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Aug 14, 2021 • 5 tweets • 3 min read
Our columnist and expert data analyst @FriarHass has compiled another #Bitcoin energy use FUD buster.
Run the numbers: Bitcoin’s carbon emissions would be just a rounding error compared to the construction, transportation or healthcare industries.
“The main takeaway should be that #Bitcoin is a rounding error in the global scheme of things, and from a carbon-intensity point of view, has significantly less emissions per kilowatt than finance, construction, healthcare, industry or the military.”
In her latest report, mining insider @willms_ investigated #Bitcoin’s major shakeups happening at @BITMAINtech ahead of #Bitcoin’s most highly-anticipated IPO.
“[#Bitcoin] miners are looking at public markets as a way to get access to robust capital markets to fuel their growth... Public vehicles are the best way to grow a mega mining company.” - @ethan_vera, COO at @LuxorTechTeam
Aug 2, 2021 • 7 tweets • 5 min read
In his latest column, @AnselLindner breaks down the latest #Bitcoin price rally, offering insight on how macro factors set the stage.
“The bitcoin price rallied last week, but the move did not come out of the blue… The charts had been signaling a move was coming.”
@AnselLindner The article takes a close look at the largest trends impacting the #Bitcoin market and offers analysis of what investors should be taking away from:
-Chinese mining ban
-Grayscale Bitcoin Trust release schedule
-Taproot
-The rest of 2021 ahead
"Eventually, fiat will come into bitcoin in such astronomical quantities, that fiat will cease to exist."
@FriarHass explains how Bitcoin's auto DCA army will inevitably hold all BTC through attrition, driving the price toward $1 million and beyond.
bitcoinmagazine.com/markets/dca-ar…@FriarHass "You can rationalize that today’s 'stable' price of $30,000 as a mere 2.7 million people migrating $10 worth per day, or 0.085% of the global workforce.
"After the next halving in 2024, this will double to $1,555,555.55."
Jun 17, 2021 • 5 tweets • 4 min read
@elonmusk@jespow "The Cambridge Centre For Alternative Finance estimates that 76% of all miners use renewable energies as part of their mix. CoinShares estimates that total share of renewables may even be as high as 73%."
Breaking down Elon Musk’s misunderstandings about #Bitcoin
[THREAD]
76% of all miners use renewable energies as part of their mix, with between 29% and 39% of all energy used coming from renewables, based on industry data from the world’s largest miners and mining pools. CoinShares estimates that total share of renewables may be as high as 73%.
May 9, 2021 • 8 tweets • 4 min read
Bitcoin has been consolidating around the $1 trillion market cap threshold for almost three months.
What’s happening behind the scenes, and how should investors be thinking about the recent price action of bitcoin?
[THREAD]
Long-term hodlers are accumulating.
Over the last 30 days HODLers have accumulated 93,638 BTC more than they have sold. The conviction of bitcoiners is not the least bit shaken, & they are viewing the period of price consolidation as a stacking opportunity.
May 6, 2021 • 7 tweets • 3 min read
What is money?
The below list are the defining characteristics that make up for a stable and dependable monetary good:
Inflation and wealth destruction.
"The truth is the wealth you’ve accrued in state-issued currency is losing its value every single year. Every single year...Inflation is a monetary phenomenon, not a price phenomenon."
Dec 8, 2020 • 24 tweets • 11 min read
Bitcoin Magazine presents the Top 21 Bitcoin Projects in 2020!
This year may go down as the most bullish in Bitcoin history thanks to an assortment of projects led by teams from around the world dedicated to making bitcoin the standard.
On October 31, 2008, Satoshi Nakamoto released “Bitcoin: A Peer-to-Peer Electronic Cash System,” the technical vision for a “purely peer-to-peer version of electronic cash” that would become the preeminent cryptocurrency and blockchain.
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As the growth of Bitcoin has proven, the need for a P2P, electronic version of cash was much needed then and has become even more important today. What better time than this anniversary to revisit this seminal document?
The U.S. Presidential Election is looming and we want you to join our watch party! We'll be hosting Marbles and election commentary over on our Twitch channel (twitch.tv/bitcoin) on November 3 starting at 7:00 pm ET. Mark your calendars and stay tuned for updates!
Throughout the stream, we're trying to give away 10,000,000 sats! We've teamed up with @earncarrot to reward our audience for their election hot takes, predictions and content.
First up, we're calling for your dankest election memes! Learn more here:
.@stephanlivera did a wonderful podcast with the legendary @goddersbloom, and we wanted to highlight some of our favorite quotes from it.
Thread 👇
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"When governments use words like great reset, they're going to steal all your money."
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Oct 7, 2020 • 5 tweets • 4 min read
Macro Update! Bitcoin Winning Against Governments - Fed Watch 26
This week @ck_SNARKs and @AnselLindner recap prior guests, discuss recent Federal Reserve quiet, the ECB digital Euro study and trademarking of the term, and dive in deeply into the @Bitmex, Bitcoin, & @Tether.
Helpful Link:
Today commemorates an important day in the #Bitcoin community where on August 1st, 2017, users decided to claim control over the network. We've compiled a thread of @AaronvanW's coverage on the event dating back to May 2017👇#UASF#No2X
May 24th, 2017 — Spearheaded by @barrysilbert's DCG, over 50 companies signed and published a “Bitcoin Scaling Agreement” on Medium. [It] intends to put an end to Bitcoin’s long-lasting scaling debate.