I’m using Wallet if Satoshi. Nothing to compare it to - what can I say. It’s very simple and easy. It just works.
You get it
Explaining why Bitcoin is awesome > explaining why CBDCs are evil
Yes ESG is largely gaslighting.
It’s also one of the hurdles to hyperbitcoinization
Currently talking with 2 funds/foundations about ESG and Bitcoin so that they can feel comfortable beginning capital allocations
Good suggestion. Was going to zap you. But your LN address doesn’t seem to be set up.
We interrupt this bitcoin energy quant service to post this feel-good meme to share with your pre-coiner friends
Normal quant services will resume shortly
Hey - sometimes a classically trained musician just wants to compose some thrash metal.
Agree. So does Jack.
Peter Thiel probably would too “likes are a vanity metric. Zaps are a real metric.”
For those interested: looks like Luxor Technologies have an OTC service that do this.
Anyone used this?
If I wanted to hedge against the risk of hashprice going below 4c how would I do that.
Does it require me to separately short BTC and long hashrate, or is there a single hashprice derivatives instrument I can use ?
Asking for a friend
The best antidote for myth is data.
Currently I’m collaborating on making a dynamic chart tracking bitcoin’s journey to carbon negative. That level of data can I hope make mythology propagation more uncomfortable.
Should say “CCAF model” (the Cambridge Centre for Alternative Finance estimate)
Here’s another view of how we got from the CCAF mode to 52.6%
Summary: We’re pretty sure bitcoin uses at least 52.6% sustainable energy
Cheers. This video seems to be have one of the more effective orange-pillers. Especially with those who had previously swallowed a CBF (central bank FUD) pill.
Changing the frame:
Bitcoin's role in reducing Climate Change (V/O with pictures)
I don’t suppose calling it “securing the network that will end petrodollar-fuelled climate apolocypse, cantillian malinvestment, ungodly wealth assymetry and the economic subjugation of the world’s unbanked” would help
I recently quantified Bitcoin’s environmental positives and negatives
Here’s a visual summary that puts the FUD in perspective
Summary: the negatives aren’t that many and aren’t that big: the positive are many and big
Okay. Maybe you could also include data of shops like https://21energy.io/produkte/ or https://kaboomracks.com/ about how many old miners they sell.
Yes that’s valid input. In the Q3 2023 Bitcoin mining report from BMC, there’s a graphic with estimated distribution and J/Th. Working on seeing if that data can be shared also.
Not easy. You have to make assumptions. But we can make more accurate assumptions that better reflect current mining dynamics
Spot the difference
The story: Last week I noticed some weird behavior in my emissions tracker.
Turned out the Cambridge CBECI energy estimate was overestimates the amount of older inefficient machines that come into the network when Bitcoin price rises
Been working on an adjusted model that corrects for upward drift
The right hand picture is the corrected one.
Just got some nice feedback here that this article has been a useful resource to share with people who know nothing about bitcoin, or have misconceptions about it