That's certainly true. My hope is that consumer sovereignty takes them out before Bitcoin gets a chance to, but we'll just have to wait and see.

Undisciplined

Nice response.

Also we need to get rid of the WEF/ESG neo nazis who are an enemy against human progress as well.

f6287b82CC84bcbd

bitcoin

When will we become a Kardashev type 1 civilization?

birdeye21

I don't like the exact description of this scale, but type 1 is basically a civilization that's able to harness all of the energy available on the planet itself.

> How will Bitcoin accelerate us there?

I see two clear mechanisms.
1. Bitcoin mining can allow much higher base load energy generation, because when demand from other uses dips mining can pick up the slack. This means more demand for highly efficient and reliable hydrocarbons, geothermal, nuclear, and hydropower in urban areas.
2. Bitcoin increases energy demand in sparsely populated places, because mining can hypothetically be done wherever there's an energy supply. This means there will be more demand for remote energy resources that cannot be economically delivered to population centers.