The hero of the bitcoin crowd
Absolute delusion… the people that want to take control of their own money, can’t even see how they become the most useful idiots the world has ever seen
You will find out
no energy, no maoam
2025 - Plummeting EROI of Oil Liquids
The global energy landscape is facing a crucial turning point. Various studies show that oil liquid production is expected to peak in 2035 at a magnitude of 500 petajoule per day (PJ/d), but when the energy required for the extraction and production of these liquids is taken into account, the net-energy peak is expected to occur in 2025 at a level of 400 PJ/d (Delannoy et al. 2021). For context, the US consumed 100,000 petajoules of energy in 2021.