%------------------------------------------------ \begin{frame}{Key Questions} \textbf{What are the long term regional welfare changes that can be expected as Bitcoin mining becomes a coproduct of oil?} \begin{enumerate} \item{How much will the price oil decline? (Consumer welfare)} \item{How much extra revenue will oil producers receive? (Producer welfare)} \item{How will the location of of drilling change? (Regional heterogeneous effects)} \item{Are bitcoin miners sensitive to bitcoin price when paying for gas? (Robustness)} \end{enumerate} \end{frame}