Level39

4 Followers

community-curated profile

#Bitcoin | Contributor @BitcoinMagazine

Overview Posts Content Recommendations

Tweet Mar 5, 2023

🧵 1) Nostr is 👍, but there are limitations and serious risks associated with using Nostr for your identity. Let's take a closer look at what the issues are, why it needs to be solved and why using Nostr for identity can increase the risk of security

by Level39

Recommended by 2 people

2 mentions

Tweet Dec 18, 2022

1) Actor @ben_mckenzie's written testimony to @SenateBanking said “#Bitcoin cannot work as a medium of exchange because it cannot scale. The Bitcoin network can only process 5 to 7 transactions a second. By comparison Visa can handle tens of thousand

by Level39

Recommended by 1 person

1 mention

Tweet Dec 16, 2022

1) Here is actor @ben_mckenzie, testifying before @SenateBanking—with zero expertise on energy markets, Demand Response or mining—that #Bitcoin mining is "bad," raises energy prices for all consumers and that residents are "upset." Let's unpack why a

by Level39

Recommended by 1 person

1 mention

Tweet Jul 20, 2022

🧵THREAD: Instead of shamefully promoting pyramidal yield-chasing custodial schemes, to separate savers from their #Bitcoin, VCs could have invested in energy innovation through Bitcoin mining. Here are some examples of innovators who are changing th

by Level39

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Tweet Jul 17, 2022

🧵THREAD: As energy grids adopt a greater percentage of intermittent renewables, more power must be absorbed by demand response loads. Prices act as signals help balance the grid, #Bitcoin mining profitability responds like noise cancellation technolo

by Level39

Recommended by 1 person

1 mention

Article Jan 13, 2022

Bitcoin ‘Energy Per Transaction’ Is A Misleading Metric

by Level39

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Article Oct 5, 2021

Bitcoin Embodies Nikola Tesla's Vision For Peace And Energy Abundance

by Level39

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Article Apr 29, 2021

Articles by Level39

by Level39

Recommended by 1 person

2 mentions

Tweet Mar 28, 2023

🧵 1) Why are environmental activists and climate policy advocates changing their minds about #Bitcoin? The answer is that Bitcoin is what is known as a "counterintuitive solution." Let's find out why. twitter.com/level39/status/1640569525409140737/ph

by Level39

1 mention