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Old Man Yells!
OLD MAN YELLS!
19 episodes
1 week ago
Old Man Yells! features Bob Burnett, the CEO of Barefoot Mining CEO and the former Chief Technical Officer at Gateway. Bob is an old man with 40 years of experience in technology business. On this channel he offers his perspective on Bitcoin, technology, business and the economy.
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Old Man Yells! features Bob Burnett, the CEO of Barefoot Mining CEO and the former Chief Technical Officer at Gateway. Bob is an old man with 40 years of experience in technology business. On this channel he offers his perspective on Bitcoin, technology, business and the economy.
Show more...
Business News
News
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Old Man Yells! Episode 3 - Fee and Transaction Explosion
Old Man Yells!
23 minutes 35 seconds
2 years ago
Old Man Yells! Episode 3 - Fee and Transaction Explosion

In this episode Bob explores the recent explosion in Bitcoin fees. This includes a discussion of what these means for Bitcoin Mining revenue and the lessons that we can learn. Especially important are that it could shift a change in hosting space availability and mining server prices, that it gives us a great lesson in the power of scarcity, and that it busts the FUD surrounding the long term security of the network as the Bitcoin subsidy declines.

Old Man Yells!
Old Man Yells! features Bob Burnett, the CEO of Barefoot Mining CEO and the former Chief Technical Officer at Gateway. Bob is an old man with 40 years of experience in technology business. On this channel he offers his perspective on Bitcoin, technology, business and the economy.