@digieconomist is central banker using made up data. @cleanupbitcoin is paid for with dirty unregistered securities profits from Ripple founder Chris Larsen.
🚨 BREAKING 🚨
SOLANA is dying after FTX whistleblower shows that they still hold ~8% in secret wallets.
This is 7 BILLION in sell pressure.
This is bad.
1/n I'm really proud of this report on bitcoin ownership.
Our survey of 3,538 adults in the US found bitcoin ownership:
-covers the full spectrum of political identity
-is skewed young and male
-correlates weakly with a unique profile of moral values
-correlates strongly with knowledge of bitcoin
🧵
Why are journalists so keen to write and embarrass themselves first, research second?
"Cryptocurrency mining operations can use thousands of high-powered computers that devour huge amounts of electricity, making it perhaps a natural ally in Trump's defense of fossil fuels"
is a truly uninformed take from @POLITICOPro and @scottpwaldman.
Here's why
Bitcoin mining
* Allows grids to be build using more renewable energy (Rhodes et al)
https://t.co/p1I2NtJVvX
* uses 55.8% sustainable energy. For context, there is not an industry in the world that uses as much sustainable energy as Bitcoin mining companies.
https://t.co/Qf08cfG3H2
* has been shown in peer reviewed research to support renewable adoption and climate action
https://t.co/TCskbMVMAl
* recently prevented the release of ~1.3 million SCF of methane into the atmosphere through a landfill gas project
https://t.co/hroRP8OMv9
Respectfully, to avoid discrediting yourself and your profession further, you may want to consider reversing the write->research order in future.
https://t.co/dyvhXYPMtQ
JUST IN - New Study: Bitcoin Mining on Landfills
"In this study, we reveal it is not only feasible but economically viable & environmentally beneficial to use landfill gas for Bitcoin mining"
TL;DR:
♻️ "In the span of 240 days, we prevented the release of ~1.3 million SCF of methane into the atmosphere"
🚗"over the course of 240 days, the project mitigated the equivalent of 6,627 gas-powered passenger cars"
💡"techniques and insights gained from this project open the door to new opportunities at landfill sites [to turn] wasted energy sources into productive, more sustainable assets"
Congrats @NodalPower, @MarathonDH for pioneering this work. @BitcoinMagazine for the write-up
https://t.co/hroRP8OMv9
The real story is not that bitcoin continues to flourish after fifteen years. Nor is it that SBF is a convicted criminal. It’s that the worlds of credentialed academia and journalism got both SBF and bitcoin exactly wrong. The press darling is in jail. Bitcoin roams free.
@FT There is a very good technology that solves this problem profitably. Forward thinking ESG investors are already investing in it. It’s called Bitcoin. Have a look.
@CleanUpBitcoin You described demand response. A technology critical to stable grids and renewable energy. Congratulations. You have zero idea what you’re talking about.
@CleanUpBitcoin This is false. Your campaign is funded by a crypto billionaire with an interest to malign bitcoin. Bitcoin is the best tech we have for green initiatives.
JUST IN: Across 6 critical metrics: Bitcoin is the world's best ESG asset ♻️♻️♻️♻️♻️♻️
(It's also one of the most misunderstood and prematurely evaluated)
Sources:
Lugano Keynote: https://t.co/6iWoxLcXsQ
Article, with data sources: https://t.co/uzb4WqOwuh
1/4
🔥NEW CHARTS🔥
Today, Bitcoin offsets 6% of its emissions thru methane mitigation
Using vented methane from 35 landfills, Bitcoin becomes the world's 1st greenhouse negative industry, without offsets
*Since the Merge, ETH can't do this
@BlockBrainAI, @AntoniusGress
🧵
Bitcoin is now offsetting 6% of it's emissions through methane mitigation. No other technology can do this profitably, without govt subsidies.
https://t.co/5vnDRZ76ii
JUST IN: Across 6 critical metrics: Bitcoin is the world's best ESG asset ♻️♻️♻️♻️♻️♻️
(It's also one of the most misunderstood and prematurely evaluated)
Sources:
Lugano Keynote: https://t.co/6iWoxLcXsQ
Article, with data sources: https://t.co/uzb4WqOwuh