moon seed

[moon seed @moonseed16]

@shakepay So I’m not useful to Shakepay when I send you ALL my non-rent money each month? Like many, I don’t have the option of direct deposit. I use your payment platform w/ EVERY purchase, but that isn’t useful to you b/c after spending, I don’t make enough to exchange? You sound fiat.

[moon seed @moonseed16]

@rajatsoni And they’ll still be on the sidelines, citing a preferred price from several crashes ago as their future point of entry.

[Daniel Batten @DSBatten]

The @BBC just wrote a piece on Bitcoin mining which contains not only many factual errors, but also many errors by omission. Here's where it falls short. This one is by @mwendling.

https://t.co/6zNrN1oK3y

Let's analyze and contextualize their latest effort.

Firstly, an acknowledgement. BBC did last month write its first positive piece on Bitcoin mining, showing how Gridless Energy was bringing rural Africans out of energy poverty.
https://t.co/fPjggY08SL

Prior to that however, BBC has previously been one of the most selective reporters on Bitcoin. This latest article is a continuation of that long-term trend.

Earlier this month, the most significant report on Bitcoin mining ever was released by Cambridge, showing that Bitcoin mining
- was 52.4% sustainably powered
- helped stabilize grids
- reduced fossil fuel heating through heat recycling
- was mitigating methane by reducing the environmentally harmful practice of flaring at scale

I asked a @BBCWorld reporter if he was going to cover this news, given that they'd previously covered Cambridge's reports here
https://t.co/VdOZGw6vLr, here https://t.co/SBIkTbo2Js and
here https://t.co/2AXy2CyNR7.

His reply "more important news around I think".

For context: It's interesting to see what @BBC has not reported on when it comes to Bitcoin mining, namely: 20 full length peer reviewed academic studies plus 7 independent reports showing that Bitcoin has strong environmental benefits.

source: https://t.co/Q6vkl5eTXs

More important news around ?

But they did feel that a 5 page academic commentary (that did not use empirical data, and which has since been debunked by Cambridge, @dari_org and a peer reviewed study (Sai & Vranken 2024) was important news.

Their headline incorrectly and indeed comically, claimed that "Every Bitcoin payment 'uses a swimming pool of water'" here
https://t.co/sd1fzUfr0v resulting in a formal complaint from @DecentraSuze of the Bitcoin Policy Institute, UK over gross inaccuracies. The BBC did not retract or amend the article.

Over the years, the narratives covered by BBC and other news media that Bitcoin have included "is mostly fossil fuel powered", "reopens fossil fuel plants", "strains grids" and "strains water resources". Each and every narrative has now been widely debunked in peer reviewed studies and by both grid operators around the world.

BBC has not reported on any of these debunking studies. Neither has BBC acknowledged that their previous reporting have been shown to be incorrect. Rather, it appears that they have simply moved on to a new environmental attack vector and reported on that until that too is debunked.

The "Bitcoin mining creates too much noise" and "Bitcoin is a tool for right leaning politicians and their supporters" suggested in this article is a continuation of a long line of attack vectors, employed without accountability to acknowledge errors, or provide readers with balance or context.

For example, the "instrument of the political right" has been debunked by a study of 3538 US adults conducted in 2024 by the Nakamoto Project, which showed that Bitcoin supporters come from across the political spectrum, with a slight bias to "very liberal".

The reason they supported Trump at the last election was that many went against their natural affiliation to end 4 years of capricious anti-Bitcoin policy by the Biden administration which included debanking legitimate publicly traded mining companies, constant environmental gaslighting, ultimatums to release confidential data to mining companies with 10K per day fines for non-compliance, threats of 30% additional taxes and regulatory scrutiny sometimes on a daily basis.

As for the noise issue. Yes, Bitcoin mining companies like other industries create noise, and like other industries sometimes that is excessive.

The noisier, air-cooled Bitcoin mining machines (becoming less common) produces between 70 to 90 decibels (dB) of sound. If you're standing right next to it.

Here is the context that BBC didn't feel it necessary to give you.

1. Comparatively, industrial power plants often reach 80 to 105 dB, similar to heavy machinery. Context BBC didn't feel it's readers needed to know, and does not report on.

2. BBC also didn't tell you that at Greenidge, advanced acoustic tech and noise barriers significantly reduce sound. Modern setups with immersion cooling or soundproof containers lower ambient noise by up to 30 dB.

3. BBC also didn't tell you that the Granbury site reported on has already had the noise issue brought within legal limits through migration to liquid-cooled mining units.

4. There is documented video evidence, taken by locals, that a lot of the noise at Granbury was in fact produced by valve blow from Gas generation plants, as opposed to Bitcoin mining units.

The article also suggests that Bitcoin mining harms rural communities, based it appears more on a couple of carefully selected interviews

Had the journalist in question done an LLM search on Bitcoin mining and community impact, he'd have found that Bitcoin mining has been found to offer significant benefits to communities, including the creation of 31,000 jobs, stabilizing electric grids due to their flexible power needs, with significant investment into local communities.

This is backed up both in a Perryman Group report
source: https://t.co/ltnBRdszqh
and by Ward Roddam. Mayor, of the small community of Rockdale https://t.co/byNVAcWMMK

BBC didn't feel it necessary that you knew that context either.

I guess it wasn't the story they wanted to tell.

[Daniel Batten @DSBatten]

Bitcoin's environmental benefits have now been validated in 20 peer reviewed studies, a recent Cambridge University report. It's also now being covered by 13 mainstream news outlets.

How times change!

1. Bloomberg
TL;DR Bitcoin Miners Use Iceland’s Surplus of Renewable Energy
https://t.co/f6FNBV7CDX

2. Reuters
TL;DR: Bitcoin mining company MARA's new operation "captures gas that was slated to be burned or vented into the atmosphere as methane, a powerful global warming gas"
https://t.co/EG9N4KdYfE

3. BBC
Bitcoin mining delivers renewable energy to rural Africa
https://t.co/fPjggY0GIj

4. Financial Times
Bitcoin can push beneficial environmental and social outcomes
https://t.co/CZpBmCfLpM

5. Forbes
TL;DR Bitcoin emerges as a promising player in the green revolution
https://t.co/6VC7uNInJ6

6. The Independent
TL;DR Bitcoin mining could supercharge transition to renewables
https://t.co/B75vDUxeA3

7. The Street
TL;DR: Bitcoin is key to the future of renewable energy
https://t.co/dkOjfq9ddP

8. MSN
Bitcoin is helping solve African rural energy challenges https://t.co/i6258WQxL2

9. Yahoo Finance
Bitcoin shown to combat air pollution https://t.co/xZfbmgjmCY

10. Unherd
TL;DR Bitcoin delivered electricity to 1800 African villagers https://t.co/bgOaasQMKe

11. The Hill
Bitcoin mining is energizing sustainability through green innovation https://t.co/KnlU03xfEy

12. Euronews
TL;DR: Sustainable Bitcoin mining is developing Bhutan's energy independence https://t.co/RiTAdmO0nS

13. Technology Review
"Bitcoin mining saved an iconic African National Park" https://t.co/455ChX6MZn

[moon seed @moonseed16]

@shakepay This is ✨great✨Thank you, Shakepay!

[National Citizens Inquiry (NCI | CeNC) @Inquiry_Canada]

In her testimony, former CBC reporter Marianna Klowak admitted, "We betrayed the public. We broke their trust... I had witnessed the collapse of journalism... We were in fact pushing propaganda."

#Transparency

[moon seed @moonseed16]

@picky_bee @Skipvue Yes, Proctor Physics clearly demonstrate that the shoe initially landed above his head, and the inclement weather prevented investigators from looking up- which is why they didn’t find it until much later, after it had slowly floated back down onto the harder-than-concrete earth.

[Stack Hodler @stackhodler]

You work hard to make money.

But what's the best way to save/invest your money for a better future?

People use homes, stocks, bonds, and even art to save money.

But they all have downsides.

None of them were engineered to be a vehicle for "savings" so they are imperfect.

- A house is stuck in one place, has maintenance and insurance costs, and usually requires taking out debt to "own".

- There's an unlimited supply of government debt (bonds) and they lose purchasing power over time.

- Businesses have limited life spans and tons of operational risk. They can also create equity from thin air.

- Art isn't fungible. To sell it you need to find a buyer who wants your particular artwork AND is willing to pay your price.

#Bitcoin is a new form of savings technology that solves the problem of how to store your wealth.

It's an ideal form of property to hold long term and increase your purchasing power over time.

It cannot be debased.
It can be bought and sold in tiny amounts.
It can be taken with you anywhere in the world.

And it has been the best performing asset over the past decade+

Quite simply: People who have chosen #Bitcoin as their primary savings vehicle have experienced large gains in purchasing power consistently over time.

[moon seed @moonseed16]

@Nica0992 It’s simple, he said, describing his complex

[moon seed @moonseed16]

@MrsLCJT2023 Lol, just had to note for the record, for the public, Madame, obviously you’re content, but that’s no reason anyone wanting your information should have to be restricted to your myopic view and expressive tension. Thanks for the learning, friend! 😂

[moon seed @moonseed16]

@SamManning92 @Nica0992 He’s so reliant on that auto-block feature shielding his brainwashed botlings from the readily available receipts.

[moon seed @moonseed16]

@EwwwAmberlyn36 @ThatUmbrella @hunleyeric That’s a fantastic feature!! Also, I’m very patient and eager for the iPhone app!

[moon seed @moonseed16]

@LDBlondePod She felt so plainly present, really. Listening to the daughters was such nervous system turmoil, which is what I can usually rely on Goop to spark in me, so it was a surprise to experience GP so grounding & believable & somehow finally relatable. She made sense.

[moon seed @moonseed16]

@EwwwAmberlyn36 Sometimes he looks just a guileless larper 😂

[moon seed @moonseed16]

@Paige814 “Looks like” because it’s still only ever about appearances for them.

[moon seed @moonseed16]

@enoughwithpervs Gross gross gross. He argues that he wasn’t trying to take advantage because while taking his advantage (again & again) he wanted his delusional creepy fantasies to come true, which he thinks absolves him because he wasn’t projecting fantasies of the hurt he actually caused.

[moon seed @moonseed16]

@IanRunkle Sensational

[moon seed @moonseed16]

@dragnauct That Freudian “I lie” of his is the only line that sings with meaning

[moon seed @moonseed16]

@freyjababy 🤣🤣

[moon seed @moonseed16]

@MonkeysInFlight @freyjababy @theedulib @BlackKnight10k @CEWCEWCW @IconicAmateur It’s strange how it doesn’t alert them sufficiently to properly investigate a man who consistently draws alarms. Instead they petulantly demand someone else attend to their personal & reactive dissonance.