spacestr

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This is Andy
Member since: 2025-05-31
This is Andy
This is Andy 1d

Agree. Sound money cant exist without some cost to the world. However, worth some napkin ChatGPTing to compare. Bitcoin total energy use and ASICs was ballparked around $7-13B annually. A price of $75/Oz for 600 million Oz of silver per year use in industry is $45B. A price of $4500/oz for 10 million oz of gold per year use in industry is $45B as well. Costs to mine Gold and silver are ~$150B and $20B annually. Also this is not considering some percentage of bitcoin mining is done on energy that does not compete very directly with the broader market (renewables generating excess).

This is Andy
This is Andy 6d

Cant wait to hear it. Also low key cant wait to go back to HCMC.

This is Andy
This is Andy 4d

Ive been staring at screens since like 1995. I'm doing fine. The kids will be fine. File this away for the pessimists archive twitter to pull out in 30 years.

This is Andy
This is Andy 7d

You're failing the human test.

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