Brussels, 13 December 2023 Response to: https://www.esma.europa.eu/sites/default/files/2023-10/ESMA75-453128700-438_MiCA_Consultation_Paper_2nd_package.pdf Testimonial of Daniel Batten My name is Daniel Batten and my background is one of a cleantech investor. From 1996-2007 I was involved, either as an early employee or as a founder, in technology that created disruptive technologies.[1] Since 2004, I have been investing in technology companies, more …
TL;DR summary Bitcoin could be the most useful asset in a generation. The reason that many in the West do not see it is because we live in a country who does not experience the three problems of hyperinflation, being unbanked, or experiencing autocratic rule that the majority of the world experience at least one …
The untold story about who is really using Bitcoin and why Read More »
A comparative look at mainstream news reporting on Bitcoin’s environmental impact 30 Nov and 1 Dec 2023 gave us the perfect opportunity to compare and contrast mainstream reporting on Bitcoin environmental impact. On Nov 30, the Independent ran an pro-Bitcoin mining article Bitcoin Mining could supercharge transition to renewables One day later, the BBC and …
Original Paper Overview Cambridge’s analysis should be applauded for its rigor. The analysis is also noteworthy for its absence of fundamental flaws such as “per transaction” metrics that have been common in the research of other commentators on Blockchain technologies. The dataset is also contemporary, which is a major improvement. We hope to see …
Commentary On Cambridge’s Analysis of Ethereum Environmental Impact Read More »
The “bitcoin uses fossil fuels” argument has been increasingly breaking down in the face of new data from Bloomberg Intelligence showing the network is in fact the most sustainable-energy backed industry on the planet with 53% energy coming from sustainable sources. In response to this news, a new attack vector has emerged: “Bitcoin uses too …
How Bitcoin Can Help Nations Out Of Water Scarcity Read More »
Why BBCNews’ latest article on Bitcoin and Water is a monument to journalistic laziness Original article Problems and errors of fact in the article: 2. The second problem is that having made a factual error in the headline of the article, the BBCNews continues to use the two terms “payment” and “transaction” as though they …
Rebuttal of BBCNews article, and the Underlying Study, on Bitcoin Water Usage Read More »
With increasing regularity, I have been hearing accusations that Bitcoin proponents are engaging in “greenwash”. Here’s why we need to be careful and considered in using this term. Firstly, I have empathy for the user of the term. We live in a world where corporates frequently use greenwash as a strategy to cast attention away …
How use of the term “Greenwash” Can Discourage critical thinking about Bitcoin Read More »
Why ESG Investment committees need Bitcoin, but Bitcoin also needs ESG Investment committees There are currently 23 trillion dollars locked up in ESG funds looking for a home, which cannot deploy a higher percentage into Bitcoin based on the current ESG narrative. But what if the ESG narrative was just that; a “narrative” without a …
The Bitcoin Facts that Every Investment Committee Must Know Read More »
Original Report by Earthjustice Acknowledgements First, the positives. Earthjustice have done a generally good job of avoiding the sensationalism of GreenpeaceUSA. This is a more thoroughly researched report. It is even occasionally backed up by evidence and citation. It looks as though the writer of the report has highlighted issues with Bitcoin mining that they …
Rebuttal of EarthJustice Report of Bitcoin Mining in Texas Read More »
How to use this article: Since the original GreenpeaceUSA article uses many of the arguments that are traditionally used by opponents of Bitcoin to argue that it is a net-environmental negative, this article serves as a useful counterpoint to share with any environmentally conscious person who may have encountered negative environmental messaging around Bitcoin, and …