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ENERGY FUD AND BTC ROI

Discussion in 'The Kruse Longevity Center' started by Jack Kruse, May 29, 2021.

  1. Jack Kruse

    Jack Kruse Administrator

    Energy FUD reality: US Government: *burns 40,000lbs of fuel on a single bomber training mission*

    Press journalism: “Bitcoin energy consumption seems like a real problem”

    Press never asks how many sorties they run a month: The answer is 120.

    BTC is not an energy hog considering what it does for the protection of the taxpayer compared to the military. 91% of all US dollars in existence were printed after Bitcoin was created = real ROI for the taxpayer.

    US government: *builds a currency based on the trade of fossil fuels, and starts wars to ensure it’s used as the dominant currency for fossil fuel trade*

    Press journalism: “Bitcoin may encourage fossil fuel use*

    Now do the calculation for the petrodollar which does 9 transactions per second in final settlements (Fedwire) and make sure to include the energy consumption of the entire bank system and all 13 aircraft carrier groups needed to enforce it.

    Biggest polluter in the world: US military. Crypto mining is a drop in the bucket... and unlike the US military, its energy efficiency will likely increase drastically in the coming years.
    https://en.wikipedia.org/wiki/Energy_usage_of_the_United_States_military

    2011 "Air Conditioning The Military Costs More Than NASA’s Entire Budget"
    https://www.huffpost.com/entry/air-conditioning-military-cost-nasa_n_881828

    https://www.forbes.com/2008/06/05/m...gistics08-cz_ph_0605fuel.html?sh=31d610cf449c

    ^^^^^THE LAST POINT THE PRESS NEVER ASKS.....The US military is what supports the fiat money supply. How do your ENERGY FUD numbers look now compared to BTC on a relative basis.

    MIC DROP.

    We have to stop listening to stupid people and stop listening to the press. They are now an enemy of the people.

    They will counter what about the hash rate in China........China is communist.

    The Answer to the industrial-military complex owned press:
    yes, let's better all of us use a fiat currency backed by warmongers of the Pentagon.
     
    JoeBranca, JanSz, ND Hauf and 2 others like this.
  2. Jack Kruse

    Jack Kruse Administrator

    I no longer worry about Biden or his policy because I have been vaccinated by BTC.
     
    JanSz, John Schumacher and ND Hauf like this.
  3. Jack Kruse

    Jack Kruse Administrator

  4. Jack Kruse

    Jack Kruse Administrator

    Timing is of the essence right now with BTC to help yourself before you are drowning in the tsunami wave of hyperinflation and economic reset. What is the time to get into BTC? You want to have a colonial position before Biden's Fed policy manifests under Yellen. Right now three things are the wind in the sails of BTC timing. Politics, COVID 19, and the coming economic storm. Right now most of the public and investing world are sleeping on the enterprise value of BTC as a new monetary network as these macro effects are occurring in our lives. Are consumers ready for a monetary instrument that holds its value while jobs are lost to technology platforms? No, I don't believe they understand its real value because the events of economic destruction are not obvious to 99% of the public yet. Does our current money system allow us to be prepared for what is the collateral effects? No, it was built for another world and a different form of government.
     
    JanSz and John Schumacher like this.
  5. Jack Kruse

    Jack Kruse Administrator

    BTC is a lot like Facebook and Amazon in their early days. They bring immense value to the user via their platform. Network effects are at the core of what creates their value. The major difference is BTC is 100% decentralized and this is why one day it will have a multiple much higher than Amazon
     
    John Schumacher likes this.
  6. Jack Kruse

    Jack Kruse Administrator

    These altcoins valuations make sense. Consider this one's metrics: - 28.5 Trillion supply - No supply cap - 1 controller node - 25% of supply minted in the last 6 months - 1% of holders own 30% Nevermind. I just described the US dollar's current ecosystem.

    THE LARGEST SHITCOIN IN THE WORLD.
     
    John Schumacher and ND Hauf like this.
  7. Jack Kruse

    Jack Kruse Administrator

    ^^^^^^ Just heard Biden has directed Yellen to add 6 trillion more tokens to this ecosystem now too............

    Get vaccinated with BTC.
     
    ND Hauf likes this.
  8. ND Hauf

    ND Hauf Pleb

    I wonder at what point the average 250% compounded return flattens out? A couple of my controllers and I have been working the white board on this one...….Wild ass guess right now is we average 71% compounded interest going forward over next ten years.....but this could sky rocket if entire Bond Market and gold market cap are both fully consumed not to mention sovereign wealth...…….
     
    Jack Kruse likes this.
  9. Jack Kruse

    Jack Kruse Administrator

    The financial crisis of 2007–2008 was a symptom of the Black Swan that the Central Banks all over the world had a viral illness. The doctors who should have regulated the system by treating the central banks as a dying breed put off the inevitable. The political choices made in 2008 have allowed central banks to hallow out the global economy and financial markets until someone figures out how to replace the system. This is what made the election of 2020 such a big deal in Washington DC. This should explain to you why 100% of Wall Street was supporting a Biden ticket. Biden has promised them a Treasury secretary that allows them to continue to print money until they can solve the problem they created. Do you trust them to get it right for you or your family?
    [​IMG]
     
    JanSz likes this.
  10. Jack Kruse

    Jack Kruse Administrator

    Congress could have solved "inequality" within 5 months in 2020 if they just gave every person in America 2 BTC when it was 7K in March of 2020. But the Misery Industrial Complex doesn't want the solutions, they want the problem to fester so they can take advantage of it.
     
    JanSz and ND Hauf like this.
  11. Jack Kruse

    Jack Kruse Administrator

    I suggest you read the book the Prize by Daniel Yergin to get the historical perspective of where we are today with oil, ESG, climate change, and alternative fuels.

    WW1 and WW2 were largely won because of who controlled the Prize of what Oil was to the world powers.

    Today the WEF has created the ESG narrative to regain control of oil. Many people do not realize the British Royal family lost control of oil in 1938 when the remnants of Standard oil got oil concessions from the Arabs of Saudi Arabia to search for oil. The Brits had controlled security in the middle east. They had the political power to get the oil due to their relationships.

    The British had never asked for this concession in the early 1930s because they thought the middle east was a sandpit and this is when the American oil companies got their geologist into the country and they knew from the jump that vast oil was below the sandpit.

    With a global depression on the one part of the American economy that was booming was the East Texas oil fields. From this boom, there was no depression for the people who owned the hardest version of money in the 1930s. OIL.


    Saudi Aramco is the world's largest oil producer and the world's profitable company. The company was established in 1933 and began drilling in 1938. It is primarily state-owned but raised $29.4 billion in a 2019 IPO and a greenshoe option in 2020.

    These Texans became the self-made tycoons who dominated world economics. They helped take the power of the British Royal Family in the middle east away when they formed Aramco.

    Right before Henry Wallace was replaced in 1944: The California Arabian Standard Oil Company was renamed the Arabian American Oil Company, or as we now know it, by its acronym Aramco. It was run by a consortium of U.S. oil companies — including the predecessors of Chevron, Texaco, and Exxon Mobil.

    Aramco oil is what fueled the Marshall Plan to rebuild Western Europe and Japan. The industrial-military complex made sure that American big oil controlled the Saudia Arabian reserves. This all went on as Isreal was becoming a country in the middle of Oil fields America was tapping.

    1954 the US government wanted to control Iranian oil. They got rid of Mosaddegh in 1953 to secure Iran and keep them away from Stalin. Oil, the hardest form of money, became political. The 1953 Iranian coup d'état, known in Iran as the 28 Mordad coup d'état was the overthrow of the democratically elected Prime Minister Mohammad Mosaddegh in favor of strengthening the monarchical rule of the Shah on 19 August 1953. The shah ruled as a constitutional monarch with authoritarian control. This mimicked how politics in Europe went before WW1. This was something the British wanted. A way to regain control of a new order to control people.

    Oil was the hardest form of money at the end of the last debt cycle. Today Bitcoin is the hardest form of money at the end of this debt cycle.

    Oil in the 1930s is like Bitcoin is today. 1930s Saudi Arabia is 2021 El Salvador. Most people are blind at what really is happening macroeconomically today.
     
    JanSz and John Schumacher like this.

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