This is episode 264 of You, Me, and BTC – your liberty and Bitcoin podcast.
Bitcoin miners with better technology make more money. That's an incredibly simple concept, but it also has wildly profound implications for humanity. Bitcoin created an unprecedented direct link between efficient computer chips and profit, thus incentivizing drastic innovation.
Today, Samsung announced a new production process for obscenely small and efficient semiconductors. The tech giant didn't explicitly say anything about Bitcoin mining, but it's very likely that these chips will get used in the cryptocurrency industry.
On today's stream, this headline will take our discussion to a surprisingly hot tech topic that we've neglected so far on YMB: artificial intelligence. Some people genuinely fear powerful technology. They think we might create machines that will wipe out humanity as we know it.
We've never covered this idea on the air before, but we need to. Are we afraid that Bitcoin greed will lead to the creation of wickedly powerful computers? And will man's hunger for power cause his own elimination? Let's talk it all out tonight.
And on a somewhat related note, Elon Musk started accepting cryptocurrency. Huh...
Tune in for all the fun tonight at 9PM Eastern and check the list below for some of the specific stuff we'll cover!
- New Energy Efficient Samsung Chips Could Benefit Crypto Miners
- Samsung Electronics Starts Production of EUV-based 7nm LPP Process
- Elon Musk Backed Boring Flamethrower Now Accepting Bitcoin
Your hosts this week are Daniel Brown, Tim Baker, and Zack Voell. Don't forget to scroll down so you can share your thoughts in the comments!
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— You, Me, and BTC (@YouMeAndBTC) October 19, 2018