Home Creators Posts Import Register Favorites Logout
haven't archived this post yet. have a subscription? use the importer!

Content

AI is triggering a global energy crunch… and suddenly everyone realizes — Bitcoin’s been backed by energy all along.

FIAT is fake

Files

Previews only

Comments

btcrealm

I'd be careful quoting Elon and bitcoin! LoL There are 100 things that could be pulled up where he dumps on it too. He makes a lot of comments, some with good factual knowledge and others without. Remember he was on the whole bitcoin bad because power GRR! bandwagon for a while. Now his AI projects probably use more power than all of bitcoin once this new facility is online. https://x.com/search?q=bitcoin%20(from%3Aelonmusk)&src=typed_query

Steviebroon

Elon - friend of the channel??

Bdubs

Hi James, Greetings from Cape Town :-) Recent Patreon member and been watching your videos for years, thank you for all the knowledge that you share with us! A question which has been playing on my mind quite a bit - what happens to Tesla (and SpaceX, Optimus etc. etc.) if anything should happen to Elon? He is the visionary behind all these - but what happens if heaven forbid he has a heart attack or is incapacitated and can't run Tesla anymore? There is no one quite like him! Thanks :-)

Stomper4x4

James, we got a rate cut, around 8 Peace deals, supposed to be in the 4th year of the cycle for BTC and here we are at only $113 Kind of Disappointing. Hoping rest of Oct is better.

Laxref202

Like to see sprk hit 40 by eoy

Cmoney$$

Mr Elon needs to accept bitcoin again?! Come on now is time clearly he likes it now

Cmoney$$

October 15th shows an inflection point should rip up rest of this month now! A 30% rip takes us right to 150 to follow M2 like it will

Cmoney$$

Tesla goes to 20 a share… he is the one everyone is investing in.. not the companies, it is elon, and that lies the risk in going in large on tsla. Like most trades there is always risk, and hope all goes well

Cmoney$$

Wouldn’t that be great then he could begin accepting hella bitcoin again

Inoskue02

What price do we grab more TSLA at?

Adam

If I understand correctly It costs energy to produce this special type of data which people want because it’s rare and internationally recognized as a store of value. But the energy is already spent so each BTC also represents the release of a significant amount of sequestered carbon (directly or indirectly) and I don’t know the relative energy expenditure to transact BTC vs an energy efficient coin. BTC is currently the best way to store value, but is it really the best way anyone can come up with? Can something equally limited and rare but energy efficient ever be accepted?

Unrekt+

FIAT doesn't have to be fake. Undo Bush's and Trump's tax cuts, balance the budget.

Adam Toth

Network effects make it unlikely that we will see another digital store of value replace bitcoin irrespective of what form energy expenditure it has. The only thing holding up the value is our belief that it is valuable, so basically, adoption. It is the most widely adopted and that is not likely to change anytime soon.