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Bitcoin Is Green Energy
Bitcoin Mining Is Shockingly Mostly Powered by Green Energy. IF YOU believe otherwise stop watching CNN, FOX, MSNBC and their supposed “experts” spreading Bitcoin FUD.
Bitcoin mining is unique in that it’s geographically independent; miners can choose their location based on the cheapest cost of electricity.
On March 4th, 1922, the Washington Herald ran a column titled “Ultimate Money” whose author advocated for a new form of electricity money. “How long before this new sort of money comes?” Turns out 86 years, 9 months, and 30 days.
Without aluminum or Bitcoin to soak up the surplus energy from renewables in remote locations, it would remain untapped. Thus, the argument goes, Bitcoin can have a positive environmental impact by storing otherwise lost renewables as a form of embedded energy, just as plants convert sunlight into fuel through photosynthesis.
AND YES BITCOIN IS UNCONFISGATABLE DIGITAL CURRENCY THAT HAS THE POWER TO MAKE YOU SOVEREIGN.
IT IS WORTH ALL THE ENERGY IT USES UNLIKE ALL THE ENERGY USED FOR YOUR NORMAL HOUSE HOLD APPLIANCES that YOU DON’T NEED.
FUD saying anything else comes from government, bankers and any other business that does not like digital electronic energy money displacing their failed business model and control over you.
AND if you haven’t read or failed to understand the BITCOIN paper then you don’t have an worthy opinion because you do NOT understand computer technology, cryptography, or the internet. You are 19th century ignorant and this is out of your depth. The best you can do is find people who do know what they are talking about and follow them.
bitcoinisgreen.org
“Bitcoin is the least energy-intensive, most efficient technology that we have, perhaps, discovered ever, in the history of the human race. Energy sources are used to maintain the Bitcoin network (i.e., fossil fuel vs. renewables).
Currently, the most efficient way to generate the highest hashes/k is through the use of solar energy and hydro-electric, because those are the cheapest ways to produce electricity.
NYDIG, September 2021 “Bitcoin consumed 62 TWh of electricity in 2020, which resulted in 33 million tonnes of carbon dioxide emissions, insignificant in global terms, representing just 0.04 % of global primary energy consumption and 0.1 % of global carbon emissions” ~ Bitcoin Net Zero
BITCOIN IS BETTER THAN GOLD
– IT IS DIGITAL GOLD
– A PERFECT STORE OF VALUE
WHAT BITCOIN ENERGY DOES NOT DO
China, where more than two-thirds of power is from coal, accounts for more than 75% of bitcoin mining around the world.
GOLD MINERS ARE KILLING THE ENVIRONMENT
Rich countries may be buying illegal gold that’s driving Amazon destruction.
Illegal gold miners threaten fragile way of life, deep in Amazon rainforest.
Much of the destruction occurred in environmental protection areas, most notably near Itaituba in the Tapajós basin, which the authors describe as the most important gold
Illegal land grabbing, deforestation and an out-of-control gold rush in protected rainforest areas have created a perfect storm combining environmental degradation.
BANKERS
“RICH AS HELL”
Learn about personal finances, and how to build wealth. The Awesome story behind Money, Finance and Chasing Security
Bitcoin Fixes Money see the Panic of 1907
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Bank Stock Losses on Friday, October 29, 2021
By Pam Martens and Russ Martens: November 1, 2021 ~
On Friday, the Dow Jones Industrial Average, S&P 500 Index and Nasdaq Composite, all closed in positive territory. But as the chart above indicates, mega banks on Wall Street closed in a sea of red ink. Citigroup (ticker, “C”) was […]
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