Did you know the electric car was invented in the 1830s? It’s come a long way, but we’ve had EV tech for almost two centuries. So why only now are we seeing it become reality?
The answer: because the ability to produce it was suppressed by large companies who did not want to be disrupted. Patent after patent, large corporations bought out the disruptive tech and sidelined it for fear of disrupting their market hold over fossil fuels.
Suppressing this critically important tech has cost our environment, our safety, progress for humanity and arguably, many lives.
Well, today I want to share with you another paradigm shift of perhaps greater importance and technological significance.
A marvel of human achievement. Tech that can use clean, green, and produce a fair monetary system—Bitcoin
And again, the tech being misrepresented and attacked. No doubt, you have heard that “Bitcoin is bad for the environment.” Well, I put forward that it is actually not. In fact, we are seeing that the Bitcoin network is a powerful driver in clean energy adoption.
Fear, Uncertainty and Doubt (FUD) is nothing new for BTC, but this time, the attack vector is a fictitious story that it’s “wasting energy”. Guess who is peddling the lie? Once again, it’s the powerful stakeholders of the current financial system who fear the looming disruption that Bitcoin represents. Ironically, our current financial system uses far more energy than Bitcoin and is very inefficient.
The argument that “Bitcoin is bad for the environment” typically comes from those naively sharing a false narrative, or someone intentionally trying to suppress the progress of humanity (and maintain their power over the world).
Bitcoin is already using an estimated 40-70% green energy, and the crypto community are rapidly adopting renewable with a goal to be 100% green energy in a few years (https://cryptoclimate.org/accord/)
Bitcoin is actually helping to drive green energy around the world because it needs cheap energy to make the minting of coins and the processing of transactions economically viable.
In a few years, it will be one of the greenest organisations in the world—not bad for an organisation that has no CEO and run by a collection of hundreds of thousands of people scattered around the world.
Christmas lights in the USA use as much electricity as Bitcoin, but what Bitcoin offers is invaluable. As we increasingly hear about the inflationary impacts of runaway central bank money printing, Bitcoin continues to offer the world a life-raft: predictable monetary policy immutably written into code.
Bitcoin is already providing incredible value to economically impoverished countries whose currencies have been corrupted to the point of losing all value. By providing a global standard of money that no one person, group or country can manipulate, Bitcoin brings equality to the world. Money isn’t evil, it’s just that people corrupt money. Bitcoin – with a public leader spread and held across the world by thousands of nodes – is incorruptible.
This new technology was created just 12 years ago, and every year its value propisition improves. Bitcoin will become 100% green energy in a few years, but in the meantime, the equality it offers to people and financial systems around the world is priceless.
Climate change is a social issue. When people’s wealth is secure and stable on a foundation of sound money, they can move from worrying about putting food on the table, to supporting action for a greener society.
If you want to be part of an incredibly positive force in the world, exchange your petro-guzzling-war-mongering fiat dollars for humanity’s great equalizer: Bitcoin.
Go green. Vote for equality. Buy Bitcoin.