but it uses so much energy!!
- 121 TWh/a
-> for a global payment network that millions of people use & secures billions of dollars in value
Bitcoin is more economical than gold as a store of value & much more economical than the payment network of banks
A big German Newspaper & Alex de Vries say: Bitcoin is a “climate killer”!
…A killing machine like the T-800 sent to relentlessly hunt & kill Sarah Connor.
…Really!?
Weezel took a closer look at the numbers in a German article for bitcoinsozial👇
Spoiler: Bitcoin is the T-800
A big German Newspaper & Alex de Vries say: Bitcoin is a “climate killer”!
…A killing machine like the T-800 sent to relentlessly hunt & kill Sarah Connor.
…Really!?
Weezel took a closer look at the numbers in a German article for bitcoinsozial👇
Spoiler: Bitcoin is the T-800
https://bitcoinsocial.de/Klimakiller-Bitcoin/
Die FAZ & Alex de Vries sagen: Bitcoin ein “Klimakiller”!
Eine Killermaschine wie der T-800, die geschickt wurde, um Sarah Connor unerbittlich zu jagen & zu töten.
Really!?
Weezel hat sich die Zahlen genauer angesehen 👇
Spoiler: Bitcoin ist der T-800
scientific paper printer goes brrr
„Overall, the paper suggests a re-evaluation of the environmental impact of Bitcoin mining, highlighting its potential role as a facilitator for renewable energy expansion, and decarbonization“
https://www.mdpi.com/2078-1547/14/3/35
Via their nonce fingerprint, it’s apparently possible to identify miner generations and determine their share of the hashrate.
cool 😮
and very useful for calculating ₿ energy use
Bavaria just seized two banking accounts of the German climate activist group and „criminal association” named Letzte Generation.
Who stopped accepting ₿ donations a while ago. Now they learn.
Dear leftist,
monetary expansion is a tool for redistribution. And not the good kind. The diametral opposite.
Learn the basic mechanisms.
- another leftist
AML doesn’t even work!
- AML policy intervention has less than 0.1% impact on criminal finances
- compliance costs exceed recovered criminal funds more than 100x
- banks, taxpayers and ordinary citizens are penalized more than criminal enterprises
https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366