How does Bitcoin fix the climate emergency ?
βReduction in Military
Responsible for 6% of all world emissions,
...the world's biggest polluter is generally funded by unlimited money printing. Ending the "money printer go Brrrr" cycle seriously curtails government ability to spend vast amounts on the military. This seems to be a very cosy relationship, & a major COβeq feed back loop.
Gov prints money
Gov buys Military
The Military buys LOTS of Fossil Fuels, hardware etc
Military burns vast amounts of FFs protecting Fossil fuel interests
FFs companies lobby Gov for more Military
Repeat
...the world's biggest polluter is generally funded by unlimited money printing. Ending the "money printer go Brrrr" cycle seriously curtails government ability to spend vast amounts on the military. This seems to be a very cosy relationship, & a major COβeq feed back loop.
Gov prints money
Gov buys Military
The Military buys LOTS of Fossil Fuels, hardware etc
Military burns vast amounts of FFs protecting Fossil fuel interests
FFs companies lobby Gov for more Military
Repeat
BITCOIN POWER CONSUMPTION.INFO
Bitcoin & Climate
A deep dive into Bitcoins climate impact looking at methane powered bitcoin mining, demand response load for renewables & the much deeper implicati...
