@Jason Jason, you’ve watched Bitcoin grow since 2011. It’s now a $1.6 trillion success and the world’s most valuable digital asset. Digital Capital is the killer app. Preserving wealth across generations is a bigger ambition than entertaining a dinner party. The orange tie stays.
After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today.
I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby.
It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC.
May God bless America.
It’s going unnoticed because so much other news is happening, but the war drums are beating again in D.C. The warmongers worry this is their last chance to get the white whale they’ve been chasing for thirty years, an all-out regime change war against Iran.
A new Middle East war would be a catastrophic mistake. Our military stockpiles are depleted from three years of backing Ukraine. Our effort to reshore manufacturing has only just begun and will take years to bear fruit. War would worsen our already immense deficit and national debt. Iran is larger than Iraq, Syria, and Afghanistan combined. A war would not be easy and could easily become a calamity.
Thanks to President Trump’s restraint during his first term, America has a golden opportunity to pull away from Middle East quagmires for good. We shouldn’t throw that opportunity away so that sone D.C. has-beens can feel tough by sending young Americans to die yet again.
@BillAckman@realDonaldTrump Says the man loaded up on Freddie and Fannie stock hoping the president sacrifices taxpayers and the economy to provide him with an exit strategy.
@KimDotcom The Luxembourg statistics are misleading as it’s through Clearstream which acts as CSD (central securities depository). So those statistics show in which country the bonds are legally held, not where the real investor is
A little known truth:
Since 2023, there have been 17 peer reviewed papers on Bitcoin & Energy. 15 concluded that Bitcoin mining supported climate action and UN Sustainable development goals while stabilizing grids and accelerating the energy transition.
The early misunderstandings (and misinformation) which accompany any disruptive technology are giving way to data-driven understanding
Here are the 15 studies:
1. How Bitcoin Can Support Renewable Energy Development & Climate Action
https://t.co/TCskbMWkpT
Findings
Bitcoin mining helps renewable developers generate more profits, accelerating the renewable transition
2. Bitcoin’s Carbon Footprint Revisited
https://t.co/RDGFNPcVLm
Findings
[our research finding support] "a possible role for Bitcoin mining in promoting grid decarbonization" through effective demand response
3. Promoting rigor in blockchain energy and environmental footprint research https://t.co/3RCxig1bza
Findings
Reveals fundamental flaws in the work of Alex de Vries/Digiconomist (heavily quoted by mainstream media)
4. Bitcoin and Its Energy, Environmental & Social Impacts
https://t.co/A9xhDeWRT8
Findings
There is "transformative potential in the Bitcoin mining sector, especially regarding demand response, grid flexibility, and methane mitigation"
5. Drivers of Bitcoin Energy Use and Emissions Hass McCook
https://t.co/dcWJRkBxnS
Finding
Bitcoin mining's emissions has likely already peaked and is now trending downwards
6. Pairing crypto mining with green hydrogen offers clean energy boost https://t.co/DfcHXEoa1e
Finding
Bitcoin mining with green hydrogen makes wind farms 73% more profitable
7. Can bitcoin mining increase renewable capacity? https://t.co/yZ5PfpngUs
Findings
* Bitcoin mining can increase renewable energy penetration and obviates need for gas peaker plants.
* "When Bitcoin miners provide ... demand response, their emissions impact is largely mitigated."
8. Cryptocurrency mining as a novel virtual energy storage system in islanded and grid-connected microgrids https://t.co/GwKPMAQKZv…
Findings
Microgrids (MGs) not using Bitcoin Mining waste significant renewable energy. However using Bitcoin mining
* stops almost all renewable waste* reduces MG costs by 46%
* accelerates MG development
* decarbonizes power production
9. High resolution modelling and analysis of cryptocurrency mining’s impact on power grids: Carbon footprint, reliability, and electricity price https://t.co/P8uVt9IaVr
Findings
Bitcoin mining's flexibility increases both grid reliability & stability
10. An integrated landfill gas-to-energy and Bitcoin mining framework https://t.co/f5d7PpiWcg
Findings
Bitcoin mining can profitably reduce landfill methane
11. Renewable energy and cryptocurrency: A dual approach to economic viability and environmental sustainability
https://t.co/3zb48tyvIG
Findings
* Bitcoin mining reduces the ROI from 8.1yrs to 3.7yrs while reducing CO2 emissions by 50,000 tonnes/year on a typical 50MW solar farm
* PoS blockchains (such as Ethereum) can not offer these features
* Profits from Bitcoin mining using renewable generation help accelerate the energy transition
12. Can bitcoin mining empower energy transition and fuel sustainable development goals in the US? https://t.co/FtXyKPXb2z
Findings
* Bitcoin mining with renewable energy is profitable in 96% of cases
* Bitcoin mining is more consistently profitable than chemical-based utilization (hydrogen, ammonia, methanol)
* "Profits from bitcoin mining can empower energy transition"
13. The Relationship between Biomass & Bitcoin https://t.co/MmgSu8MZTL
Findings
* "Bitcoin [can] accelerate the UN's Sustainable Development Goals”
* Bitcoin mining provides a way to make often economically unviable bio-refineries profitable
14. Can Climate Change be Mitigated through Green Hydrogen Coupled with Crypto?
https://t.co/wE007MZHNk
Findings
Pairing Bitcoin mining and Green Hydrogen can
* Accelerate the buildout of solar and windfarms
* Boost direct air capture technologies, capturing >7.4 t CO2e per Bitcoin
15. Rethinking bitcoin's energy use through sustainable digital business models and resources monetization
https://t.co/pm4LLzAXfV
Findings:
* BTC mining can "promote cleaner energy use and reduce the carbon footprint of energy production"
* By using renewable or stranded sources, Bitcoin mining aligns “economic incentives with sustainability goals"
What did removing Saddam, Gaddafi, Assad get us? Chaos, civil war, genocide.
The rule for regime change operations in the Middle East is that they don’t flip a country from bad-to-good. They flip a country from bad-to-worse.
@BillAckman@DavidSacks What leads you to assume Russia wants to take Eastern Europe? Those are stories made up by your own people to justify the proxy war. Russia was willing to cut a deal quite early but the US pressured Ukraine (who wanted to accept) to not accept. This story is not one sided.
@BitcoinErrorLog@nayibbukele I have no idea, but he seemed to have quite a friendly meeting with Marco Rubio. Maybe Rubio told him to not worry about the IMF as the US dominates the IMF basically.