I wrote my first computer program on paper, in a jail cell, after learning basic concepts from a tattered book I found. When it comes to achieving things in life, there is one truism: the only person standing between you and what you want is the one staring at you in the mirror. I became a libertarian at 22, shortly after I walked out of incarceration in a paper suit. I remember the day I was free, looking up in the sky for the first time in a long while; it was so blue. That was the beginning of my respect for others, and myself. Before that, I was lost

🧵 Thread debunking the fallacious Bitcoin energy narrative peddled by low-information people and biased media outlets:

1. Bitcoin uses ~0.5% of electricity

>>> Most stop here. Yikes 🤦‍♂️

2. Electricity ≠ emissions, in fact, all electricity generation = just 27% of emissions

https://twitter.com/nytimes/status/1433893133771804691

3. You might calc 27 * 0.005 and conclude Bitcoin = 0.135% of emissions, but there's more to it:

4. Bitcoin uses a 3x greener electricity mix than grid-avg, so adjusting for that (0.135% / 3) Bitcoin would appear to generate 0.045% of emissions, but nope, still more to consider:

I'm DYING folks 🤣

The World Bank just mockingly refused to help El Salvador w/ its Bitcoin acceptance implementation...but now there's a plot twist: their own 1944 charter requires them to accept the legal tenders of member countries, so World Bank *itself* MUST accept Bitcoin ...but it gets better: the World Bank charter also says if a member country's legal tender appreciates against a currency benchmark (e.g. USD), WB must pay the member the offset of the gains, and for losses must take delivery of more of their tender (take in more Bitcoin) 🤣🤣🤣

"Why is Bitcoin so volatile?": the last organically bootstrapped Store of Value, gold, was discovered ~6,000 years ago and spent ~2,000 years as jewelry before its volatility stabilized across people groups. Organically bootstrapped SoVs are inherently volatile at inception. 1/3 Unlike fiat $, organically bootstrapped SoVs start w/ a tiny holder base & low velocity/market cap, driving high volatility. As the holder base grows, and velocity, mkt cap, & other factors rise, volatility recedes. This is exactly how you'd expect Bitcoin to look 12 yrs in. 2/3

The entire Bitcoin network uses 4x less energy than clothes dryers. Here are the numbers for *just the US*:

- 130M US households
- Avg household uses 12,000 KWh/yr (EPA)
- Dryers are 6% of household energy use (EPA) = 720 KWh/yr
- 720 KWh * 130M = 93.6 TWh
- Bitcoin uses ~90 TWh

https://twitter.com/elonmusk/status/1392602041025843203

Clothes dryers are a *pure waste activity* — unlike securing the labor value of hundreds of millions of people, as Bitcoin does for 1/4 of the energy — because clothes dryers can be almost entirely replaced by simply <checks notes> waiting longer for evaporation to do it for free

Bitcoin uses less energy than clothes dryers, yet you don't see all these disingenuous hypocrites talking about how they can Save The Planet™ by simply hanging up their clothes and waiting a bit longer; they wouldn't dare subject themselves to the indignity of mild inconvenience (reposting the math here, for ref)

- There are 130M US households
- An avg household uses 12000 KWh / yr (EPA)
- Dryers are 6% of household energy consumption (EPA), which = 720 KWh / yr
- 720 KWh * 130M = 93.6 TWh
- Bitcoin uses 70-120 TWh (estimates vary)

^ that's just the US

Let's talk about the future of 'serverless' apps:

There's growing excitement among devs about writing backend code via 'serverless' provider services. While it's definitely cool to run backend code w/ less management hassle, is that the best 'serverless' approach we can muster? I think we can do better: a large % of apps could ditch backend code altogether, if only there was a standard/common way to store their app's data with users, automatically persistent their app's data across devices/infra, and CRUD/query it just as they would any other backend.