1/ Bitcoin critics continue to assert that mining is wasteful and disproportionately damaging to the environment.
Contrary to consensus thinking, we believe the impact of bitcoin mining is a net positive for the environment.
Here's why:
$BTC
4 weeks of selling followed by 1 week of bounce isn't necessarily as bullish as the small timeframes make it out to be.
For reference, this green candle "only" reclaimed 50% of the previous one.
I'm personally not looking to rush into a long position just yet.
The EU has made a significant investment into emerging technologies such as blockchain and AI, and it could possibly balance the world’s tech oligopoly https://t.co/khQ6yTfgFl
1/ Tribalism is the biggest drain on crypto's human resources that I see today.
Tribal toxicity drives newcomers away, has caused valuable talent to leave the industry, and clouds the thinking of the committed.
1/ Quick thoughts on people calling #bitcoin a bubble:
It is a bit absurd and laughable that people/"analysts" can declare #bitcoin a bubble in real time. A bubble is declared in _hindsight_, ridiculous to declare one before the devastating crash.