ImAτruePerson

I present the „Tractatus Logico-Economicus“: 1. #bitcoin IS. ... 7. Buy #bitcoin. In between, insert the linguistic witchcraft of your choice.

[ImAτruePerson @ImATruePerson]

@100trillionUSD The risk of the current financial system collapsing is the biggest risk for #bitcoin at its current stage of adoption and sophistication. This risk is direct proportional to the speed of the collapse. The longer it takes the better for BTC.

[ImAτruePerson @ImATruePerson]

@WeGotIt2k @ezdubs_bot English German

[Daniel Batten @DSBatten]

Respectfully, you didn't need to spend taxpayer money to conclude that Bitcoin "could consume 0.6-2.3% all electricity in the United States" - our models have been telling us for more than a year that Bitcoin uses ~1.9% of US electricity. (see calculations below)

But this statistic is meaningless (unless your intention is to create context-independent soundbites to vilify Bitcoin: quite possible, considering Senator Warren's involvement in this data-gathering exercise).

That's the easy bit. Here's what we also know, that the EIA has not been asked to investigate:

- 52.6% of that power comes from sustainable energy
- 60% of that power is on a single grid: ERCOT (Texas)
- the ERCOT grid has not experienced blackouts since Bitcoin hashrate rose steeply from 2021
- The ERCOT Grid operator from 2021-23 hailed Bitcoin as part of the reason the grid became more stable, and electricity prices did not rise further for Texans
- a high percentage of that power is stranded/wasted electricity/non-rival (not quantified yet, but there's a meaningful chunk of work for you EIA)
- a Cornell Study showed that Bitcoin mining on the ERCOT grid allowed renewable operators to become more profitable, which helped accelerate the renewable transition of that grid
- More than 10% of US network emissions are already offset through US methane mitigation, a figure that is trending upwards every year

Calculations:

US est electricity consumption: 4,068 billion kWh in 2024
source: EIA's own data https://t.co/9Cg5Ut4z70.

Bitcoin current global electricity consumption: 162.25 billion kWh (162.5 TWh). source: https://t.co/cereiCCS4h

US estimated % of global hashrate: 47.7%
Source: https://t.co/sbWb4F3P5C

https://t.co/cxVfhohB42

[ImAτruePerson @ImATruePerson]

@lexfridman @omarsuleiman504 @ezdubs_bot English German

[ImAτruePerson @ImATruePerson]

😂

[Nicolas Dorier @NicolasDorier]

@imabearhunter with this we can even get the neocons in our pockets

[Daniel Batten @DSBatten]

🧵While we were sleeping, the European Commission (via ESMA & ECB) has been creating a report which they plan to label bitcoin
-environmentally harmful
-a threat to EU energy security
-a haven for financial criminals

Paving the way for 2025 de facto EU bans on BTC & BTC mining

[ImAτruePerson @ImATruePerson]

@SaraYafi @ezdubs_bot English to German

[ImAτruePerson @ImATruePerson]

The „ctrl“ button was probably the biggest psy-op in history 😂

[Massimo @Rainmaker1973]

From a 1979 IBM presentation

[ImAτruePerson @ImATruePerson]

@realhus2 80% minted within two years? 🤡How to tell someone that something is a premined shitcoin without saying it’s a premined shitcoin?

[𝗗𝗥𝗘𝗔𝗗 𝗕𝗢𝗡𝗚𝗢 @DreadBong0]

$TAO lists on @kucoincom 🔥

https://t.co/V8hXdGNn0Q

Trading pair $TAO / $USDT on #KuCoin is now Live

Great efforts from the community to get this over the line 👏

One by one.. The doors of access are opening for #Bittensor

$TAO

[ImAτruePerson @ImATruePerson]

Yes, figments 😂

[Andrew Gallimore @alieninsect]

I guess that settles it then.

I’m saying nothing after last time…

But the title & subtitle tells you everything you need to know — he’s right and you’re wrong. And that’s that.

https://t.co/4H0mVo0r0w

[ImAτruePerson @ImATruePerson]

@George1Trader $dot

[Antoine Levy @LevyAntoine]

If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

[ImAτruePerson @ImATruePerson]

@MHiesboeck Looks like the average 💩-coin roulette portfolio to me 🤷‍♂️

[Bitcoin Breakdown ⚡ @BTCBreakdown]

Greta Thunberg (@gretathunberg) changes her stance on bitcoin mining

[Nodexo @nodexo]

Decentralized AI needs a decentralized compute layer.

We must scale. $TAO

Subnet 27: Emissions for incentive testing are now live on Mainnet. 🧵

[ImAτruePerson @ImATruePerson]

I love that tweet and the different ways to interpret it🙃

[Elon Musk @elonmusk]

Thank you, veterans past and present, for saving the world

[ImAτruePerson @ImATruePerson]

Ethereum will be falling and left behind. there is just no utility in it. And its one layer behind bitcoin when it comes to salability. $tao will eat $eth in a whole.

[ImAτruePerson @ImATruePerson]

@zackvoell 🫠

[Zack Voell @zackvoell]

a shitty wiskey called federal reserve

[Zack Voell @zackvoell]

🧙‍♂️