Seph Cadiz
Why It’s Lit
Because Michael Saylor just ate Bitcoin energy use critic Bill Maher for breakfast.
Believe It Or Not
Bill Mahar thinks cryptocurrency is a big fat joke and a big fat waste of energy.
Drop This Fact
The world generates 160 000 terra watt-hours of energy a year. Of that 50 thousand terra watt-hours of energy are wasted. If you take all the energy used in the Bitcoin network, it works as 25 basis points of all the wasted energy.
Ultimately according to Saylor, Bitcoin energy use is 1/4 of the 1% wasted energy in the world that offers newfound hope to a decent life to 8 billion people while solving an economic problem. #micdrop
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