an #OHMie trying to build the financial future and a #KLIMAte trying to save the planet
Apr 26, 2022 • 16 tweets • 3 min read
1. There have been a lot of discussions lately about greenwashing, the quality and utility of carbon credits and if it really helps the fight against #climatechange in anyway. Here 👇 is my take on this.
2. The lowering of CO2 emissions in the atmosphere is done in two ways - #1 Prevention of future CO2 emissions (indirect) and #2 Removal of CO2 (direct). Carbon credits are issued to individuals / entities who do either or both of these.
Feb 14, 2022 • 21 tweets • 4 min read
1/21 My first ever thread and it's about the recent $KLIMA price action (so called spiral of death)...A small brain's understanding of what's happening (ELI5)
TLDR: #KLIMAINFINITY would fix 2 missing pieces which'll generate demand and grow @KlimaDAO
2/21 The price of KLIMA is determined by the demand for it and the demand is determined by 1) its value (treasury) and 2) its utility. If either or both of them are below expectations, then the market demand drops and hence the price