Issue #37 of the Bitcoin Adoption Forecast is out Check your email and spam filters
Top Renewable Energy state Rajasthan facing 48% curtailment in peak hours That’s 48% of its electricity wasted by not mining bitcoin. image
Bitcoin Adoption Forecast newsletter #36 is out Check your email and spam filters * The Bitcoin Adoption Forecast is a paid sub monthly letter about the behind-the-scenes Bitcoin adoption story you won't read on Bitcoin twitter or in the media. I wrote it for people who want to help change Bitcoin history, rather than watch it. If that's you, please consider a sub. You can opt out at any time. This letter has now become a meaningful part of the reason I'm able to spend as much time doing Bitcoin advocacy work as I have. By subscribing, you're helping support this work. www.batcoinz.com/p/a-good-hard-kick-in-the-pants
* New podcast * Nik Bhatia and I discussed new research from Digital Assets Research Institute (www.da-ri.org) supported by HRF showing >329,000 refugees have traveled across borders carrying Bitcoin. We discuss how the report is helping change the way policymakers & regulators see Bitcoin YouTube: Fountain: Apple Podcast: Spotify:
Total Bitcoin ETF flows are currently at $55 Billion. To give an idea how tiny that is, Norway's Sovereign Pension Fund GPFG has $1.9Trillion AUM. When they act on Larry Fink's advice of a 3% allocation to Bitcoin, they will have $57Billion Bitcoin exposure, eclipsing the entire value of all EFTs cumulative into Bitcoin. image Once Sovereign Funds, Pension Funds and Family Offices start allocating in earnest, then the real needle-moving stuff starts happening on the financial side. We are still so early.
I've done three online sessions for friends and acquaintances interested in knowing more about bitcoin. Most of them now have bitcoin. I love getting messages like this from them: "Be more I study it the more I see it as a technology to assist in solving so many of the world's issues ... hence I'm at peace if it goes to zero as it's a vote for the people and planet and peace. I'm looking to start moving more of my time and energy into it. I want to be part of the solution."
Bitcoin has not been declared dead since Finance "journalist" Rafi Farber's hilarious eulogy in April 2024 We may need an obituary for Bitcoin obituaries. image
Some would intepret this chart as saying "use your smart phone less" I'd interpret it as saying "use your meditation cushion more" When you have a clear mind, you make better choices about where to spent time, and the smart phone naturally gets used less image
Why in almost 30 years has the world made very little progress towards the elimination of the environmentally harmfully practice of flaring? In a new article, I argue that at least part of the problem has been activist environmental organizations whose actions inadvertantly perpetuate the very practices they seek to end. Meanwhile, Bitcoin mining companies are making considerable (and largely unreported) strides towards ending the practice of flaring because they are the only group who has worked out how to do it profitably
Do we need a better example of why we should separate money from State? UK Govt thinking of trading its bitcoin for Pound sterling. Like living in Venezuela and trading USD for the BolΓ­var Imagine rushing to do get in on an asset that had lost 99.15% of its value since 2017 image