https://cryptopotato.com/el-salvador-mined-its-first-bitcoin-using-volcanic-energy/
There has been a lot of the FUD on bitcoin not being "green" because it uses so much energy, even spread by the likes of Elon Musk. Let me wholeheartedly disagree. What motivates the use of mining rigs and where to locate them? The lowest cost of energy. And, one of the great things of bitcoin is that it can rescue stranded energy, that would otherwise be wasted.
Sure some of it may be powered by coal and gas for now, but, what is the alternative? Printing of money and the financial services energy needs to be compared as a whole to the cost of the network support of bitcoin. Which do you think is less?
Here we have El Salvadore showing us the way. Peter Schiff always goes on about how bitcoin is based on nothing, holds nothing, will go back to nothing. He quite rightly states that the definition of "money" includes a store of value. That's why he always goes back to gold and silver, as they have industrial uses apart from being nice to collect.
Well, Peter, here it is. Bitcoin's store of value is energy. Energy that would have been wasted had it not minted the bitcoin. Energy that can be created anywhere. Energy that now is transferable around the world. Yes, gold is a great store of value, but more as an insurance, and bitcoin is the new money that will transform everything.... dragging the late adopters kicking and screaming all the way!
Trying out something new, a video message.
Also to back this up is a good article from Glen Greenwald about how our capacity to reason diminishes during the highly charged climate surrounding a war and war propaganda from BOTH sides.
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Michael Saylor shared something recently that may have gone unnoticed by most.... he said it in an interview with Tom Bilyeu recently.... here is the clip:
https://x.com/TheBTCTherapist/status/1869507247526793481
MICHAEL SAYLOR: The first nation to print their own currency to buy Bitcoin wins.
Paul from invest answers then also put together the fact that MSTR is applying to issue more stock to buy more BTC.... is that the same thing? Basically, people will be using fiat to buy stock that will be used to purchase BTC. But the BTC supply is limited.... so get your MSTR (or your BTC) soon! (NOT financial advice....)
But this is not what Satoshi's original 2008 whitepaper (https://bitcoin.org/en/bitcoin-paper) had in mind when it developed Bitcoin, it was suppose to be a peer to peer cashless transaction system, right?
Roger Ver thinks so, and wrote a book about it called Hijacking Bitcoin. This video is a summary of that book ...
Why Doug Casey and Anton Wahlman are wrong about the upcoming election.
Let start by reading and listening to what they have to say:
https://antonwahlman.substack.com/p/america-is-now-a-socialist-country
After reading the blog post on Hersey and Liberty, and as we see in the video from Doug Casey on why they think America is doomed to vote in "Commie-La", I think they have missed the bigger picture on the American electorate and what is driving the upcoming election.
Going through history, the three things that are the biggest motivations for the motivation to "Throw the bums out" are;
1. It's the Economy, stupid
2. How safe am I now?
3. Foreign Wars
Maybe the 2nd and 3rd reasons are intertwined, but this is the main three. And Commie-La, as much as she may try to run against the current administration, people know, she is part of the machine in power. With all three of these big picture items against her, the chances she pulls this off are extremely low.
Doug and Anton are reacting to a ...
I liked this article on Substack, and of particular interest is the video from Richard Nixon. Oh if we could only go back and know then what we know now.
https://antonwahlman.substack.com/p/putin-to-tucker-nato-provoked-the
