypto Futures Trading The Trade Ministry’s Futures Exchanges Supervisory Board (Bappebti) of Indonesia has given a green signal for crypto futures trading. But, it is surprised to see that the Bank of Indonesia still doesn’t recognize cryptocurrencies as a mode of payment. Read news here: https://coinpedia.org/news/indonesias-regulator-sets-crypto-futures-trading/

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  • The founder of Pantera Capital Management, Dan Morehead suggests to buy bitcoin while it is cheap now. According to Coinmarketcap Bitcoin was trading at $7,508.60 USD. One of most popular cryptocurrency, Bitcoin had reached the heights of $20000 in last year. Due to volatile nature of cryptocurrency, this year in month of February, it has dropped below $6000. According to Dan Morehead, crypto investors told CNBC that, “All cryptocurrencies are very cheap right now. So now is a good time to buy now and participate in the rally as it goes”. Although there is a hype in cryptocurrencies are still unregulated industry. Due to its price fluctuations and unstable characters, market keepers are still into consideration crypto regulations. Dan Morehead’s suggestion to investor concern ‘once a currency break its 230-day moving average, make a purchase and wait for a year and sell’. Watch here what Dan Morehead Says: https://coinpedia.org/news/dan-morehead-good-time-buy-bitcoin/

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  •   Weixing Chen and Yang Jun, the two Chinese entrepreneurs are pairing up to launch a blockchain based ride hailing app. However, the plan is to offer different life-style services that include ride hailing and deliveries. Read news here: Blockchain Based Ride Hailing App

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