OffGridSteve ⚡ ∞/21M

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OffGridSteve ⚡ ∞/21M

OffGridSteve ⚡ ∞/21M

@NiceAction

CEO and Founder https://t.co/jE7Ss7EQvA Pleb Engineer and Entrepreneur. Freedom lover. #Bitcoin nostr npub1x2y34nngqfg8qacrtwnqvnm7rkefvecqy9jmn

UK Katılım Ağustos 2009
1.4K Takip Edilen1.3K Takipçiler
OffGridSteve ⚡ ∞/21M retweetledi
Daniel Batten
Daniel Batten@DSBatten·
@LukeMikic21 @ProfSteveKeen @maxkeiser @stacyherbert Funny thing is, climate science (24 peer reviewed papers) show Bitcoin is crucial to clean energy transition, methane mitigation, grid stabilization and gas peaker plant phaseout If @ProfSteveKeen was any further out of his swimlane he'd be scraping his arms on concrete
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OffGridSteve ⚡ ∞/21M retweetledi
Jordan Walker
Jordan Walker@JayW132·
This is what a Bitcoin business looks like in the UK. A world class hotel group in the Lake District, quietly building a Bitcoin circular economy. @englishlakes @BenBrry 🤝🇬🇧
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Joe Nakamoto ⚡️
Joe Nakamoto ⚡️@JoeNakamoto·
what's keeping you interested in bitcoin right now, anon?
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OffGridSteve ⚡ ∞/21M retweetledi
CheatCode
CheatCode@CheatCodeCon·
And we’re off 🚀
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Daniel Batten
Daniel Batten@DSBatten·
One of the world's most respected LGFTE (Landfill Gas To Energy) specialists with 20+ years and 100+ landfill project experience just said that Bitcoin mining is the only profitable solution for mitigating half the world's landfill methane emissions. Probably nothing
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OffGridSteve ⚡ ∞/21M retweetledi
OffGridSteve ⚡ ∞/21M retweetledi
Joe Nakamoto ⚡️
Joe Nakamoto ⚡️@JoeNakamoto·
Inside a Bitcoin Heat Mine on the Russian Border 🇫🇮 ⛏️ ⚡️ FULL DOCUMENTARY
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OffGridSteve ⚡ ∞/21M retweetledi
Daniel Batten
Daniel Batten@DSBatten·
The end of Bitcoin mining gaslighting in mainstream media Litmaps, a powerful research tracking tool, reveals that patient zero for all junk science on Bitcoin's environmental impact was a single 6 page "commentary" by Alex de Vries. (A commentary in the context of an academic journal means a short opinion piece that does not to go through a full peer-review process and which does not use novel empirical data). The method he used to claim that Bitcoin's environmental damage was a growing concern was his fundamentally flawed "energy use per transactions" method (Bitcoin energy use does not come from its transactions, therefore it can scale transaction volume exponentially without increasing emissions). de Vries' metric was later debunked in no fewer than 4 separate academic journals as part of full length academic papers. *Masanet et al 2019 researchgate.net/publication/33… *Dittmar et al. 2019 nature.com/articles/s4155… *Sedlmeir et al, 2020 link.springer.com/article/10.100… *Sai and Vraken 2023 #br0070" target="_blank" rel="nofollow noopener">sciencedirect.com/science/articl… The entire body of de Vries' work was systematically debunked by Sai and Vranken in late 2023 source: #br0070" target="_blank" rel="nofollow noopener">sciencedirect.com/science/articl… Immediately after Sai & Vranken's study, all mainstream media outlets stopped covering de Vries' Bitcoin "research" In fact, 22 mainstream media outlets have now flipped to covering Bitcoin's environmental benefits (source: x.com/DSBatten/statu…) which have been well established in 24 peer reviewed full length academic studies. (source: lnkd.in/gdH4wvw7) A further 15 sustainability media outlets are now also covering Bitcoin mining's environmental benefits: source: lnkd.in/gdH4wvw7 But just as years after the myth "all fats cause cholesterol" was debunked, many people are still unaware of the science, the same is true of Bitcoin mining In both cases, the population was misinformed over many years. As a result, many people are still unaware that the contemporary academic literature, case studies and grid operators themselves all overwhelmingly support Bitcoin mining's environmental benefits source: x.com/DSBatten/statu… It is only a matter of time before policymakers, regulators, political leaders and investment committees catch up. Once they do we will see mainstream adoption of Bitcoin, and mainstream adoption of Bitcoin mining as part of climate action (aka: what the peer reviewed research tells us it is) source: x.com/compose/articl… While many media outlets are now objectively commenting on Bitcoin, others (Financial Times, The Economist, Verge, Wired, New Scientist) have simply pivoted to changing the type of Bitcoin misinformation they publish.
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Rupert Lowe MP
Rupert Lowe MP@RupertLowe10·
Inflation is the tax that makes all of us poorer. It makes your food shop more expensive, clothes more expensive, fuel more expensive. Everything. It impoverishes the British people. This is not random. This is not accidental. This is not irreversible. It is the direct result of government choices. When the state grows too large, spends too much, borrows too much and taxes too much, the value of our money is steadily eroded. This is not complicated. Prices rise, and savings are punished. Wages fall behind, and the country becomes poorer. Ordinary British men and women feel worse off even if they are working harder than ever. With those on the lowest wages suffering the most. The economy is failing those who work hard and contribute, yet feel less and less reward. I detest it. For decades, politicians have tried to pretend there are complicated solutions to this problem. There aren’t. There are straightforward solutions. That doesn’t mean they’re painless, but they are straightforward. So far, no political party has had the courage to outline the way forward. We will. Restore Britain will. If you want to bring inflation down and keep it down, you must radically shrink the size of the state. This is non-negotiable. Government spending drives inflation, endless borrowing drives inflation, constant intervention in the economy drives inflation. And when the state grows larger and larger, it must fund itself through either taxation, borrowing or money creation. All three ultimately push prices higher. It makes your money worth less. It makes your food shop more expensive. It is that simple. If the state prints billions and billions (Quantitative Easing) , what happens to the existing money? It all becomes worth less. This is so painfully obvious. Yet what does the state do? Cheered on by gopher politicians? Print, print and print some more. A Restore Britain would do the five following things, brutally and rapidly. - Drastically cut Government spending. - Radically reduce tax. - Brutalise the size of the state. - Ensure that the country lives within its means. - Ban money printing (QE), without explicit parliamentary approval. Is this a painless process? No. It is not. I am not going to tell you otherwise. It will be painful, it will be difficult. There will be immense cuts. I am simply being honest with you all. But it is necessary. It is the only way. When you allow businesses to grow, allow people to keep more of their own money and remove the bureaucratic dead weight suffocating the economy, production increases. More goods are produced, more services are delivered, and prices stabilise. A smaller state means a stronger economy, and a stronger economy means stable prices. Inflation is kept under control. For too long Britain has gone in completely the opposite direction. Taxes are at record highs, the state is larger than ever, and inflation has punished every household in the country. Every single one. Nobody has been exempt. But it is the poorest who suffer the most, and that is simply unacceptable. Restore Britain will reverse that. You cannot tax, borrow and spend your way to stable prices. You cannot regulate your way for lower inflation. A small responsible state puts the people, not itself, first. What do we have? A state that now taxes, wastes and then misappropriates. The only real path to low inflation is a smaller state and a freer economy. That leads to a richer people. That leads to a cheaper food shop. A cheaper pint. A cheaper tank of fuel. That is Restore Britain’s aim. If you want the Government out of your lives, and more of your own money in your pocket, with that money worth more? There is a political party willing to take the painful steps to deliver that. Restore Britain.
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OffGridSteve ⚡ ∞/21M retweetledi
Daniel Batten
Daniel Batten@DSBatten·
In 2021, a headline like this on the front page of a Pulitzer Prize winning paper would've been unthinkable But backed up by data from Cambridge, Duke University + 23 peer reviewed studies showing Bitcoin mining's environmental benefits, the media have changed their tune also H/t to @ContingencyBTC for sharing the article
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Jordan Walker
Jordan Walker@JayW132·
DROPPING LATER TODAY @JeffBooth and I focus on AI and Bitcoin for businesses. If you’re building a career or building a company... you'll want to watch this one! "Be the change and learn"
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OffGridSteve ⚡ ∞/21M retweetledi
Daniel Batten
Daniel Batten@DSBatten·
In case missed it, Digital Assets Research Institute @dari_org recently confirmed what Grid operators, renewable energy generators and Bitcoin mining companies have been saying since at least 2021: Bitcoin mining helps - decarbonize grids (through obviating the need for gas peaker plants) - stabilize grids (through being more flexible than any other energy consumer) - reduces costs to grid operators, in this case by an estimated $18 Billion da-ri.org/articles/how-b… Context: in addition to this article, 22 peer reviewed papers and 8 independent report now point to clear environmental benefits from Bitcoin mining source: x.com/DSBatten/statu… while offering 19 well-documented benefits to society source: x.com/DSBatten/statu…
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OffGridSteve ⚡ ∞/21M retweetledi
DontGetMadGetBitcoin ☢️
DontGetMadGetBitcoin ☢️@getbitcoin108·
Buying Property With the Proceeds of Bitcoin UK 2026 Having just been through the torturous ordeal of buying a house with the proceeds of bitcoin, I thought it might be useful to others to know what is involved. 1. Currently it is possible to buy property with bitcoin directly, but it is very unlikely the vendor would accept it. Bitcoin is not widely liked or understood in Britain and whilst there have been some direct house sales for bitcoin, they are very rare and Capital Gains Tax (CGT) is still payable - because paying someone for a house is counted as a disposal. 2. In addition, it is very unlikely a conveyancing solicitor would allow this transaction as most are not equipped to handle digital asset transactions. Which means you’ll have to sell your bitcoin - not necessarily a comfortable or easy thing. The more years you’ve been hodling the harder it is to exchange your pristine digital capital for filthy, lightweight fiat! 3. It also means you’ll incur a hefty CGT bill - handing many thousands over to the very fiat powers oppressing us with their financial and governmental incompetence. Uncomfortable but necessary: as a City trader used to say to me “Just pay your tax. You’ll sleep at night.” This is particularly true given HMRC’s new AI capabilities. Hyped or not, it isn’t worth testing them. 4. Once you have the fiat in your bank account, you then face the daunting process of solicitor's Anti-Money Laundering (AML) checks. You’ll need proof of the original source of funds you used to buy bitcoin (inheritance, gift, income etc), exchange statements showing the purchases and the sales, bank statements showing the funds in your account, the funds leaving your account, and the proceeds of the bitcoin sale back in your account. They need a full audit trail to satisfy their Proof of Wealth (PoW) and Proof of Funds (PoF) checks. 5. These checks are no joke. They stem from the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 - lawsociety.org.uk/topics/anti-mo… - which place weighty obligations on law firms handling money. In particular, cash purchases of houses are viewed as ‘high risk of money laundering’ so attract enhanced due diligence measures. Solicitors have gone to prison for not tracing the source of even quite trivial sums. Similarly, criminals are targeting solicitors like never before - both for stealing funds through cyberattacks and for laundering money. The regulations are not without genuine cause. 6. Your choice of solicitors will determine whether you are put through potentially weeks of stress as they scrutinise every part of your financial and bitcoin life. Provincial solicitors are likely to say ‘cryptocurrency is high risk and we don’t do high risk’ and either turn you down flat at the beginning (if you are lucky) or put you through a long, drawn out process that could mean you lose the house you are intending to purchase, and lose your will to live with it. 7. There are some national conveyancing firms that are much happier to process bitcoin related house purchases. Thomas Legal thomaslegal.co.uk are one such. In our case, they completed their AML checks in one business day. And they were exceptionally friendly and efficient with it. A stark contrast to our first (local) solicitor who took 8 weeks to say that he wasn’t completely satisfied and 'further checks were going to be required’. 8. It certainly felt like the resistance of the fiat system to bitcoin was exemplified by his suspicious attitude. If you work with a firm like this, you’ll find yourself feeling like a criminal - guilty until proven innocent. Very uncomfortable. As is having your entire financial and bitcoin history exposed. Be prepared to reveal all if you want that dream house. 9. An essential component of clearing the AML check quickly was having a Hoptrail Proof of Wealth Report prepared in advance. hoptrail.io. This specialist auditing company look at the blockchain and exchange statements, rather than fiat accounts, and ensure your coins are not connected to known criminal wallets, mixers or from ‘dubious' sources such as Silk Road. There are stories of bitcoiners with 8 figure portfolios, not a satoshi of which could be used for house purchases because the coins were tainted - from the fiat system point of view at any rate. Most solicitors do not have these skills in-house so having a Hoptrail report is essential. 10. Because of a combination of the Hoptrail report and extended due diligence at solicitors, don’t expect much change from £10,000 for your conveyancing fees. Add in CGT and you’ll need to sell more bitcoin than you might be comfortable doing to cover all the costs. Note that there has been no requirement to have paid CGT before our funds were approved - contrary to some advice out there. 11. Some might ask ‘why put yourself through this?’. Well, in our case, after hodling for 12 years, it felt like it was time to see some real-world benefits. We’re not young and we want to live somewhere decent for our retirement. Feeling wealthy is no substitute for living in a house that better suits your needs. 12. Britain is still very much in the Dark Ages when it comes to bitcoin adoption and understanding. The vast majority of banks, solicitors, out there are simply follow what the @FCA, @FT, @BBC say about #Bitcoin, but at least some are more enlightened and will help, rather than hinder, your purchase. #End
DontGetMadGetBitcoin ☢️ tweet media
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OffGridSteve ⚡ ∞/21M retweetledi
Peter McCormack 🏴‍☠️🇬🇧🇮🇪
Why does @ZackPolanski avoid questions on economics? Because it is impossible for him to turn narrative into reality. Our country is suffocating in debt, yet he wants to give even more stuff away for free... ...but let's entertain it for a second. How will Zack pay for free everything, he has three options: 1. He can raise taxes - our tax burden is already at post WW2 highs. We have already seen many wealthy people leave, more will leave if taxes go up further, shifting that burden to everyone else. Result - poor and middle-class will be poorer. 2. He can increase borrowing - expanding the money supply will drive inflation. This will make the rich richer and the poor and middle-class poorer. 3. He can drive growth - this will require a reduction in taxes and massive deregulation. We know he can't reduce taxes and the Green's aren't the deregulate type. These are Zack's options, this is why Zack won't answer them. So vote for lunatics all you want. Learn the lessons of Venezuela and Argentina, see how Mandami is failing in NYC. Economic reality doesn't care about your feelings.
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OffGridSteve ⚡ ∞/21M retweetledi
Bram Kanstein
Bram Kanstein@bramk·
Quite possibly a top 5 Bitcoin clip of all-time (I've been in this since 2013)👇 @TomerStrolight:
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