Is "Green Bitcoin" A Good Idea?

Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/

Join the Trader University email list:
https://www.trader.university/email-list

In this video, I discuss how "green Bitcoin" and how seeking to attach ESG tags to Bitcoin UTXO's is an attack vector from the fiat establishment.

Kowtowing to regulators over Bitcoin mining will never work in the long-term. Once you are able to prove to them that your Bitcoin has been mined using only renewable energy, they will move the goal posts and say that Bitcoin mining still needs to be banned, because it using ANY energy at all is a waste of energy.

Seeking to determine what is green Bitcoin and what is not is clearly an attack vector. It's just another attempt, made by people who fly on polluting private jets, to seek to control Bitcoin and Bitcoiners.

Once you agree to their framing of the problem, you have already lost the fight. For this reason, it is probably best not to engage in these discussions with our fiat overlords. Tell them to go fiat themselves.

Forget about being green; try to be more orange.

Orange is the new green. A Bitcoin standard will help to solve the many, many problems that have been caused by the fiat standard. "Fix the money, fix the world."

Not investment advice! Consult a financial advisor.

Does Bitcoin Waste Energy?
https://www.youtube.com/watch?v=xxmNkFhsAHE&ab_channel=TraderUniversity

Bitcoin and the environment:
https://global-uploads.webflow.com/61d2416d1d63f07ecbfd010c/6269b2b0f7583e175cce2464_Key%20Facts%20on%20Bitcoin%20_%20the%20Environment-03%20_1_%20_1_%20_1_%20_1_%20(2).pdf

Fact-checking Bitcoin energy FUD:
https://global-uploads.webflow.com/61d2416d1d63f07ecbfd010c/61e06fd0387be5288a07d9d6_Climate%20Organizaions%20Crypto%20Letter-01-13-01.pdf

Billionaires trying to control Bitcoin through ESG:
https://www.coindesk.com/business/2021/05/24/kevin-oleary-doubles-down-on-green-bitcoin/
https://www.bloomberg.com/news/articles/2022-03-29/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code

Chris Larsen has his own problems:
https://www.sec.gov/news/press-release/2020-338

EU regulator wants to ban energy-intensive bitcoin mining:
https://nypost.com/2022/01/19/eu-regulator-wants-ban-on-energy-intensive-bitcoin-mining/

WEF partners:
https://www.weforum.org/organizations/mcdonalds-corporation
https://www.weforum.org/organizations/starbucks-coffee

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#BitcoinMining
#ESG

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.