Part 6/14:
Bitcoin mining, which inherently requires substantial energy, was discussed as both a consequence and a potential solution. Miners are incentivized to seek cheap, abundant, and often wasted energy sources—such as natural gas flare-offs or excess hydroelectric capacity—highlighting Bitcoin's unique role in making energy assets more valuable and efficient.
The ESG (Environmental, Social, and Governance) movement was criticized for promoting energy sources that are less dense and more expensive, ultimately driving prices upward and slowing economic progress. The experts argued that nuclear power remains the cleanest, most reliable energy source, and that counteracting energy shortages with smarter policies could curb inflation.