Damus

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Daniel Batten profile picture
ANNOUNCEMENT: new tool in the enduring mission of correcting false claims about Bitcoin!

Quantum, bubble, environment, and all your favorite Bitcoin myths of the last decade are there, with their fact-based counters - backed up by data and peer-review research

This is the good work of Glenn Håvar Brottveit
@Unge Brottveit

Full thread ---> https://x.com/DSBatten/status/2049868832798335259
Enter some FUD for yourself and see what happens--->
https://facts.bitcoinbeyond66.com

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The Tim · 1w
Love it! Is there a nostr bot that I can just dm it to auto reply to friends and family?
Daniel Batten profile picture
What is Bitcoin?
Bitcoin is the world's best technology at solving the monetary problems that people of influence pretend we don't have

What is Bitcoin mining?
Bitcoin mining is the world's best technology at solving the energy proglems that people of influence pretend we don't have.
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Daniel Batten profile picture
I encourage those I coach to know your not only their values but to distinguish where those values find expression ... and where they don't.

Here's mine.

Clarity saves everyone a lot of time ... and energy
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➡️ ESCAPE INFLATION 4/24 7pm West Newton Cinema · 1w
Faith in Jesus ☑️
Daniel Batten profile picture
Environmentally, Bitcoin has a positive:negative ratio of 31:1

This makes Bitcoin arguably one of the most important environmental-impact technology of our time

As a fund manager of 2 impact-funds, I said 4 years ago I consider it gross negligence for an ESG investor not to consider Bitcoin in their mix. Many called me crazy at the time. They are no longer saying that today (at least not for that reason!)

Here's a data summary from our due diligence four years ago (which has since been vindicated with 24 peer reviewed papers coming out in support of exactly the same findings we arrived at)

How did we reach this view?

Simple: we did our job as investors. ie: we did due diligence on Bitcoin and energy (something very few people were doing at the time before recycling what has since proven to be factually inaccorate claims)

Simple rue:
- relevant domain knowledge + data => we listen
- vested interest + narrative => ignore

We listened to grid operators, climate scientists, bitcoin mining engineers, methane abatement experts, solar&wind installers, academics with multi-disciplinary expertise across energy systems/ sustainability / bitcion mining/ economics/ policy

We found
- 21 ways Bitcoin could be an environmental positive
- 5 ways bitcoin could be an environmental negative

(Uncannily similar to the solar industry)

We then applied an impact weighting to each factor and remeasured The result was conclusive: Bitcoin mining is 31:1 net positive to the environment

Bitcoin mining’s rapid renewable adoption can inspire other industry sectors to follow

We found that in the next 5 years, Bitcoin mining would play a real part in global methane mitigation (it is), grid stabilization (it is), and monetizing wasted renewable energy (it is)

The rule is simple: do your own due diligence rather than listen to the opinions of anyone: be they media, politicians, environmental organisations, general energy experts or bitcoiners themselves

That's the path to truth
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Tess · 2w
Is it published publicly? Always looking for solid research/articles to share with folks less informed.
Chris · 2w
Legend 🙏🏻⚡️
nout · 1w
What's the list? On nostr we are more cautious with graphs with random "weighted" numbers.
Bo · 1w
Interested in knowing how you got the 31:1 figure 🙏
Daniel Batten profile picture
Coaching Bitcoiners is extremely fulfilling for 2 reasons.
1. I've found Bitcoiners to have a real growth mindset, and very little ego, which means they are able to take bold moves without worrying about "how they look" -a recipe for success
2. The projects they build end up going faster and benefitting Bitcoin more with just a few blindspots attended to.

Kyle is one of many such examples of why the Bitcoin ecosystem is in great shape.

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Francisco d Anconia · 2w
Out of curiosity: do you coach Bitcoin founders, or do you coach entrepreneurial bitcoiners?
Empka · 2w
Yes bitcoin is terribly bad, sell it to me and I'll dispose of it in an environmentally sustainable way, pinky promise 🤞
epsql · 2w
"We can probably use this Saylor guy somehow"