๐ We have seen how a currency must fulfill 3 basic functions to be considered such, and how Bitcoin may be the only cryptoasset that fulfills these premises.
๐ Store of value.
Bitcoin is designed to store value in the digital space, with a limited supply of 21 million units, making it less inflationary than gold (stock to flow) and often referred to as "digital gold".
๐ค๐ป Medium of exchange.
Bitcoin is accepted as payment in a growing number of establishments and platforms, enabling peer-to-peer transactions without centralized intermediaries.
๐งพ Unit of account.
Currently, not all prices of goods and services in the world are expressed in BTC: price fluctuations prevent "stable" bitcoin listings. According to The Economist, Bitcoin "works best as a medium of exchange" and has not (yet) established itself as a standard unit of account.
๐ It must also meet operational requirements such as: durability, portability, divisibility, uniformity, fungibility, recognizability, controlled supply (scarcity). We will analyze these shortly.
๐ถ Stay tuned.
#bitcoin #btc #value #store #scarcity #peertopeer #stocktoflow

๐ฅ Bitcoin, the world's leading cryptoasset, has attracted considerable interest both for its economic and financial implications and for its environmental impact.
๐ The exponential increase in the market value of bitcoin has stimulated the expansion of mining activities, leading to a significant increase in energy consumption and associated COโ emissions.
โป๏ธ However, recent studies (analyzed below) suggest that the environmental impact of bitcoin may be less than previously thought, and that the asset may have relevant and resilient social benefits.
๐ Furthermore, it should be noted that the ECB proposed in 2019 to change the name of this type of technology from "cryptocurrencies" to "cryptoassets", which is preferred for various reasons.
๐ The main reason lies in the fact that of the 'currencies', the technologies mentioned do not have the fundamentals, except for bitcoin, which are:
1. Store of value
2. Medium of exchange
3. Unit of account (not completely, but definitely in the future)
โ๏ธ If you are interested in learning more or have questions, leave a comment.
๐ถ Stay tuned.
#bitcoin #value #crypto #asset #finance #economy #ecb #exchange

๐ The first chapter of my thesis is divided into 4 sections:
๐ฅ โฟitcoin: a section devoted to an analysis of studies on the pollution and energy consumption of โฟitcoin mining and what it entails.
๐ก Nuclear energy: section dedicated to a study of the literature on nuclear energy as the cleanest, cheapest and safest energy source in existence, capable of initiating the much-discussed process of decarbonization.
๐ Bitcoin and nuclear energy: third part dedicated to the integration of the two main themes of the study: nuclear energy used as a power source for โฟitcoin mining to obtain value (digital scarcity) and energy with a very low environmental impact, sustainable, efficient and resilient.
๐ Case studies around the world: practical section in which practical case studies inherent to concrete projects are analyzed to support the theses presented in the following paper, understanding through real examples from around the world the benefits brought by โฟitcoin and nuclear energy.
๐ All data analyzed in this chapter are taken from certified scientific sources.
We will start the first part tomorrow.
๐ถ Stay tuned.
#bitcoin #energy #nuclear #start #study #scientific #world

๐ Chapter 2
๐ After illustrating and motivating the selected variables that will accompany the reader to the final steps of the thesis, the first analyses and conclusions of the case are made, highlighting some problems encountered along the way, which were then resolved thanks to the analysis carried out in the following chapter.
๐ Chapter 3
๐ In this chapter, we proceed with the econometric analysis itself, using different models to identify the causes of the emission of polluting gases and to outline possible solutions to counteract or at least mitigate the rampant pollution.
โ๏ธ The latter is responsible for numerous negative effects, the most important of which is climate change: if not adequately contained, it risks having catastrophic and incalculable consequences for the entire global ecosystem.
๐ถ Stay tuned.
#thesis #analysis #study #pollution #consum #econometric

๐ Chapter 1
๐ An analysis of the existing literature on the subject of Bitcoin and nuclear energy is proposed, enriched with data from scientific papers, graphs and tables, the results of which are commented.
๐ This introductory chapter aims to shed light on the subject, highlighting its risks and benefits, advantages and disadvantages, and laying the foundation for the analysis conducted in the following two chapters.
๐ผ It also provides methodological support for the choice of variables to be used in the subsequent analysis, a cultural background that will accompany the reader throughout the paper.
๐ถ Stay tuned.
#bitcoin #bibliography #literature #paper #scientific #nuclear #energy #data
โก๏ธ The central hypothesis of my thesis is that Bitcoin and nuclear energy can not only coexist, but also mutually reinforce each other in terms of environmental sustainability and energy efficiency.
๐งฉ The rationale behind this synergy is simple but powerful: Bitcoin mining can be used to optimize the use of energy resources, to exploit otherwise unused energy surpluses, or to help stabilize power grids in areas with intermittent production.
๐ Through an objective analysis, this paper will attempt to show how these two seemingly disparate technologies can work together to build a more equitable and sustainable energy future.
๐ The thesis is structured in 3 chapters full of analyzed and commented data, validated by solid and authoritative sources.
๐ถ Stay tuned.
#bitcoin #nuclear #energy #sinergy #thesis #analysis
๐ Growing awareness of climate change has prompted governments, businesses and citizens to rethink the way we produce and consume energy.
โป๏ธ In this scenario, concepts such as energy efficiency and environmental sustainability are no longer options, but imperative necessities.
๐ฅ Bitcoin is often criticized for its high energy consumption. However, mining is beginning to demonstrate its potential to evolve towards more sustainable models, thanks to the adoption of renewable energy and the use of untapped energy resources.
๐ก On the other hand, nuclear energy, traditionally associated with images of risk and complexity, is now being presented as one of the most effective and safe solutions to decarbonize the energy sector, perfectly integrated with renewables to ensure a sustainable transition.
๐ถ Stay tuned.
#bitcoin #energy #nuclear #sustainability #enviroinmental #renewables #efficiency #mining
๐ก Despite the continuing challenges nuclear energy faces, it is recognized by many institutions, including the Intergovernmental Panel on Climate Change (IPCC), as an essential component of the future energy mix.
โ๏ธ Unlike renewable energy sources such as wind and solar, whose production depends on atmospheric factors, nuclear energy offers a constant and predictable capacity with almost zero COโ emissions during operation.
โ๏ธ In this context, new technologies represent a promising evolution, offering greater flexibility, safety, and economic and environmental sustainability than conventional reactors.
๐ถ Stay tuned.
#technology #energy #nuclear #ipcc #renewables #co2 #emissions
๐ชช Satoshi Nakamoto gives his date of birth as April 5, 1975. April 5th we understood why, but 1975?
๐บ๐ธ United States 1933, Executive Order 6102 prohibits citizens from owning gold. United States 1975, end of the ban on gold ownership.
๐ World 2008, Satoshi publishes the Bitcoin whitepaper and chooses its birth date not at random, but to spread a precise message: Bitcoin is the new gold, absolute digital scarcity.
โ๏ธWhy gold? What is the Gold Standard? Why and when was it created? How does Bitcoin fit in?
๐ถ Stay tuned.
#bitcoin #whitepaper #satoshi #nakamoto #usa #america #gold #world
๐ I take part of the title of my thesis: Bitcoin and energy... but which energy?
๐ฅ The energy most often referred to is nuclear energy, which has been the subject of heated debate and controversy for decades, but its role in the global energy transition is now more relevant than ever.
๐ With the ratification of the Paris Agreement and the goals of the European Green Deal, nuclear power is recognized as one of the key energy sources for reducing greenhouse gas emissions and ensuring a stable and reliable electricity system.
โข๏ธ However, issues related to safety, plant construction costs and waste management continue to raise questions about its true sustainability.
โ๏ธBut, is it really?
๐ถ Stay tuned.
#bitcoin #energy #nuclear #thesis #green #europe #paris #accord #deal #agreement
๐ Since the Genesis Block, Bitcoin has taken a central position in the debate on innovation, decentralization and financial freedom, challenging traditional monetary systems and becoming not only an economic tool, but also a cultural and technological phenomenon, introducing a new model for the use of computational resources: mining.
โป๏ธ My studies are not limited to analyzing its economic-financial impact, but we will focus on two often neglected dimensions: environmental sustainability and its social potential.
๐ถ Stay tuned.
#bitcoin #thesis #mining #global #enviroinmental #sustainability #freedom #decentralization
๐ Bitcoin: 2008 Whitepaper and 2009 Genesis Block. Why?
๐ Bitcoin was born at a time of profound global crisis: in 2008, the collapse of financial markets and banking institutions revealed the fragility of a system centered on monetary and financial authorities and triggered a widespread distrust of traditional economic policies.
๐ป Bitcoin fits into this context of economic and social instability as an innovative response: an open-source computer protocol, based on cryptography and distributed consensus, that eliminates the need for intermediaries and offers an autonomous alternative to the centralized control of monetary resources.
๐ Bitcoin was born with the intention of creating a secure, transparent and independent medium of exchange capable of overcoming the limitations and risks highlighted by the global financial crisis.
๐ถ Stay tuned.
#bitcoin #financialcrisis #2008 #2009 #whitepaper #genesisblock #opensource #no #intermediaries
๐ Bitcoin: the concept of this revolutionary social good was born on October 31, 2008, when Satoshi Nakamoto published the Bitcoin whitepaper via a mailing list entitled: "Bitcoin: A Peer-to-Peer Electronic Cash System".
๐ฐ The official launch of Bitcoin took place on January 3, 2009, with the creation of the first timechain block, the Genesis block, containing the first 50 BTC and a message destined to go down in history: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks".
๐ This message is not only proof of the block's creation date, but also an implicit comment on the instability of the traditional fractional reserve banking system.
โ๏ธWhy? In which period was Bitcoin born? What was the economic and social situation in the world?
๐ถ Stay tuned.
#bitcoin #whitepaper #satoshi #nakamoto #start #study #thesis #times #banks #cash #system #electronic #peertopeer #genesis #block

Fix the money
Fix the world
๐ On this day, 92 years ago: Executive Order 6102, USA, April 5, 1933.
๐ฎ๐ปโโ๏ธ The Executive Order signed by President Franklin D. Roosevelt on April 5, 1933, required citizens to turn over all their gold (coins, bars, and certificates) to the government by May 1 of that year.
๐ This measure was enacted in the context of the Great Depression, which began in 1929, with the goal of stabilizing the financial system and increasing federal currency reserves.
โ๏ธ The law prohibited the private possession of gold beyond a small amount allowed for personal or collector use, and provided for stiff penalties or even imprisonment for violators. In some cases, the government resorted to using the army to continue the process of confiscating gold from its citizens.
๐ This date was chosen by Satoshi Nakamoto as a reminder that governments always have a way of controlling everything and everyone, without privacy and problems, mind us.
๐ Bitcoin fixes this!
#studybitcoin #executive #order #america #1933 #april #gold #satoshi #nakamoto #6102

๐ Today is Satoshi Nakamoto's birthday and he turns 50 years old! ๐ฅณ
๐ชช According to Satoshi's profile information registered with the P2P Foundation, the date listed as his birth would be April 5, 1975.
๐ค Obviously, Satoshi's identity remains unknown to this day, but the date is no coincidence.
๐ฐ According to some studies, the date of April 5 would date back to the same day, but 1933, when Executive Order 6102 was issued in America by then President Franklin D. Roosevelt.
โ๏ธWhat is Executive Order 6102 and why did Satoshi choose this date as his birthday?
๐ถ Stay tuned.
We are all Satoshi Nakamoto
#bitcoin #satoshi #nakamoto #6102 #executive #order #america #birthday #1975 #1933 #weareallsatoshi

โ๏ธDid you know that "Bitcoin" refers to the entire ecosystem (computer protocol, open-source software, etc.), while "bitcoin" refers to the virtual currencies (21 million at most, with which you interact in the Timechain) and whose label is "BTC"?
๐ This difference is substantial when talking about Bitcoin, it serves to shed light on the thin line between the social good we are going to talk about and virtual currencies that (unfortunately) also lead to financial speculation by many.
๐ Throughout my studies, I have only talked about Bitcoin, with a capital B, the social good that is revolutionizing the world.
๐ถ Stay tuned.
#bitcoin #chage #world #finance #timechain #opensource #protocol #revolution
๐ In recent years, the world has witnessed a growing focus on environmental sustainability and energy efficiency, issues that have become central to political, economic and social agendas worldwide.
โ๏ธ In this context, two seemingly distant technologies, Bitcoin and nuclear energy, are emerging as protagonists of a potential paradigm shift. What better way to understand the central theme of my study than to begin with an analysis of the title of my thesis:
"Bitcoin and Energy: Towards Efficiency and Environmental Sustainability."
๐ถ Stay tuned.
#bitcoin #energy #nuclear #sustainability #efficiency #enviroinmental #economics #social #politics #world #thesis #study
๐ฌ Today I want to share a thought with you.
๐ I've always been a hodler, but lately I've been experimenting with various Bitcoin features, including on-chain payments and lighting networks.
โก๏ธ Every time I use LN, I get scared: it's super fast and very low fees.
โ ๏ธ Because yes, there are network fees, mind you, but let's understand them: how much are they really?
๐ฑ To understand Bitcoin's LN fees, we need to talk about the fiat system for a moment: the smallest fiat transaction can be one cent (euro, dollar or whatever).
๐ LN fees are in the order of thousandths of a fiat, which means that to spend one cent in fees on the Bitcoin network you have to do 2 or 3 transactions that are secure and instantaneous, not like the fiat system. Crazy! ๐คฏ
๐ Bitcoin fixes this!
#bitcoin #fast #lighting #network #fee #fiat #dollar #fix
๐ My thesis continues with two more quotes, this time about nuclear energy:
1. "The problem today is not nuclear energy, but the heart of man." Albert Einstein;
2. "A nuclear power plant is infinitely safer than eating, since 300 people a year are choked to death by food." Dixy Lee Ray.
๐ฅ The first one needs no introduction, while the second one is less well known.
๐ฉ๐ปโ๐ฌ Dixy Lee Ray was an American politician and biologist from the Democratic Party. In 1975, the position of "Assistant Secretary of State for Oceans and International Scientific and Environmental Affairs" was created, and Ray was the first person to hold the post. She left the position shortly thereafter to become the 17th Governor of Washington State.
๐ In his 1973 book, "The Nation's Energy Future: A Report to Richard M. Nixon, President of the United States", he describes how nuclear energy can lead to decarbonization, a very timely topic that we will discuss later.
๐ถ Stay tuned.
#energy #nuclear #thesis #democratic #einstein #america #president