Tag: oil

Jul 28 2021

The Truth Behind Bitcoin’s Opposition

Bitcoin represents a threat to the United States dollar and its global hegemony backed by endless war.What do Saddam Hussein and Bitcoin have in common? According to the government, they both have ties to terrorism. In reality, both threaten the United States dollar (USD) and its global hegemony.“One man's terrorist is another man's freedom fighter.” — Gerald...

Jul 27 2021

Utah Oil Producer Is Using Otherwise Wasted Gas To Mine Bitcoin

Jul 27 2021 Published at Bitcoin Magazine under tags  business energy waste gas mining oil

Wesco has stopped flaring excess natural gas and is now using it to mine bitcoin, reducing carbon emissions and increasing profits.Wesco Operating Co., an oil producer near Moab, Utah, found in Bitcoin a solution to a years-old problem – the wastage of natural gas that can’t be shipped to market, The Salt Lake Tribune...

May 16 2021

Major Oil Spills Won’t Happen Under A Bitcoin Standard

May 16 2021 Published at Bitcoin Magazine under tags  culture environment oil sound money

Environmental disasters are the result of cut corners, and cut corners are the result of inflation.There has been, on a consistent basis, environmental fear, uncertainty and doubt (FUD) in regards to the electricity consumption of bitcoin mining, since Bitcoin began. I pose that not only does Bitcoin not harm the environment, it...

Apr 28 2021

Uncovering The Hidden Costs Of The Petrodollar

Apr 28 2021 Published at Bitcoin Magazine under tags  culture oil petrodollar u.s. u.s. dollar

The world’s reserve currency relies on oil, dictators, inequality and the military-industrial complex. But a Bitcoin standard could change this.In its growth from conceptual white paper to trillion-dollar asset, Bitcoin has attracted an enormous amount of criticism. Detractors focus on its perceived negative externalities: energy consumption, carbon footprint, lack of centralized control and inability to be...

Apr 11 2021

Bitcoin (BTC) Outperforms Institutional Assets in Q1 2021

Apr 11 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

Bitcoin (BTC), the world’s first digital currency has notably outperformed other institutional assets in the first quarter of 2021. The...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: