Below graphs show that with the current rate of progress, Bitcoin mining could soon likely consume almost as much energy as all the world’s transportation systems combined did in 2018 (~390 TWh per year):

In what year, and at what price will Bitcoin evolve from store of value to unit of account/global currency? If there is a ONE THING you need to take away from this and understand about Bitcoin it is this: THERE IS NO SUPPLY RESPONSE. Bitcoin is the FIRST asset in…

Do we have to worry about who will rule the world if Bitcoin continues to appreciate (among the top holders of Bitcoin currently are Bulgaria, the FBI and the Winklevoss Twins)? The distribution of Bitcoin and the assumed wealth inequality created by the top holders (whales) is one of the…

In my previous article located here (which I highly encourage you to read if you have not done so already) we outlined some of the basic principles related to Bitcoin and finally explored briefly what a world economy “run on Bitcoin” might look like. I have been overwhelmed with the…

The ₿itcoin Utopia Fix the money, fix the world Abstract The year is 2021. Humanity still finds itself in the midst of one of the worst economic recessions in history brought about by the COVID19 global pandemic which devastated economies across the globe as a result of forced government lockdowns…