Tip Profile picture
29 Sep, 21 tweets, 6 min read
If you still think #Bitcoin is bad for the environment, boy will your mind be blown in the next 2 minutes!

I remixed @jamie_jk and @SwanBitcoin's This Machine Greens (with a twist)!
Watch the excellent documentary "This Machine Greens" on Youtube:
"If you look at the Petrodollar fundamentally it's really backed by the US military. And the US military burns 4.8 billion gallons of fuel a year."

@Excellion on This Machine Greens
"The US made a deal with Saudi Aradia. The global oil market will be conducted with dollars, ensuring a constant global demand for the currency."

@jamie_jk's This Machine Greens
"On the American side we agreed to protect the Saudis and sell them an inordinate amount of weapons. This created a massive new overhead for the US dollar."

@jamie_jk's This Machine Greens
What you witnessed is real damage from the almighty dollar
Educate don't speculate from what paid media tells ya
Hi I'm Tip, you must be privileged, let me put things in perspective
Did you know Bitcoin's energy usage is less than Christmas decoratives?
You think fighting oppression isn't as pretty as your xmas lights?
Fair chance to build wealth isn't as useful as your xmas lights?
Ethical money isn't as magic as your xmas lights?

Or have you forgotten how to stand up for your human rights?
Bankers and kings debase currency with no exceptions
Incorruptible money takes them out of the equation
Money printing for bailouts is a constant temptation
Moral hazard reversed robinhood for misappropriation
Money that holds value needs unforgeable costliness
Capped supply ensures value for long term future consumption
Like how shell belts and gold refines with time and energy
This proof of work is why #Bitcoin is mined, electronically
Supply unlocks with problems solved computationally
Which means the network can adapt with interchangeable utility
Free market agents seek to max profitability
Securing network from attacks all simultaneously
"The cleanest types of energy are also the lowest cost types of energy because they're the most efficient types of energy."

@LynAldenContact on This Machine Greens
"[#Bitcoin miners] have been shifting towards renewables because it makes economic sense."

@Crypto_Mags on This Machine Greens
"More than 2/3 of the energy produced in the world is waste energy. A lot of the energy that the #Bitcoin network is consuming is waste energy."

@CaitlinLong_ on This Machine Greens
"We need to advance ourselves as a species to be better at energy production and transportation."

@Excellion on This Machine Greens
"[#Bitcoin mining] is derisking construction of renewable energy facilities because it's willing to buy 24/7, 365 and that certainty means that the site gets built."

@Crypto_Mags on This Machine Greens
#Bitcoin is essentially a currency of energy and work put into the blockchain is the arbiter of truth.

@LynAldenContact on This Machine Greens
"#Bitcoin has the potential to render obsolete what may be the least environmentally friendly institution of all time - the Petrodollar."

@jamie_jk's This Machine Greens

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More from @tip_nz

4 Oct
"One man who stopped lying could bring down a tyranny."

Aleksandr Solzhenitsyn
"Totalitarianism at its essence is an attempt to transform reality into fiction."

Hannah Arendt
Lies have always been used in politics to cover up corruption and hide motives. In Nazi Germy, it was the idea of a superior race. In Soviet Union it was the belief state communism could work. Big lies lead to a stream of endless little lies which forms the pillars of State.
Read 12 tweets

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