If you’re worried about the #Bitcoin network energy usage, here are some facts to lean on…

Factually it uses <1% of global energy.
As per the BlockCap report it uses much lesser than 1% of global energy, yet serving as the decentralized digital alternative to an inflationary & central banking based financial system.
Comparing national energy consumption to #Bitcoin network, the kind of energy it consumes is important to take into consideration…

Excess energy from hydro power, natural gas flares, geothermal energy. More energy is wasted in transmission losses than what’s used by Bitcoin.
Looking at just the US energy grid, there’s about 67% of wasted energy during the generation & transmission processes. If #Bitcoin network is tapping into those wasted energy sources like mining from old hydroelectric plants, mining from natural gas flares etc… it’s great.
Just about 34% of energy reaches the customer, tapping into mostly the wasted energy to secure the best open monetary network in the world is a great use of it I’d argue.
Truth. Gold mining, refining, storage, transportation, fiat & banking infrastructure, armored fleet, military/army/navy/Air Force and a bunch of other things are needed to secure the borders & sovereign currencies.

#Bitcoin energy should be compared to those combined 🤷‍♂️
Brian Brooks gives an apt & succinct description of #WhyBitcoinMining

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with 🌋🌋 Deep₿lueCrypto 🌋🌋

🌋🌋 Deep₿lueCrypto 🌋🌋 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @DeepBlueCrypto

Dec 25, 2024
Infographics are essential to convey information to people in the modern world.

A thread 🧵 #25 for your awareness👇 Image
Image
Read 56 tweets
Dec 15, 2024
Federal Reserve Act made it possible for taxation without representation and endless wars possible.

Federal Reserve is the biggest Ponzi scheme known to mankind and it’s still being operated like one.

A thread on central banks & the Fed👇

With Trump about to return, suddenly Janet Yellen thinks we “urgently” need to cut spending or risk a financial crisis.

She went from…

“everything is fine” ➡️

“Inflation is transitory” ➡️

“We can support both wars” ➡️

“Crisis… we need to cut spending now”

VERY QUICKLY 🤷‍♂️
Image
Read 28 tweets
Dec 14, 2024
Here are 10 arguments proving that climate change is a giant hoax to perpetuate the climate spending from innocent taxpayers:

1. Historical Climate Variability: Climate has always changed naturally over time, citing periods like the Medieval Warm Period or the Little Ice Age as evidence that current changes are within historical norms, not caused by human activity.

2. Inaccuracies in Climate Models: Climate models have failed to predict certain trends or events accurately, suggesting that these models might exaggerate the impact of CO2 or other greenhouse gases.

3. Urban Heat Island Effect: Temperature increases recorded in urban areas are due to more concrete and less vegetation, not global warming, thus skewing global temperature data.

4. Benefits of CO2: There's an argument that CO2 is beneficial for plant growth, essentially acting as plant food, which could lead to greener Earth and higher crop yields, countering negative effects.

5. Economic Motive for Climate Tax: The suggestion here is that the push for climate change action is more about creating a new tax revenue stream for governments rather than environmental protection. This tax, they claim, would disproportionately affect the poor and small businesses.

6. Manipulation of Data: Climate data has been manipulated or selectively reported to fit a narrative, like the "Climategate" controversy where emails suggested scientists might have withheld data or adjusted it to support their conclusions.

7. Natural Solar Cycles: Changes in solar activity, like sunspots or solar cycles, correlate more closely with Earth's temperature changes than CO2 levels do, suggesting solar influence over human influence.

8. Lack of Consensus: There's significant disagreement within the scientific community about the extent and cause of climate change.

9. Previous Doomsday Predictions: most of the past environmental predictions about population growth, resource depletion, or pollution that didn't materialize as predicted, suggesting current climate predictions might also be exaggerated or wrong.

10. Geopolitical Control: Climate change fears are used by global elites or organizations like the IMF, UN, WEF and WHO to push for more centralized control over national policies, economies, and personal behaviors through mechanisms like carbon credits or emission treaties.

A thread on Climate Change 👇Image
Read 14 tweets
Dec 12, 2024
Governments have made endless wars possible through Fiat money inflation. With nothing backing the money they print, all they need is lies and propaganda to start more wars and print more money to fix that’s destroyed.

It’s a never ending cycle…. Unless we stop it.

Argument for Taxation Enabling War:

1. Funding Mechanism: Taxation provides governments with the necessary funds to finance military operations. Without a steady income from taxes, nations would struggle to maintain standing armies, develop military technology, or sustain prolonged conflicts. Historical examples, like the British taxation of the American colonies to fund imperial wars, illustrate how tax revenues directly fuel military capabilities. The ability to tax gives states the financial muscle to engage in warfare, thereby making war not just possible but also more extensive and prolonged than it might otherwise be.

2. Public Support and Legitimacy: Taxation also serves as a tool for garnering public support or at least compliance for war efforts. When citizens pay taxes, they are indirectly invested in the state's ventures, including military actions. This financial contribution can be spun into a narrative of shared national interest or defense, legitimizing the war in the eyes of the populace. For instance, during wartime, governments might increase taxes or introduce war bonds, linking the financial burden directly to the war effort, thereby fostering a sense of collective responsibility and urgency.

Argument for War Leading to Increased Taxation:

1. Economic Strain and Recovery: Wars are immensely costly, draining national resources and often leading to economic downturns. Post-war recovery, rebuilding infrastructure, and providing for veterans require significant funds, which governments then seek through increased taxation. The aftermath of World War II, where many countries raised taxes to rebuild, exemplifies this cycle. War thus sets a precedent for higher future taxation to address the economic fallout from military conflict.

2. Military-Industrial Complex: War stimulates the military-industrial complex, creating a demand for continuous military spending. This spending, in turn, necessitates higher taxes to support an ever-growing defense budget. The cycle of war leading to more war can perpetuate a need for increased taxation to fund new military endeavors, technological advancements, and the maintenance of military bases worldwide. This was evident during the Cold War, where the arms race between superpowers led to significant tax increases to support military spending.

Both arguments highlight a symbiotic relationship where taxation and war feed into each other, creating a cycle of financial and military escalation.

A thread on corrupt governments👇Image
Image
Read 69 tweets
Dec 11, 2024
THERE IS NO MONEY IN HEALTHY PEOPLE

THERE IS NO MONEY IN DEAD PEOPLE

THERE IS MONEY RIGHT IN THE MIDDLE

A thread on corruption in big pharma, vaccine side effects and the medical industry👇 Image
That’s a daunting statistic

Makes you wonder if you need to go to an American doctor at all 🤷‍♂️ Image
Read 54 tweets
Nov 27, 2024
Childhood Vaccines
1983 = 10 vaccines
2013 = 32 vaccines
2022 = 74 vaccines

Autism Rates
1983 = 1 in 10,000
2013 = 1 in 88
2022 = 1 in 36
2025… estimates 1 in 2

A meme thread on vaccines and how the big pharmaceutical and the medical cartels have taken America hostage👇 Image
Image
Read 25 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(