Too deeply entrenched in the cult to even do basic fact checking on the amount of renewables in China.. This article is 100 % puffery from a certified charlatan.
Have you heard of $clsk? They mine btc with 95% carbon neutral energy but their core business is on the micro grid side and they’re out here solving the exact problem that Elon is talking about.
My belief is Elon wants to make SEC regulate clean and dirty bitcoin. Mining pools ensuring clean and anti laundering bitcoin. The hackers on the cyber attack on the pipeline got 5 million in crypto. It’s becoming a weapon and it needs to be regulated. Either Elon is working with SEC as per white papers send by jack Dorsey, or Elon is doing his best to enact regulation and also sell wall batteries.
Pomp, I don't understand where you can mine for btc without renewables to get the math to work. invest in renewable energy and happy to share spreadsheets on mining.
I'm sure you've heard about building the Semmering Railway before a train existed that could make it up the mountain. They built the track because they knew the train would one day be created. Same here. Elon Musk is not a can't do it kind of person. He is always building for the future. I completely agree with your intuition.
I agree with the possible reasons of why he did that, but he could have done it without causing chaos, meaning he could do that with skipping this tweet!
Thanks Pomp, even though I am 1.65x your age, you’ve reinforced and remind me to always look at all 3 sides of the coin; front, back & edge...keep up the good research & unique perspective. Your confidence and conviction in addition to your newsletter and commentary have been the best investment I made early on last year. 🙏🏻✊🏻👊🏻
Great one Pomp, really great! I might also add into the mix the massive military energy consumption used to support the central banking system.
Too deeply entrenched in the cult to even do basic fact checking on the amount of renewables in China.. This article is 100 % puffery from a certified charlatan.
Have you heard of $clsk? They mine btc with 95% carbon neutral energy but their core business is on the micro grid side and they’re out here solving the exact problem that Elon is talking about.
My belief is Elon wants to make SEC regulate clean and dirty bitcoin. Mining pools ensuring clean and anti laundering bitcoin. The hackers on the cyber attack on the pipeline got 5 million in crypto. It’s becoming a weapon and it needs to be regulated. Either Elon is working with SEC as per white papers send by jack Dorsey, or Elon is doing his best to enact regulation and also sell wall batteries.
Pomp, I don't understand where you can mine for btc without renewables to get the math to work. invest in renewable energy and happy to share spreadsheets on mining.
I'm sure you've heard about building the Semmering Railway before a train existed that could make it up the mountain. They built the track because they knew the train would one day be created. Same here. Elon Musk is not a can't do it kind of person. He is always building for the future. I completely agree with your intuition.
I agree with the possible reasons of why he did that, but he could have done it without causing chaos, meaning he could do that with skipping this tweet!
Thanks Pomp, even though I am 1.65x your age, you’ve reinforced and remind me to always look at all 3 sides of the coin; front, back & edge...keep up the good research & unique perspective. Your confidence and conviction in addition to your newsletter and commentary have been the best investment I made early on last year. 🙏🏻✊🏻👊🏻
I always enjoy Pomp's reflection on the previous day's crypto movement!!
Chuck