Imagine There Are Only $21 Million In the Entire World (a thread) by Terence Michael
TL;DR: It can be instructive and illustrative to imagine what dollars would be worth if there were only as many of them as there ever will be of Bitcoin.
Hey Bitcoiners,
Terence Michael’s clever thread here asks readers to consider what it would be like if only 21 million dollars ever existed, and no more could be printed. It’s a good thought experiment that can be helpful for anyone, but especially so for people who can’t imagine anything other than the dollar being money. How much do you think a dollar would be worth if there were only 21 million of them?
Enjoy!
Tick tock next block,
Cory Klippsten
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Quote of the Day
Bitcoin is not a luxury of rich countries. Bitcoin is a need of poor countries.
Florencia Ravenna
Job of the Day
Director of Development — Satoshi Energy
The Company & Role
The mission at Satoshi Energy is to enable every electric power company to utilize bitcoin in order to accelerate progress toward a world with decentralized sound money and abundant sustainable energy. The company was founded in 2018 on two premises: 1) energy companies will leverage bitcoin mining to support investment in low cost sustainable energy, and 2) energy companies operating in 24/7 power markets will benefit from 24/7 real time financial settlement. Today, we are a market leader connecting nearly 2 gigawatts of renewable energy assets with bitcoin mining data centers under novel contract structures while building a suite of tools to enable energy companies to transact in bitcoin. In the future, we envision every kilowatt-hour streamed to an energy consumer will be settled instantaneously with a payment streamed to the energy producer.
As Director of Development, you will join a small, focused team of bitcoiners, engineers, finance experts, and energy experts and lead our development projects from inception to operation including managing stakeholder deliverables, managing project consultants and contractors, managing project budgets, managing project schedules, working with permitting agencies, negotiating with land owners, work with utilities and ISOs, and more. As we grow, you will be instrumental in helping to build the team, drive the company strategy, and build a more sustainable future.
Primary Responsibilities
Lead the development team in execution of data center projects located in the footprint of utility-scale renewable energy projects
Build and maintain a pipeline of projects to support annual sales goals
Develop roadmap and execute on expansion to new power markets outside of ERCOT (e.g. SPP, MISO, foreign markets, etc.)
Establish and maintain relationships with core development partners (utilities, IPPs, legal, etc.)
Guide development strategy and processes (MW targets, ISOs, location, interconnection strategy, and partner network)
Set annual goals, priorities and budgets for internal project development teams and personnel
Requirements
7+ years of experience developing utility scale renewable energy projects or energy storage projects
Demonstrated knowledge of utility scale renewable energy project and/or energy storage project value propositions, design, and engineering
Demonstrated knowledge of power contracts, including PPA structures and retail agreements, energy and capacity markets, and ancillary services markets
Demonstrated experience with land lease contracts, general permitting, interconnection, and other issues required for a renewable energy or energy storage project
Strong organizational skills and attention to detail
Demonstrated experience with project management tools
Self motivated with the flexibility and willingness to work on various initiatives simultaneously and prioritize effectively
Pushes the boundaries of what is possible (first principles thinker) and takes initiative on new tasks.
A winning mindset where you show up to work focused and prepared.
Desired Skills and Experience
Obsession with bitcoin, the bitcoin mining industry, and energy markets.
Demonstrated success developing utility scale projects in multiple markets
Company Culture
We are free thinkers, we believe in meritocracy, we challenge assumptions meticulously, and we don’t get overly emotional if we’re wrong
We believe in providing freedom and responsibility to foster a growth culture based on trust, transparency, and teamwork
We encourage each other to seek discipline, balance, and fun in all parts of life, so that we can always perform at our best on the job
We are a distributed team on a mission to build decentralized global power markets. You are welcome to work remote or join the core team in Austin or Houston, TX
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
Pacific Bitcoin 2023
October 5 @ 9:00 am - October 6 @ 11:30 pm
A TWO-DAY EXPERIENCE LEADING THE WAY TO A BRIGHT, ORANGE FUTURE
Pacific Bitcoin is more than a conference. It’s a festival celebrating Bitcoin, the lifestyle, & the community that is working to build a bright, orange future together.
Join us and learn new ways to grow your stack, protect your wealth, & have a rip-roaring good time with parties, sports, music, laughs, networking, and community.
Not going to be in town? Check out all the events and locations at bitcoinerevents.com.
Meme of the Day
