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image BezosยดYacht produces an astounding minimum of 7,154 tons of greenhouse gasses annually โ€” roughly 447 times the entire annual carbon footprint of your average American, the Indiana researchers found. He pledges US$ 10 billion to HIS Bezos Earth Fund not because he wants to do something for the environment but for tax efficiency reasons and to leverage his investments in key sectors which will benefit from Climate Change narrative/policies, just like Gates does for his Pharma stakes. They have a vested interest in issues like climate change and carbon emissions, vaccines and health, that's why publicly, they are very vocal about that but privately they do not give a shit and do as they please, while you will be forced to travel less, should eat less meat, move in a 15min city prison, do that with a health pass etc thanks to the regulations they will force upon you. He should invest some money in renewable #bitcoin mining and he would do good for the environment and make the world a better place.
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@preston makes a good argument about the largest #bitcoin supply being in strong hands and likely not made available to ETFs to enable the suppression of #bitcoin price for a long time like it happens with #gold. However, short term price manipulations can be still used to deter or delay adoption. Relatively little supply can be thrown to the market at any single moment to dump the price and a Blackrock ETF could do that easily. This can substantially achieve the same effects as if controlling the market. The second point to consider, which is very important, is that any such financial derivative product will deter the interested party from adopting the self-custodial bearer asset because opting for the financial derivative is the easier path for a beginner. Therefore, this will dilute the demand and still indirectly suppress the price of #bitcoin. I stick to my view that bitcoin financialization is a net negative because it means: 1. Diluted demand for the real bitcoin, the non-custodial, bearer, decentralized, censorship resistant asset. Money will rather flow into the black hole of fiat financial custodians. Anyone FTX & Co.? 2. Discourages self-custody and financial responsibility. You are not your own bank. You are not financially independent. In the long term this means they will be able to control the price like they did with gold. Paper gold claims are estimated at 1000times more than physical ounces. See how this has successfully capped the gold price. 3. Discourages learning about Bitcoin and becoming financially literate. 4. It is very risky. You will buy nothing else than counterparty risk. You will own nothing but a claim on a claim. Blackrock holds its bitcoin in a non-custodial wallet held by Coinbase. Therefore you have 2 counterparty risks and NO bitcoins: shares of the Blackrock ETF and IOU on the Coinbase account. 5. Censorship resistance is gone and the intermediaries can easily enforce third party claims or government/judicial dictats on your "paper" bitcoin claim via the intermediaries. 6. It encourages speculation, manipulation and discourages true adoption (i.e bitcoin real time monetization). I explain very clearly in the articles below why I do not believe in "Santa Blackrock". PART I PART II
Jews and Palestinians killed since 2000 image Both sides Children killed since 2000 image
"The world's richest 1 percent emit about the same amount of carbon as the world's poorest two-thirds, according to an analysis from the nonprofit Oxfam International." The Climate Change narrative serves to: - transfer wealth from your pockets to theirs: EVs, ESG stocks, energy price speculation, etc - control where you are going and limit your freedom to move: future personal carbon footprint limits in your Digital ID wallet part of the Social Credit system. EVs are just like mobile phones, they are surveillance tools except that they can be remotely shut off when you reach your limit allowance on carbon credits or your 15min City Limit. - make you poorer
Escobar: Gaza - A Pause Before The Storm
In the light of todayยดs problem with @Wallet of Satoshi that happened yesterday. I DRAW YOUR ATTENTION TO IT BECAUSE BITCOIN CENSORSHIP RESISTANCE IS FAR MORE IMPORTANT. BUT NO ONE SEEMS CONCERNED RIGHT? NO REACTIONS???? #bitcoin
image Soon coming to your city. The EU is doomed because it is in the grip of a totalitarian bureaucratic elite fully controlled and fed by dogmatic Oligarchs (mostly Jews like Soros) who think that open borders and mass immigration of unqualified people will finally reduce the risk of nationalization which was historically the biggest threat for Zionist Jews. You see, now Jews can feel safe because you have another enemy to fight with, the mainly Muslim immigrants, while the Jewish elite can freely pick your pockets while you look the other side and continue feeding the EU bureaucrats. Do what I did, get your #bitcoin and leave for good. Here I tell you how I did it