I have invited Natalie Smolenski to join me in the studio to discuss Bitcoin and mining. We discussed the hostile attitude of policy makers towards Bitcoin, which is making it difficult for Bitcoiners to engage in good faith dialogue.

Natalie suggests that the best way to deal with Bitcoin's enemies is to keep building and create alternatives that make them irrelevant. I agree with her and say that entrepreneurs need to step up and build. We also discuss the overlap between the circles of people who are hostile to cryptocurrencies and those who are hostile to technology in general.

The discussion touches on the singling out of Bitcoin as an undesirable use of computational power, which has raised the question of whether electricity usage itself will be politically restricted in the future.