If you told me 10 years ago that the policies I developed on low carbon economic transition + Canada's water strategy would be highly applicable to supporting a new monetary standard, I would not have believed you
We’re talking to nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 on Blue Collar Bitcoin tomorrow.
What #Bitcoin tech or other topics do u want the 3 of us to explore?
CBDC report that dropped today from the bank of canada @nostr:nevent1qqsd2wfvpn8c253pdexme3xgumcckutxh9srk32dsnt4hp9765gnpgspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqhyflt84tg0zk3x5d9lqnze56e3jlanxm84cr89gkfdv977twnwmqvzqqqqqqydvv5rp
Canadians do *not* want a CBDC. Today the Bank of Canada dropped a report from its #CBDC consultations. Some highlights:
9 out of 10 Canadians don't trust the Bank of Canada to issue a secure #CBDC. In fact, there's not a lot of trust in government, tech companies or government in this regard.
Privacy is the most sought after design feature in a CBDC. Canadians value the ability to give, refuse or withdraw consent to the use of their personal info & ability to hold an anonymous amount of money over being able to recover funds.
The survey show that Canadians just aren't interested in using a CBDC & most would never use it.
Furthermore, Canadians want The government to enact regulations that require merchants to accept cash so it remains an option.
I suspect that Canada's response to the truckers protest was an eye opener: the government shut down access to banking of Canadians that donated to the truckers (which at the time was *legal*) - this happened in a G7 country, & not an authoritarian state.
1 in 7 Canadians uses or owns Bitcoin or crypto. The Bank of Canada has conducted studies on Bitcoin every 2 years, but the data set for this report is much larger (90k Canadians) than previous reports (~2k). Thus, this report provides a good picture of what Canadians want - or don't want.
Also, I don't believe this report was skewed by bitcoiners because previous studies by the Bank of Canada and Ontario Securities Commision had similar numbers & this is a larger sample.
Hope this consultation was informative to Bank of Canada & policy makers.
The full study can be accessed here: https://www.bankofcanada.ca/2023/11/what-we-heard-bank-of-canada-publishes-report-on-digital-dollar-consultations-outlines-further-engagement-plans/
The overall reaction 😅 
The Canadian gov may have shot itself in the foot wrt launching a CBDC with its handling of the trucker protests
Canadians do *not* want a CBDC. Today the Bank of Canada dropped a report from its #CBDC consultations. Some highlights:
9 out of 10 Canadians don't trust the Bank of Canada to issue a secure #CBDC. In fact, there's not a lot of trust in government, tech companies or government in this regard.
Privacy is the most sought after design feature in a CBDC. Canadians value the ability to give, refuse or withdraw consent to the use of their personal info & ability to hold an anonymous amount of money over being able to recover funds.
The survey show that Canadians just aren't interested in using a CBDC & most would never use it.
Furthermore, Canadians want The government to enact regulations that require merchants to accept cash so it remains an option.
I suspect that Canada's response to the truckers protest was an eye opener: the government shut down access to banking of Canadians that donated to the truckers (which at the time was *legal*) - this happened in a G7 country, & not an authoritarian state.
1 in 7 Canadians uses or owns Bitcoin or crypto. The Bank of Canada has conducted studies on Bitcoin every 2 years, but the data set for this report is much larger (90k Canadians) than previous reports (~2k). Thus, this report provides a good picture of what Canadians want - or don't want.
Also, I don't believe this report was skewed by bitcoiners because previous studies by the Bank of Canada and Ontario Securities Commision had similar numbers & this is a larger sample.
Hope this consultation was informative to Bank of Canada & policy makers.
The full study can be accessed here: https://www.bankofcanada.ca/2023/11/what-we-heard-bank-of-canada-publishes-report-on-digital-dollar-consultations-outlines-further-engagement-plans/
The overall reaction 😅
Canadians do *not* want a CBDC. Today the Bank of Canada dropped a report from its #CBDC consultations. Some highlights:
9 out of 10 Canadians don't trust the Bank of Canada to issue a secure #CBDC. In fact, there's not a lot of trust in government, tech companies or government in this regard.
Privacy is the most sought after design feature in a CBDC. Canadians value the ability to give, refuse or withdraw consent to the use of their personal info & ability to hold an anonymous amount of money over being able to recover funds.
The survey show that Canadians just aren't interested in using a CBDC & most would never use it.
Furthermore, Canadians want The government to enact regulations that require merchants to accept cash so it remains an option.
I suspect that Canada's response to the truckers protest was an eye opener: the government shut down access to banking of Canadians that donated to the truckers (which at the time was *legal*) - this happened in a G7 country, & not an authoritarian state.
1 in 7 Canadians uses or owns Bitcoin or crypto. The Bank of Canada has conducted studies on Bitcoin every 2 years, but the data set for this report is much larger (90k Canadians) than previous reports (~2k). Thus, this report provides a good picture of what Canadians want - or don't want.
Also, I don't believe this report was skewed by bitcoiners because previous studies by the Bank of Canada and Ontario Securities Commision had similar numbers & this is a larger sample.
Hope this consultation was informative to Bank of Canada & policy makers.
The full study can be accessed here: https://www.bankofcanada.ca/2023/11/what-we-heard-bank-of-canada-publishes-report-on-digital-dollar-consultations-outlines-further-engagement-plans/
The overall reaction 😅
It's a pool where each water droplet is scattered across a huge area
Bitcoin, causing droughts since 2009
S9 & another miner my landlord had (can't recall what)
It was a learning experience, half ended up on the floor 😂
What the media thinks I do
What I actually do
https://twitter.com/Crypto_Mags/status/1447378906303004675?t=FOOBKAD9WSkWwuJMq3A6jg&s=19
Don't DCA Bitcoin, it uses too much water. Smash buy your savings to be more environmentally friendly
Bitcoin mining is implementing carbon negative ops, making it hard for devries to attack it w/ bad data, so he's moved his flawed arguments to water use...
Just wait until the first Bitcoin desalination plant goes live in the middle east
Any miners heating an orphanage yet?
😂
Ben deserves a nice small town girl
Someone tell Digicon he got it wrong, we heat pools, not use their equivalent amount in water per transaction!
Are we talking people or ASICs?