Episode 23: Interview with @dazbea1 (of www.lookingglasseducation.com) on his bitcoin journey, becoming a bitcoin educator, bitcoin mining at home, speed reading, and mind mapping. episode artwork

EPISODE · Jun 12, 2022 · 1H 51M

Episode 23: Interview with @dazbea1 (of www.lookingglasseducation.com) on his bitcoin journey, becoming a bitcoin educator, bitcoin mining at home, speed reading, and mind mapping.

from Australian Bitcoin Podcast · host HardBlock

Thanks to our guest: https://twitter.com/dazbea1 (of https://lookingglasseducation.com) Host: https://twitter.com/mission_bitcoin Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au Notes - Recent World Economic Forum propaganda video with renewed energy FUD regarding bitcoin mining - Society's gradual erosion of trust towards authorities and media institutions - DazBea's bitcoin journey - transitioning from wage slavery to self-employment to investing in the future - Understanding "fair value" of businesses before investing (and realising that almost everything on the stock exchange is overvalued) - We're all incentivised to improve and benefit ourselves, which is often incongruous with being a wage slave - People are forced to move far out on the risk curve just to protect their wealth (and bitcoin fixes this) - Inflation is destroying savings (whether it meets the 'hyperinflation' criteria or not) - Everyone's "basket of goods" in regards to inflation is different - There are incentives to keep the CPI number down through manipulation of the basket of goods (including hedonic adjustments) - Broken incentives in various industries and academia (e.g., agriculture, nutrition, health) - How to lie with statistics - Starting and working on www.lookingglasseducation.com - Preparing a 3-hour course focused on answering the question "what is money?" for no-coiners and wage-earners without focusing too much on bitcoin - Future courses and plans for Looking Glass Education - Financial education at a young age disrupts the cycle of poverty - Bitcoin mining at home (eg, with an S9) - Is it still profitable? How much energy is used for what hash rate output? How much do they cost to buy? - Bitcoin mining at home is more viable with solar source of energy to offset grid energy costs - Running miners non-stop or turning them on/off intermittently - pros and cons? - How loud and hot do they get? - Running standard versus customised firmware (e.g., BraiinsOS) - What maintenance do they need? - Can you run miners on the same circuit, or is it best to separate them? - Ethernet vs WiFi connection? - How to reduce the noise (e.g., building a sound-proofed 'black box')? - Immersion cooling systems - pros and cons? - Heating water or your house with the heat from a bitcoin miner - Speed reading and mind mapping - useful tips and tools (e.g., Voice Dream and Obsidian) to consider References / Resources - DazBea's Energy and Electricity for Plebs (for Home Mining) https://dazbe4.medium.com/energy-and-electricity-for-plebs-plebucation-for-bitcoiners-1-basics-and-mining-f653c2cc9b65 https://dazbe4.medium.com/energy-and-electricity-for-plebs-plebucation-for-bitcoiners-2-energy-demand-pricing-and-e0bb2b137691 - Econoalchemist's DIY UpstreamData BlackBox Guide https://econoalchemist.github.io/UpstreamData-DIY-BlackBox/ - Obsidian Mind-mapping Tutorial for Beginners https://youtu.be/QgbLb6QCK88

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Episode 23: Interview with @dazbea1 (of www.lookingglasseducation.com) on his bitcoin journey, becoming a bitcoin educator, bitcoin mining at home, speed reading, and mind mapping.

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