Agree. Sound money cant exist without some cost to the world. However, worth some napkin ChatGPTing to compare.

Bitcoin total energy use and ASICs was ballparked around $7-13B annually.

A price of $75/Oz for 600 million Oz of silver per year use in industry is $45B.

A price of $4500/oz for 10 million oz of gold per year use in industry is $45B as well.

Costs to mine Gold and silver are ~$150B and $20B annually.

Also this is not considering some percentage of bitcoin mining is done on energy that does not compete very directly with the broader market (renewables generating excess).

Ive been staring at screens since like 1995. I'm doing fine. The kids will be fine. File this away for the pessimists archive twitter to pull out in 30 years.

Cant wait to hear it. Also low key cant wait to go back to HCMC.

You're failing the human test.

This is why I feel welcome here.

It's also not a new idea.

I agree with that at federal levels but not at local levels. My town's government works admirably with a small budget. Builds what they need to build. Polices reasonably. Legitimately listens to you if you speak to legislators.

The larger the scale of government. The more distant the Representative is from you. The more frought with debt and ineffective policy they tend to be.

It's a decentralized protocol.

Naturally, you guys will need to do more than just trust me, but I'm allegedly their first Bitcoin donation.

Ive encouraged them to look into it further and suggested they reach out to HRF to see if they could help.

Maybe a few minutes of education could go a long way here. We should try.

@gladstein

Madlad

Would you expect that the average person in Gaza right now has an easy way to transact in bitcoin and the knowledge of how to do it?

https://x.com/michaelflores23/status/1967182008083443789?t=f6onZtp9ODr8ybcME0Bn6w&s=19

This guy on bird app asked about it.