SPPI-TV Top Issues

SPPI-TV Ep. 12: Bitcoin and Decentralized Finance

Join us for the next episode of SPPI-TV titled "Bitcoin Mining and Decentralized Finance" as we explore the fascinating world of cryptocurrency and its impact on the economy, energy grid, and the environment. Our guest speakers for this episode are Eric Peterson, the Policy Director with Satoshi Action Fund, and John Berlau, senior fellow and Director of Finance Policy at the Competitive Enterprise Institute. Our host is Patrick Brenner, the President of the Southwest Public Policy Institute (SPPI).

John's work focuses on how public policy affects access to capital, entrepreneurship, and investments made by the public and business community alike. In recent years, he has studied the consequences of financial reform efforts passed by Congress like the Sarbanes-Oxley Act, the government’s response to the 2008 financial crisis including the Dodd-Frank Act, the placement of Fannie Mae and Freddie Mac into conservatorship, and the rise of cryptocurrency.

Satoshi Action Fund is a nonpartisan, non-profit organization dedicated to informing policymakers and regulators about the benefits of Bitcoin mining and its potential as a tool for stabilizing the grid, promoting economic growth, and fostering environmental sustainability. They actively engage in political campaigns and grassroots efforts to shape public policy and create a favorable landscape for Bitcoin mining.

During this episode, we will delve into the concept of Proof-of-Work, the consensus mechanism behind the Bitcoin protocol, which Satoshi Action Fund is committed to protecting. We will discuss how this innovation can have a positive impact on various aspects of our society, including the economy, energy grid stability, and environmental conservation.

Eric Peterson, as the Policy Director of Satoshi Action Fund, will share insights on their model policy, designed to help states attract more Bitcoin mining activities in a sustainable and effective manner. They advocate for policy actions that unlock energy assets, protect the industry from discrimination, and promote research and understanding of this innovative technology through the establishment of commissions or councils.

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