This Oil Barron Mines Bitcoin And Gets People Out Of Jail | Gideon Powell
5 months ago
Gideon Powell is the CEO & Chairman of Cholla Petroleum. In this conversation, we discuss oil & gas field workers, his family’s story, the rise of Bitcoin mining in West Texas, why Texas will dominate the future, his work in criminal justice reform, the books he reads and why, and a deep dive into the famous builders and thinkers in history.
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0:00 - Intro
1:00 - Importance of Oil & Gas Field Workers
4:45 - Day-To-Day Life Of Field Workers
6:30 - What Does A Roughneck Do?
8:15 - Drilling 2 Miles Down?! Do You Miss?
11:00 - Bitcoin Mining
13:15 - Who The Hell Is Julian Simon?
16:00 - Charles Koch & Philanthropy
18:15 - Backing Solo Entrepreneurs
20:15 - Arrested In College
21:45 - Criminal Justice System Is Screwed Up
31:00 - Top Down Solutions Vs Bottom Up Solutions
35:00 - Minimum Wage
37:00 - Inflation Is Evil
38:00 - Is More Private Companies An Answer?
40:00 - How Did Choa Start? Relationship With Dad
48:30 - Stepping Into Fathers Role/Running The Business
52:30 - Relationship With Family
56:30 - Culture of Company
1:01:00 - Bitcoin Mining Is Disruptive For Oil & Gas Industry
1:03:00 - Bitcoin Is A Venture Capital Fund
1:05:00 - Bitcoin Impact On Civilization
1:08:00 - What Does A Bitcoin Future Look Like?
1:12:40 - West Texas Will Dominate The Future
1:17:30 - How To Decide What Books To Read
1:20:30 - Bottom Up Solutions for Entrepreneurs
1:24:00 - Prison Solutions (Social Profit Corrections)
1:31:00 - Where To Follow Along
1:32:00 - Memes Are The Message
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