Level39

Blog Info Bitcoin Magazine
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Stats Has written 4 posts about cryptocurrency

Jul 09 2021

The Tall Tale Of Boiling Seneca Lake

The overdramatization of environmental concerns related to bitcoin mining obfuscate any legitimate conversation on the topic.Recently, an overdramatized story by Gretchen Morgenson of NBC News, about the Greenidge power plant and cryptocurrency mining hybrid on Seneca Lake,...

Jun 10 2021

The Conundrum Of Bitcoin Legal Tender Laws

The adoption of bitcoin by El Salvador poses an interesting contradiction of freedoms, albeit solved on a secondary level.Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, the "...

May 25 2021

Elon Musk And The Dutch Central Bank's Misinformation Campaign

The two environmental FUDsters could potentially mislead bitcoin investors as they utilize incorrect analysis.More than a decade after Satoshi Nakamoto combined proof of work and bitcoin mining together, fallacious comparisons of “energy cost per transaction” continue to be spread by seemingly intelligent and well-researched individuals.We can trace much of the spread of this narrative back to Alex de...

Apr 29 2021

What Does the Future of Energy Hodl?

Bitcoin may be the key piece in solving the growing demand for energy usage outpacing our ability to capture and store energy from the sun.The stage has been set for Bitcoin to incentivize renewable energy and power a greener future. Tesla and Elon Musk have the technology and ingenuity to solve one of the greatest challenges facing humanity. A dawn of optimism...

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