Right now, the vast majority of money is already digital.
There are multiple directions this could go:
* Central Bank Digital Currencies (CBDCs)
* Bitcoin (decentralized)
* Status quo
* Other
If you think Bitcoin chews up a lot of energy, that's nothing compared to the current system, but the details are hidden in the relationships between the banks and the DoD. Globally, these industries plus other government entities chew up 70% of all energy. Bitcoin is a security optimization and can do the job for a lot less energy than that. That's the value proposition.
When I say "optimization", it is noteworthy that a lot of Bitcoin mining takes place using stranded energy, like an almost decommissioned wind farm outside of Fort Stockton that wasn't living up to its promise before providing individualized banking security (the Bitcoin network can be thought of as "banking one's own self").
You seem well informed and, as stated, I can't wrap my head around this ...... but, are you implying/asserting that using my debit card (or any electronic funds transfer for that matter) uses more energy than a bitcoin transaction? I would definitely like to know more about the Central Bank/DOD relationship and Bitcoin as well. No lengthy explanation needed. If you are a guest on Trent's podcast, I will be watching and waiting for the explanation.
I can't blame entities for looking into alternative currencies. If you look at debt against the dollar it pretty much screams "Trouble Ahead." I can't wrap my head around how this works, why isn't the Green Movement complaining about this instead of coal?
Right now, the vast majority of money is already digital.
There are multiple directions this could go:
* Central Bank Digital Currencies (CBDCs)
* Bitcoin (decentralized)
* Status quo
* Other
If you think Bitcoin chews up a lot of energy, that's nothing compared to the current system, but the details are hidden in the relationships between the banks and the DoD. Globally, these industries plus other government entities chew up 70% of all energy. Bitcoin is a security optimization and can do the job for a lot less energy than that. That's the value proposition.
When I say "optimization", it is noteworthy that a lot of Bitcoin mining takes place using stranded energy, like an almost decommissioned wind farm outside of Fort Stockton that wasn't living up to its promise before providing individualized banking security (the Bitcoin network can be thought of as "banking one's own self").
Mathew I want to visit about this trentloos@gmail.com
You seem well informed and, as stated, I can't wrap my head around this ...... but, are you implying/asserting that using my debit card (or any electronic funds transfer for that matter) uses more energy than a bitcoin transaction? I would definitely like to know more about the Central Bank/DOD relationship and Bitcoin as well. No lengthy explanation needed. If you are a guest on Trent's podcast, I will be watching and waiting for the explanation.
I can't blame entities for looking into alternative currencies. If you look at debt against the dollar it pretty much screams "Trouble Ahead." I can't wrap my head around how this works, why isn't the Green Movement complaining about this instead of coal?
100% agree John
A good source of information about all of this is Catherine Austin Fitts at the Solari Report.... https://home.solari.com/
From what I understand, Bitcoin is feared by the globalist because it can be decentralized. What they want is CDBC that they can completely control.