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2023-05-29 21:53:38
This tweet is from a labelled parody account and is not content from a government official. [Link]
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2023-06-21 12:48:16
Bitcoin code is not wasteful and does not produce waste. Whilst giving financial freedom to underserved communities, the Bitcoin network secures over $560,000,000,000 of economic value for the world at less cost and greater energy efficiency than the banking system or gold. [Link]
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2023-08-15 10:31:12
Grid stabilisation is one of the key environmental positives of Bitcoin mining. Miners are paid to curtail. Implying that they only do it when asked politely is misleading, as it is a contractual obligation. More info on Bitcoin mining environmental positives: [Link]
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2023-10-24 14:19:53
Bitcoin uses less energy compared to many traditional industries. E.g. Bitcoin's annual energy consumption is 129.45 TWh, which is lower than the gold industry's 240.61 TWh and the traditional banking system's 638.88 TWh [Link]
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2024-01-10 15:00:56
The digital euro in fact does not (and can not) fulfil 3 of the 6 characteristics of money— durability (monetary debasement), scarcity (unlimited supply), and acceptability (limited regions of use). Bitcoin on the other hand fulfils all six characteristics of money. [Link]
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