As a unique energy buyer, the Bitcoin network will accelerate the renewable transformation of global energy. If the Bitcoin mining method is combined with renewable energy production and storage, it is particularly suitable for accelerating the transformation of energy. Bitcoin miners are unique energy buyers because they provide a highly flexible and easily adjustable interruptible load.

Would a universally imposed carbon tax (on all Green House Gas generating activities) be good for Bitcoin?

The below video points out that energy generated by fossil fuels creates negative externalities that are not accounted for in the price.
Users of this energy (like bitcoin miners, Christmas lights, etc.)  unfairly profit from this at the expense of those who are not using that energy. This leaves bitcoin open to attacks of wasting energy and being bad for society.

Antanopolos also point out that miners will tend towards the cheapest form of electricity...if a carbon tax makes renewables the cheapest form of electricity for all bitcoin miners, then all miners would use renewables. He implies that miners might be more nimble at switching than others, which could give bitcoin an advantage in a true carbon priced economy.

In short, he is saying that if you can properly price all externalities, then you can let markets decide what is valuable and what is not. To me, this is a more objective and fair form of government regulation rather than the often times subjective, politically motivated and piecemeal regulations that we currently have. Would we be better off having a single debate about what the cost of GHG emissions are rather than having 1,000s of debates about the pros and cons of various GHG emitting activities?


Hello, I read two articles today, neither of which contained anything of interest other than the typical naysayer gloom shilled by general Bitcoin haters.

One thing that caught my eye in both pieces was the CARBON TAX on Bitcoin mining cries from these envious individuals, who seem to be becoming louder as their restrictions don't seem to be having the desired impact.

Is this something that is reasonable, for example, is the banking system CARBON TAXED? Does anyone know of any current examples of carbon taxes, and is a carbon tax on the Bitcoin network possible or plausible?Is this something that is reasonable, for example, is the banking system CARBON TAXED? Does anyone have any examples of current carbon taxes, and is a carbon tax on the Bitcoin network feasible?

I'm not an expert on energy, but I find it difficult to accept that electricity use can be frowned upon or allowed to run wild.

I am not an energy specialist, but I find it difficult to accept that electricity use can be frowned upon or allowed to run wild.

I know about crypto and everything in general but I am having difficulty to understand one thing about it. Why crypto or bitcoin is better than money ?

I mean I know the block chain technology is revolutionary and it has many benefits, it is being used by all crypto. Money is used to buy goods and services and there are very less businesses accepting crypto and still the prices are rocket High.

This Crypto trend looks more like share market company evaluation rather a legitimate currency. Moreover all government have there own currency, goverment cannot let that sink and can ban these. Can someone explain to me the value of Crypto as a currency when compared to real money ?

So there are 21 million total because that is how it was coded. Will it be possible to increase the supply or even make it infinite if someone was able to crack the code?

What is the Reason the BTC Transactions are Still slow.  And Even that expensive also.
Bnb and xrp Nice cheap and smooth.

And ETH is Not cheap to send but at least its fast.
But erc 20 tokens...  Like USDT its stupid and insane how high are fees!! 

What is the Main Reason the BTC creators Can't fix that Old stupid problem? 
I m Kind of person I Want quality of everything. 
And no time for bs.

Maybe the buterin and binance owner Can teach satoshi and garlinghouse how to make Better coin in terms of speed!!

Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:

*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys

https://research.binance.com/en/analysis/global-crypto-user-index-2021

Introduction to the survey
"This first-ever report with a global scope and focus on crypto retail users examines data from over 61,000 crypto users around the world, shedding light on the motivations, behaviors, and preferences of this growing audience.

Bitcoin continues to reign: BTC, which is held by 65% of users who own any crypto, continues to be the most popular cryptocurrency. 30% of BTC owners allocate 1-20% of their crypto portfolio to bitcoin.

Top uses for cryptocurrencies: even though most cryptos are hodled (39%), users also use their digital assets for staking & lending (22%), and payments (11%). And while using crypto as a medium of exchange may not be perceived as the most important use-case (21%), actual usage (38%) suggests that crypto is taking the function of money more than users anticipate."

FULL REPORT:
https://research.binance.com/static/pdf/Global_Crypto_Index_2021.pdf

Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

source

I'm sure the number one thing bit coin is used for is trading but that wasn't its original use and seeing how it still has value and exists a decade later it has utility. Officially what else is it used for? How could you find this out there isnt a wall street journal for bitcoin. But there must be a prospectus for it out there or as close to one as possible. Is there a way to read the original white paper?

I thought BTC was going to replace western union by now and be used by official brick and motor businesses. I guess thats the point of stable coins, Why doesnt BTC have a stable coin backed up by BTC; kind of like how they back up mortgages. I wish I could remember my series seven better I could think up more use cases for BTC.

Will it only be used for investing/speculation as long as its price is this unstable? Can you imagine a normal acting like bitcoin does? I guess pink papers/penny  stocks do that but those are just legal pump and dumps that clog up your work fax with junk faxes that come through at 4:00AM making sure you will se it.

Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?

From what I've read, Bitcoin now charges high transaction fee and long transaction wait time so it can't presently be used:

a) for a conversion from Bitcoin to cash?
or b) purchases using Bitcoin?

I will be delivering a lecture or an address by weekend on a topic which would be part of the Crypto book am working on. The topic i will be teaching is "Crypto Risks: How to Minimize risks in Crypto business."

I would want to focus on trading and Investing. But, i want to know what you think on the following;

1. what are the major crypto risks that one should know and avoid by all means.

2. How do we tackle these risks or are there way to tackle the risk?

We can use btc trading and investing as a case study.

Bitcoin as a Decentralized Cryptocurrency has no physical structure just like the bank. It’s basically stored in a digital wallet/account being operated from a mobile device and its security embedded there also. In creating Defi wallet or block chain account no available section for next of kin or third party details Its always advised to keep Recovery Phrase details secret  in save location, these will help in recovering the wallet.

Literally bitcoin details remain secret and personal to me. If I continue to keep my details secret of what use would it be to me when I’m no more and my love ones can’t benefit from my bitcoin? Here is my question what happens to the bitcoin of someone who died and didn’t disclose his/her wallet details to anyone? please I need response . Would the bitcoin be abandoned in the wallet forever?? Would it be a waste of bitcoin?

Did bitcoin lose its value?
In the era of pandemic 2020, Federal Reserve Bank printed paper currency notes which ultimately decreased the value of us dollar USD. And in that period, Bitcoin btc was also stagnant and did not move much. So did bitcoin has losen its value with usd? If yes then similarly other fiat currencies like usdb, usdt etc. also lose their value with devaluation of us dollar.

Electricity produces CO2,but so what?Trees and plants consume CO2,so the problem with CO2 production can be solved,if we plant more trees on the planet Earth.
Can you measure "environmental sustainability"?I don't think so.
Coal mining and coal consumption in the third world countries is a way bigger problem than crypto mining,so let's not become like all those "progressive" ecological fanatics,like Greta Tunberg.
Many industries are polluting the Earth way more than the crypto industry.
And yes,crypto mining will become more and more energy efficient,year after year.The miners want lower electricity costs,don't they?

I have seen that bitcoin is important and everyone wants to have it even me if I have the money and opportunity to get 1btc I will engage in sincere activity to have it, and bitcoin is viral, because the things I heard concerning bitcoin in news always interest me, but the problem is that what will I do to know bitcoin more better

There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.