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822. Energy Crisis + Inflation Can Benefit Ethereum? | Crypto vs. Macro Economy

822. Energy Crisis + Inflation Can Benefit Ethereum? | Crypto vs. Macro Economy
Oct 26, 2022 · 37m 36s

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 —...

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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~
Binance.US ➜ https://binance.pxf.io/pbn
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Author Rever Networks
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