Bitcoin does not make the "energy problem" worse - the opposite is true in most cases. Here's a good example; it pushes the excess energy waste coming off of fossil fuel plants into a stable financial exchange system instead of bleeding it off for no reason.
Bitcoin is also not just a "deflationary asset" - the entire point is that you now have an instantaneous transfer financial backbone as opposed to needing a central bank's money printer to back your country so before another country decides they need your natural resources, you can actually purchase infrastructure and participate in the global economy and profit off of what you have instead.
What happens to countries that hold US dollar when the banks start printing? Where do they want to purchase assets, and who divests from their domestic assets?
What an absolutely unread take on it - and what a great representative of the closest approximation to average research done on the topic.
Bitcoin does not make the "energy problem" worse - the opposite is true in most cases. Here's a good example; it pushes the excess energy waste coming off of fossil fuel plants into a stable financial exchange system instead of bleeding it off for no reason.
Bitcoin is also not just a "deflationary asset" - the entire point is that you now have an instantaneous transfer financial backbone as opposed to needing a central bank's money printer to back your country so before another country decides they need your natural resources, you can actually purchase infrastructure and participate in the global economy and profit off of what you have instead.
What happens to countries that hold US dollar when the banks start printing? Where do they want to purchase assets, and who divests from their domestic assets?
What an absolutely unread take on it - and what a great representative of the closest approximation to average research done on the topic.