The “Energy Hypothesis” of bitcoin, he thinks that bitcoin will allow society to capture excess energy generation and make it profitable through mining bitcoin
That’s… Not really what’s happening. At all. Bitcoin mining isn’t using excess energy, it’s forcing energy producers to generate more energy, and forcing rates higher. If everyone was using solar or wind generation, and there was truly excess power being generated that had no additional costs associated with it–because it was a cloudless day with stiff breezes–then sure; the excess power couldn’t be stored past a certain point, so the solar cells and turbines would just be taken off line. But that’s not the way most generation works; when there’s low demand, power plants burn less coal/natural gas/oil to turn the generator turbines, and they ramp that up when there’s high demand.
I can see why that would be confusing to someone, esp. if they didn’t know that 100 was an average IQ. Being in the 96th percentile would be great, being in the top 96% not so much.