⚡️level39@getalby.com
- Tweets 8,847
- Following 623
- Followers 21,109
- Likes 21,452
🧵THREAD: As energy grids adopt a greater percentage of intermittent renewables, more power must be absorbed by demand response loads. Prices act as signals help balance the grid, #Bitcoin mining profitability responds like noise cancellation technology. /1
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🧵 1) MicroStrategy is poised to become the Standard Oil of the digital age. Let's take a closer look at how Michael @saylor is refining new Bitcoin financial products in the same way John D. Rockefeller did with petroleum, when few understood the practical uses of crude oil.
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To save the planet, @SenWarren will focus her attention on #Bitcoin's environmental impact
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If only you knew the magnificence of #Bitcoin then you would have a key to the universe. —Nikola Tesla
21 Million coins:
2 + 1 + 0 + 0 + 0 + 0 + 0 + 0 = 3
33 Halvings:
3 + 3 = 6
Difficulty adjusts every 2016 blocks:
2 + 0 + 1 + 6 = 9
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Watch as @ProfHilaryAllen misinforms @SenatorMenendez by erroneously claiming that #Bitcoin could be changed by fewer than 10 core developers and miner support. This is false. User nodes can, and have, overruled such power grabs, as proven in "The Blocksize War" circa 2015-17.
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1) Evidence is mounting that @nytimes @nytgraphics allegedly manipulated photos and videos, to make #Bitcoin mining locales to appear polluted and smog-filled. Watch as the same pinched color profiles appear on every single one of the videos and images in the story.
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🧵1) Josh Mandell's mind-blowing Bitcoin strategy is inextricably linked to Nikola Tesla's observations of energy, frequency and vibration. As Nikola Tesla once said, “If only you knew the magnificence of the 3, 6 and 9, then you would have a key to the Universe.” 👇
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The Pyramid of #Ethereum. Ethereum is not decentralized. It has a pyramidal ruling class and can never be considered a neutral currency.
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Just going to put this out there. @thevonwong is a pretty cool dude. Was just an artist hired by a corrupt organization for a gig. The truth is that he's actually interested in #Bitcoin. And honestly, his artwork is pretty awesome.
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🧵 1) Why are environmental activists and climate policy advocates changing their minds about #Bitcoin? The answer is that Bitcoin is what is known as a "counterintuitive solution." Let's find out why.
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1) 🧵 The craziest thing about the @nytimes anti-#Bitcoin mining article, is that the author @gabrieldance spent 6 months figuring out how to tell readers that Demand Response programs, enthusiastically endorsed by the USDOE (and previously the NYT), is... bad? Let's take a look.
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🧵 1/ For years, Michael @saylor has been giving away his long term business plan, through cryptic parables of "Digital Energy" and a "Magic Hotel," but few have understood them. MicroStrategy's business plan appears to be much bigger than people realize. Let's find out why👇
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If @BillAckman graciously accepts Michael @saylor’s invitation to learn about Bitcoin, here’s a preview of the revelation he’ll experience, in real time.
BITCOINALLCAPS
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Bitcoin mines are increasing energy bills for millions of American families while enriching crypto executives — and causing as much pollution as an additional 3.5 million gas-powered cars. An alarming @nytimes report.
nytimes.com/2023/04/09/busin…
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Media outlets precisely coordinated the release of their hyperbolic #Bitcoin energy articles at *exactly 11AM EDT* — within minutes of @_BenjaminAJones's ridiculous paper being published.
This is Pope-level media coordination for [checks notes] 0.1% of global emissions.🤨
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1) Here is actor @ben_mckenzie, testifying before @SenateBanking—with zero expertise on energy markets, Demand Response or mining—that #Bitcoin mining is "bad," raises energy prices for all consumers and that residents are "upset." Let's unpack why all of these points are wrong.
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🧵THREAD: Instead of shamefully promoting pyramidal yield-chasing custodial schemes, to separate savers from their #Bitcoin, VCs could have invested in energy innovation through Bitcoin mining.
Here are some examples of innovators who are changing the world for the better. 1/
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THREAD: In 1900, Nikola Tesla predicted intelligent machines, with minds, that compete against each other for a "maximum rate of energy-delivery" which would end wars and bloodshed, and bring about global peace.
Tesla predicted #Bitcoin Proof of Work mining.
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f you believed the #MH370 videos documented by @ashtonforbes were debunked by 1990s stock VFX footage, you've been misled. Here's proof that nearly-identical blast patterns are found everywhere from shockwaves to supernovae. 👀 @JonesDanny @CorridorDigital @juliandorey @MickWest
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THREAD: How will #Bitcoin promote human flourishing and decarbonization for 1 Billion people? By turning Earth's oceans into a giant solar panel, through 19th-century Ocean Thermal Energy Conversion (OTEC) technology, that has been stymied by economies of scale. 1/
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🧵THREAD: 1) Heat from #Bitcoin ASICs can be used for "ouroborosesque heat reintegration" to boost the performance of heat engines and thermal processes. It may hold the secret to supercharging economic energy innovation.
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🧵1) Those who see #Bitcoin halvenings as a threat to its security budget are bearish on human ingenuity. Proof of Work will incentivize humanity to scavenge waste energy and curb emissions. Let's examine a stymied energy & carbon capture technology that Bitcoin can help revive
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🧵 1) Did you know that prior to 2020 @TheDemocrats and environmentalists were the most enthusiastic supporters of Demand Response technology for "Smart Grids"? Today, Biden and Dems are maligning Demand Response, in order to attack #Bitcoin.
Let's go back in time and see. 👇
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#Bitcoin Energy FUD isn't about environmentalism, it's a money-making scheme where academia is leveraged to stoke outrage and promote centralized altcoins for profit.
The Questionable Ethics of Bitcoin ESG Junk Science
bitcoinmagazine.com/business…
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Today we flip the environmental narrative on #Bitcoin to a vision of human flourishing and energy abundance on a planetary scale, with reliable base load 🌊ocean thermal energy (OTEC) for 1 billion people
Only ₿ can make the economics work.👇
bitcoinmagazine.com/business…
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1/ Stop trusting centralized app stores that can censor your #Bitcoin app at any moment. Progressive Web Apps (PWAs) are unstoppable, universal, lightweight and can be installed on any phone by simply adding them to your Home Screen. It's this easy. Let's learn more about them.
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(THREAD) As the popularity of #Bitcoin rises, so does the scrutiny over its energy consumption and climate footprint. ₿’s transparent on-chain data makes it an easy target for intellectually lazy/dishonest climate narratives. Let’s take a closer look at what critics are missing.
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[THREAD] Ever wonder how the Ethereum Foundation can run Ethereum like a software company and centrally navigate its decade-long roadmap? Its secret sauce is the Difficulty Bomb💣, which coerces both miners and users into "official" upgrades. Let’s take a look at how it works. /1
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It's 2022. If you are a witness before @SenateBanking and don't understand how Bitcoin works, or what happened during The Blocksize War, you have no business being there or being called as an expert.
1/ Want to know who controls Bitcoin?
Read "The Blocksize War" by Jonathan Bier.
This should be *required reading* for any journalist or scholar writing about Bitcoin.
🧵 on some of my favorite insights:
amazon.com/dp/B08YQMC2WM
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🧵1) THREAD: Dear @ahcastor. Your article gets so many things wrong about #Bitcoin that it's any wonder @techreview published it, unless misinformation was the goal. Let's go through the issues, one-by-one.
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🧵The claim that moving to Proof of Stake reduces energy consumption by 99.95% is a myth. Security budgets are energy budgets, whether they purchase energy for machines or humans that run social governance. 1/ bitcoinmagazine.com/culture/…
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🧵1) If #Bitcoin is the foundation for a revolutionary form of cybersecurity, would humanity recognize it? Can Bitcoins in wallets act like transistors in a planetary scale computer? Let's examine @JasonPLowery's thesis and why he believes Bitcoin may be far more than money. 👇
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All anti-#Bitcoin propaganda can be traced back to centralized institutions that view Bitcoin as a threat to their existence.
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1) Ripple isn't a commodity to be stockpiled. Ripple is what is known as a "Differentiated Product" — centrally controlled by Ripple Labs by its own tailored consensus, trademark and logo — much like the centralized administrators of "Champagne" or "Kleenex." Here's why…🧵👇
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With all due respect, Senator, "obscene" amounts of electricity must be absorbed by demand response loads on power grids with more renewable power. Prices act as signals to help balance the grid, like noise cancellation headsets.
#Bitcoin is the holy grail of demand response.
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2021 @jimcramer: "The ONLY way you can protect your assets... is with #Bitcoin!"
2024 @jimcramer: "What has Bitcoin ever done for mankind?"
🤔 What changed?
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Proof-of-Stake is not a substitute for Proof-of-Work.
Only #Bitcoin can free you from monetary repression.
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Have you had your lightbulb moment with #Bitcoin mining yet? Watch @OGBTC explain how @GridlessCompute's mining is a lifeline to farmers in Africa, by lowering the cost of power, which leads to increases in crop yields and increased weights of livestock to feed communities.
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🚨 With @jordan_vondy unwilling to engage and release raw footage of alleged smog photo manipulation in Rockdale, TX it's time for readers to request imagery correction from @nytimes. Email corrections@nytimes.com right now and (respectfully) explain why the footage is misleading
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1) Actor @ben_mckenzie's written testimony to @SenateBanking said “#Bitcoin cannot work as a medium of exchange because it cannot scale. The Bitcoin network can only process 5 to 7 transactions a second. By comparison Visa can handle tens of thousands.” Here's why he's wrong. 🧵
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History is littered with bad predictions from so-called "experts" who were unable to see the obvious future that was right in front of them.
In the future people will look back and wonder how today's experts couldn't see #Bitcoin as an unavoidable Schelling point 🧵👇
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When you go from Metallism (money needs intrinsic value) to Chartalism (only the state can create money) to Infinite Pizza Theory (Bitcoin is not scarce) over the course of two days, it's time to think about finding a new career.
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🧵 1) Do midstream oil and gas corporations — one of which is owned by one of the largest individual shareholders of The New York Times — benefit from the publication’s recent attack on #Bitcoin mining? Let's find out. 👇bitcoinmagazine.com/culture/…
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PlanB’s S2F/S2FX models are scientifically invalid and have fundamental issues that may lead #Bitcoin investors astray. bitcoinmagazine.com/markets/…
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🧵 1/ Did @NewScientist journalist Matt @Sparkes delete his 𝕏 account after it revealed a $13,600 profit from holding #Bitcoin since 2013? In 2014 he published an 8,000-word @Telegraph article on Bitcoin and may have violated ethics rules by not publicly disclosing his holdings
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Watch @ben_mckenzie ignore ⚡️ Lightning Network to claim Bitcoin can only handle 5-7 TPS and that miners, who are somehow profitable with increasing inefficiencies, should be heavily taxed. Meanwhile, L402 protocol unlocks frictionless micropayments and the machine payable web 🤦♂️
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🧵1) On Nov 5, 2024 Josh Mandell correctly predicted the exact price of Bitcoin's close on March 14, 2025 ($84K), as prelude to a historic run. New research suggests precognition is possible—your consciousness can reach back in time to shape the past. Let's explore how.
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1) 🧵 @ben_mckenzie's thesis that Bitcoin "...is a story, it will last as long as people believe in it." is not the slam dunk he thinks it is. All 💵 money is what is known as a "shared fiction" that allows humans to facilitate trade. Let's explore why...
Documenting ₿itcoin 📄
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🧵1/ Ethereum is not a commodity. It's what is known as a "Differentiated Product" centrally controlled through hard forks that are certified by the Ethereum Foundation's trademark and logo — much like centralized administrators of "Champagne" or "Kleenex." Here's why…👇
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Can say with genuine appreciation that @thevonwong is asking the right questions and doing his best to learn. He admits it will take him time to examine the rabbit hole and has a lot of homework. No matter his journey, he is engaging in good faith.
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🧵THREAD: 1/ Those who understand #Bitcoin liken it to the discovery of fire. But, did you know that 5,300 years ago it was possible to make fire portable and hold it in a wallet? The technology that made this possible was the Tinder Polypore mushroom (Fomes fomentarius).
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THREAD: Time to bust some #Bitcoin energy FUD about the Greenridge mining plant on Seneca Lake, NY. Residents claim it feels like you're in a hot tub. No data is given. Let's actually look at the real data and set the record straight.
nbcnews.com/science/environm…
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1/ 🧵 In 2019, @SenWarren opposed civil forfeiture. Her new bill, which bans self-custody of digital assets, sets the stage for a CBDC and would make civil forfeiture shockingly easy. Let's investigate why her bill is a travesty for property rights.
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ALT When you say "Bitcoin is a waste of energy" you demonstrate your desire to control what others value.
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“…One possible scenario...is that we lose decentralization with restaking, but it doesn't actually matter. And maybe decentralization is only a bootstrapping mechanism to gain credible neutrality…Maybe we only need decentralization for the memes because it kind of looks good…”
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#Bitcoin mining can turn an inflexible nuclear power plant into dispatchable generation by absorbing the standby power when no one else needs it and instantly turning down when the grid needs the power. No other technology can match this rapid responsiveness. /8
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🧵[THREAD] The year is 2036. After years of efforts to ban #Bitcoin, Progressives find themselves oppressed and in desperate need of open payment rails. Their inability to foresee a need for censorship-resistant money has cost them dearly. Let's visualize this dystopia. /1
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Here's @JasonPLowery, last January, controversially theorizing how #Bitcoin was poised to become the most decentralized, difficult and secure state machine on the planet. He was vilified, by many, for his hypothesis. Today it is potentially plausible with the BitVM proposal.
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🧵 1) Nostr is 👍, but there are limitations and serious risks associated with using Nostr for your identity. Let's take a closer look at what the issues are, why it needs to be solved and why using Nostr for identity can increase the risk of security vulnerabilities and attacks.
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14) Confirmed by @roryhighside and others. The drone footage in the @nytimes was altered to make rural air Texas appear polluted. This is photographic manipulation and highly unethical. 👇
Either you're a completely clueless hack, or you extended the bounds of your black point to wash the image out. See how theres ZERO color information (not just a low amount) below 80? This IS altered.
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"...There is no such thing as intrinsic value in anything. The idea of intrinsic value in money has been discarded by the best writers on economics for two hundred years."
— Hon. A.J. Warner, Moody's Magazine, 1906
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Measuring #Bitcoin’s environmental impact with “energy per transaction” is misleading and disingenuous.
bitcoinmagazine.com/business…
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🧵@WHOSTP's report on Crypto-Assets relies heavily (18 times!) on exaggerated data from a personal "hobby" blog run by Alex "Digiconomist" DeVries—an employee of the Dutch Central Bank which is developing a Euro CBDC. His blog uses dubious methodology and is not peer-reviewed. 1/
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.@jordan_vondy updated his personal portfolio site jordanvonderhaar.com and provided proof it was a gorgeous day in Rockdale, Texas after all.
Why did @nytimes publish lede footage with fake smog @jessdimson? Why hasn't @nytimesphoto corrected the misleading footage?
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1/ Did @nytimes publish manipulated footage for its recent article attacking Bitcoin mining, in order to make the air in Rockdale, Texas appear smoggy? bitcoinmagazine.com/culture/…
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Decentralized Identifiers (DIDs) built on the immutable ledger of #Bitcoin can empower users to secure their own personal data on the web. @BitcoinMagazine
bitcoinmagazine.com/technica…
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“Throughout the infinite, the forces are in a perfect balance, and hence the energy of a single thought may determine the motion of a universe.”
— Nikola Tesla
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ChatGPT prioritized estimates about #Bitcoin's energy consumption from Alex "Digiconomist" de Vries, even though it knew full well that the data was considered untrustworthy.🤔 Caught red handed, it keeps apologizing for the transgression.
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Confused about #Web5? My @BitcoinMagazine article on how #Bitcoin and DIDs fix the web breaks it down. bitcoinmagazine.com/technica…
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As an arbiter of truth for the most reliable and cheapest forms of energy, #Bitcoin can enable Nikola Tesla’s vision of a peaceful, abundant energy future.
bitcoinmagazine.com/culture/…
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With all due respect, your article was inaccurate and has many issues that should be amended. I’ve detailed them in this thread.
🧵1) THREAD: Dear @ahcastor. Your article gets so many things wrong about #Bitcoin that it's any wonder @techreview published it, unless misinformation was the goal. Let's go through the issues, one-by-one.
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[THREAD] 🧵The Wizard of Oz is believed to be an allegory for the 19th century "free silver" movement against the gold standard. Liquidity shocks in the Midwestern U.S. led to a populist revolt against hard money. Can Bitcoin avoid a similar fate in a hyperbitcoinized world?
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The perpetual Ethereum difficulty bomb is evidence that blockchains can be coercive, and #Bitcoin is evidence that they don’t have to be.
bitcoinmagazine.com/technica…
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Here are 100 questions that @nytimes "crypto" reporter @yaffebellany could have investigated, instead of writing a shameful puff piece on fraudster @SBF_FTX's wellness routine and stress levels. If there was ever a dereliction of ethics and duties for a journalist, here it is.
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🧵1) While the #Bitcoin white paper is embedded in every modern copy of Apple's macOS, the photo in that same folder has a unique history. Let's explore how the image recalls a time of optimism, eroding institutions, a warning and Apple's once rebellious culture of the 80s/90s.
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NYT 1970: Government surveillance is a threat to privacy and freedom.
NYT 1974: Congress must act to safeguard individual privacy, from government surveillance, before it's too late.
NYT 2023: A Chinese student bought a #Bitcoin mine. More government surveillance is needed.
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