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#bitcoin ⚡️⛏ - Views are my own
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Jul 30, 2023 28 tweets 8 min read
"The US Government spends more on O&G than it does on Renewables!" cry the environmentalists.

Let's have a little dive into how true or untrue that is.

A little #energy thread

1/ Image 2/ I'll be referencing the above pictured study for this brief thread as I was commissioned The US Nuclear Energy Institute and presents and independent view of the historical data.
nei.org/CorporateSite/…
Jun 23, 2023 13 tweets 4 min read
I've read through all this so that I can highlight the lies and mistruths about #bitcoin

Not thought, it is decentralised.
Jun 22, 2023 4 tweets 1 min read
- Blackrock and Fidelity weren't filing spot ETFs in 2019
- Countries hadn't adopted legal #BTC tender laws in 2019
- NASDAQ wasn't opening #bitcoin exchanges in 2019
- Exchange reserves weren't dropping in 2019
- 1 million plebs weren't holding 1 BTC each in 2019
Jun 13, 2023 17 tweets 4 min read
Quick follow up to one of my previous threads on #bitcoin, energy use and Kardashev level societies.

Regarding the advantages of nuclear energy, such as its high energy density, lower pollution levels, and potential for greater reliability. Nuclear has the potential to be a significant contributor to our energy needs, and it is indeed considered a viable option
Jun 13, 2023 7 tweets 4 min read
The #bitcoin Energy Gravity model by Blockware solutions is an interesting take on the interplay between mining expenses, demand, and price

Here's a quick summary.

static1.squarespace.com/static/5de588a… The Blockware Intelligence Research Report focuses on the relationship between the price of Bitcoin and its mean operating cost of production. The report highlights the importance of this relationship in Bitcoin price cycles and the long-term monetization of the asset Image
Jun 13, 2023 13 tweets 5 min read
I read the @UN and @antonioguterres Common Agenda Policy Brief so you don't have to.

There are a lot of key words that they use when talking about the spread of 'information' online in Social Media and why they don't like it.

un.org/sites/un2.un.o… The stated purpose of this brief is to establish a framework that disallows dissenting opinions that do not fall within scientific consensus. We all know that facts, science and knowledge, when governed by a single body will always be the truth. Image
Apr 18, 2023 25 tweets 9 min read
I said I would do a #bitcoin / Societal Breakdown / Empire Collapse - Root Cause Analysis (RCA) and it got a little more complicated than expected.

Then, the interweave of our modern life IS complicated, so, not unexpected.

A thread 🧵 Image 1/ Some of the inspiration for this came from @saifedean and his book The Fiat Standard. I thought to use his chapters as prompts. I also looked to use @RayDalio and his Rise and Decline of Empires (as below). Image
Apr 15, 2023 26 tweets 9 min read
Energy use has become demonized by the MSM by association with carbon emissions.

Energy use is essential to our survival as a species. Let's do a quick look at how far behind the curve we are.

1/ 🧵

#bitcoin #energy #kardashev Credit: Chris Cold 2/ Proposed in 1964 by Soviet astronomer Nikolai Kardashev, the Kardashev Scale is a method of measuring a civilizations technological advancement based on the amount of energy it uses.

Extensions of this methodology are used but the major classifications are Type I to III Image
Apr 14, 2023 24 tweets 7 min read
#Bitcoin is a Walnut from Jupiter

Patience, virtue and a Plebeian uprising.

🧵 Image 1/ Walnuts are believed to be one of the oldest tree foods, dating back to around 7000 BC. Their Latin name, Juglans Regia, is derived from the name of the Roman god Jupiter and literally translates to ‘Nut of Jupiter’.
Dec 2, 2022 21 tweets 6 min read
Fiat feedback loops - Eating to destruction.

A brief #bitcoin related thread.🧵 Ouroboros, the world snake, Jörmungandr. The image of the snake eating it's own tail has been around for many thousands of years. It is the cycle of life and death, the samsara, the beginning and the end of time.
Nov 30, 2022 4 tweets 2 min read
Yield chasing is a fiat phenomenon specifically needed because of inflation. Without inflation we don't need yield. Gold doesn't generate cash flow or dividends. Image Golds' utility comes from its use in industrial processes + because it's pretty. #Bitcoin utility comes from being able to have finality of settlement, internationally, once every 10 minutes on an immutable and trustless ledger.
Nov 30, 2022 22 tweets 7 min read
Aristotle and Money - Commodity Theory of Money vs. Credit Theory of Money.

A brief #Bitcoin 🧵

@thetrocro thanks for making by brain hurt.
Nov 28, 2022 4 tweets 2 min read
CPI up 645% / 51yr = 12.6% average per year.
CPI up 29.1% / 10yr = 2.91% average per year.

Or have I made a huge embarrassing math error?

Epic fail. @KartikGadaATOM ImageImageImage The internet doesn't forget. Image
Nov 20, 2022 19 tweets 8 min read
"Yield is a fiat disease", or phrases similar are often spoken of in reference to #bitcoin. But what does that actually mean and what does it mean in a potential hyper-bitcoin world?

A rambling, off the cuff🧵 In a fiat world everyone chases yield. Enough return on their investments to beat the inflation rate (or debasement of the currency) Using USD and S&P 500 as an example in this instance. Average returns, re-invested in the Index has yielded 6.5% to 6.9% above inflation
Nov 20, 2022 18 tweets 6 min read
Weimar 2.0 Electric Boogaloo - What happens in Hapsburg, stays in Hapsburg.

#bitcoin related history

Tales in Hyper-Inflation Part 3: Vienna 1899 Parts #1 and #2 available here

threadreaderapp.com/user/wasrichno…
Nov 19, 2022 25 tweets 8 min read
Weimar 2.0 Electric Boogaloo - War, huh, what is it good for?

#bitcoin related 🧵

Tales in Hyper-Inflation Part 2: Part 1 here:

threadreaderapp.com/thread/1593525…
Nov 18, 2022 22 tweets 5 min read
Weimar 2.0 Electric Boogaloo - It's all just a little bit of history repeating.

Tales in Hyper-Inflation Part 1: Just before WWI in 1913, the German Mark, British Shilling and Italian lira were worth about the same. At the end of 1923 the Mark was dead, worth one-million-millionth of its former self. It took ten years to die.
Oct 11, 2022 15 tweets 4 min read
The concept of #Bitcoin is a self replicating thought virus living rent free in your head. It's a cultural unit, that can be transmitted from one mind to another through speech or text. It's a shared cultural experience.

meme (/miːm/ MEEM)

A brief thread 🧵 In the same way that a virus replicates and passes from host to host, ideas compete amongst other ideas in a form of cerebral warfare to sway your perceptions and opinions. When presented with someone else's memetic virus you can have your entire perception of reality altered.
Jul 31, 2022 18 tweets 5 min read
Milton Friedman would have been a Bitcoiner.

(Probably not but it makes for a snappy title)

A thread 🧵

Also, #bitcoin Inflation is always and everywhere a monetary phenomenon.

— Milton Friedman, 1963
Jul 29, 2022 19 tweets 5 min read
The Bland-Allison Act: Limping bimetallism in a Gold Standard age

A thread 🧵

Also #Bitcoin The Bland–Allison Act, also referred to as the Grand Bland Plan of 1878, was an act of United States Congress requiring the U.S. Treasury to buy a certain amount of silver and put it into circulation as silver dollars.
Jul 28, 2022 24 tweets 7 min read
The Panic of 1873: Your money is not money anymore (USA edition)

A Thread 🧵

Also, #bitcoin The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain.