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Hello everyone! Coin Logic TV is back in action! Today we are sitting down with @taskmaster4450 to chat about some serious issues that not only the crypto industry, but most of the economy on a global scale is going to need to pay close attention to! Today the UK parliment spoke about concerns about data centers and being able to keep them powered during periods of rolling blackouts. They were not speaking in terms of 'if' but more like 'when' it happens.
This could cause a major blow to our entire industry if not addressed, because let's face it, all of the blockchains depend on data centers to survive in on form or another, yes, even mining facilities are going to see these issues, so not even Bitcoin is immune from power issues, although it has a much better chance at survival than most of the PoS chains.
Not to mention all of the other issues that power outages would address. We get into all of it!
We are hoping to make this a weekly conversation covering more macro topics, so I hope you enjoy!
Nothing said is financial advice.
This is for educational and recreational purposes only!
Stay safe in these volatile markets and don’t get rekt!
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