Ask and you shall receive!

Apparently it’s striking a chord: it’s now the most watched talk from the conference!

https://planb.lugano.ch/why-bitcoin-is-the-worlds-best-esg-asset/

I always aligned more strongly to virtue ethics during my philosophy study. On leaving university I realised that the trichotomy was limited, a “Western” take on ethics and became much more aligned to Vedanta, where ethics is an organic byproduct of metaphysics, not a separate course of study - and where philosophy and science were seen as two sides of the same coin, as they originally were in Greek thought also.

Bloomberg, Forbes, TVNZ, MSN, Financial Times, The Hill, The Independent (Ireland), Euro News, MIT Technology Review, One Green Planet, Cornell University, Yahoo Finance and other MSM outlets all published positive press on Bitcoin mining this year.

Probably nothing

Bloomberg -

Bitcoin Miners Draw From Iceland’s Surplus of Renewable Energy

https://lnkd.in/gYb_4Qsr

MSN - Bitcoin Mining Going Green?

https://lnkd.in/gErmjMGU

Financial Times – Mini hydro plants subsidized by Bitcoin mines in Kenya

https://lnkd.in/g4ZBB2vq

The Hill - Bitcoin mining is energizing sustainability through green innovation

https://lnkd.in/g3jCScNb

TVNZ documentary - WFT is Crypto: Bitcoin Mining Episode

https://lnkd.in/gRd_AKdb

Independent (Ireland) – Farmer reducing methane emissions with Bitcoin mining

https://lnkd.in/gbVg2nst

Euro News – Bhutan is sustainably mining Bitcoin and using it to develop “energy independence”

https://lnkd.in/gSQdzWey

MIT Technology Review – How Bitcoin mining saved a national park

https://lnkd.in/g_k_wTSD

Cornell University - Study proposes use of bitcoin to support renewable energy development

https://lnkd.in/gnv5sFiq

One Green Planet – The sustainable side of bitcoin mining

https://lnkd.in/gPkMb-8D

Yahoo Finance - Marathon Digital Sees Shift in Bitcoin Mining Industry Dynamics With Energy Producers, Renewable Energy

https://lnkd.in/grBQCpAw

Thanks. I’ll check him out.

Oh that’s great. I’ll have to try that technique. 🤣

Proud day

Not a bitcoin book. Though it does open-source the blueprint I use for changing false-narratives.

… and it’s got an orange cover.

Interesting take. So what is your opinion on Carl Sagan’s testimony on the subject?

https://m.youtube.com/watch?v=Wp-WiNXH6hI

JUST IN:

Bitcoin's CEO Satoshi Nakamoto issues statement

"Unlike Bitcoin, the electricity that powers a Tesla still comes mainly from fossil fuels. Once Telsa can show us data proving their electricity-mix comes mainly from sustainable sources, we'll let them to use Bitcoin to buy Teslas again."

Because while Malthusian assumptions are wrong and degrowth is not the answer, I do agree that there are limits to how much CO2 we can pump into the atmosphere, nitrogen into the earth, and plastic into the ocean.

Secondly because it’s a matter of choosing your battles. What is (relatively) easy: showing ICs that Bitcoin is net positive to the environment.

What is very hard: trying to change the decision-making rubric of the world’s ICs.

I need your help with something - data !

Context: I’ve been getting feedback that this is the best attempt I’ve made to diffuse the “bitcoin is bad for the environment” FUD-bomb.

https://www.youtube.com/watch?v=HheeouBR-3o&t=3

The first half picks apart the flaws in the Cambridge model and replaces them with a more reliable model of Bitcoin’s emissions.

The second half looks at why Bitcoin is the greatest ESG asset of all time.

I break down, with data, why Bitcoin is the best ESG asset across 6 categories.

Here’s the data I’m after:

I’m very interested to hear how it lands with pre-coiners

Please feed back to me what they say, so I can see

A. where people still get stuck and

B. what messages resonate the most so I can keep improving how I communicate this message, because if we know what works we can all disarm environmental FUD and increase user adoption of bitcoin faster.

Thanks!

Depends on the contract they have. But I’d just ask them straight up “are you incentivized to find ways to make the operation more profitable either by reducing cost or increasing revenue?”

I recently sat down with Nik Bhatia, author of Layered Money, to talk about why Bitcoin is Green Tech.

We cover

1. How I came to realized that Bitcoin mining was the solution to reducing emissions, not a problem

2. How Bitcoin can become the world's first industry to reduce more emissions than it produces (without offsets)

3. Why Carbon Credits and Bitcoin mining are like a Nik Cave and Kylie Minogue duet.

👇

https://www.youtube.com/watch?v=4pVtT0FVlj8

Love it! Action only. Let me know if you want some tips in what other bitcoin miners have found the best way to engage them. In a nutshell: cut to the chase : work out how much additional money they can earn per month through selling you power. Lead with this.

My latest article quantifies the value of changing the ESG narrative on Bitcoin: $1Trillion

(Over $50k addition value per bitcoin)

https://batcoinz.com/the-bitcoin-facts-that-every-esg-investment-committee-should-know/

Lugano Keynote just got uploaded

“Why Bitcoin is the world’s best ESG Asset”

https://t.co/6iWoxLcXsQ

Just saw the UN had published a report on Bitcoin mining.

It’s a historical account of Bitcoin mining during 2020-21. (When China and Kazakhstan) were the main hashing nations.

Because the mining map has changed completely since then, it is not relevant to today, more a nostalgic pre-China ban view that shows how fast Bitcoin mining has migrated to sustainable power in a short time.

Any journalists that pick up the report as though it is a statement of the current power mix of bitcoin mining are showcasing how little they have studied the basics of bitcoin mining.

In terms of the implication bitcoin datacenters have a big land footprint, I would say “compared to what?”

Solar panels?

Traditional datacenters.

Bitcoin stacks up well on both counts

Because they consume much more power they have roughly 1/4 the land footprint of a traditional datacenter.

Next.

Just finished Lugano keynote

I’m seeing more and more narrative flips this year.

Finance Magnates had been consistently negative about Bitcoin mining until this month (when it seems the KPMG report completely flipped their thinking)

“Correcting outdated narratives and recognizing Bitcoin's positive contributions to environmental and social challenges will be essential to onboard investors into the digital asset economy.”

https://www.financemagnates.com/cryptocurrency/does-bitcoin-or-crypto-mining-still-pay-off/amp/

Generally more like 40-50 years.

Can be even longer.

From the point the landfill is closed it’ll still emit enough methane for powergen for another 15-20 years.

My latest piece on why Bitcoin is good for the environment just went live on Blockworks

https://blockworks.co/news/environment-planet-mine-bitcoin-methane