Jimmy Hodlr

BIT BUY BIT

by @zaikaboy

support dispatch: https://citadeldispatch.com/donate EPISODE: 92 BLOCK: 778126 PRICE: 4202 sats per dollar TOPICS: Lionel Shriver is the author of The Mandibles - a book set in the United States in 2029 during a debt crisis that results in hyperinflation and economic collapse. twitch: https://twitch.tv/citadeldispatch youtube: https://www.youtube.com/@citadeldispatch bitcointv: https://bitcointv.com/video-channels/citadeldispatch/videos podcast: https://www.podpage.com/citadeldispatch telegram: https://t.me/citadeldispatch stream sats to the show: https://www.fountain.fm/ join the chat: https://citadeldispatch.com/chat

Today I wanted to expand on a theme I have been writing about for a while: that the green energy revolution is anything but green. In fact, the amount of metal required and the amount of fossil fuel needed to be burnt to make it happen means it will be extraordinarily damaging to the environment, while unprecedented amounts of CO2 will be released into the atmosphere.Moreover, unlike the inflation that resulted from Covid and the Ukraine war, which might yet prove temporary, Net Zero will produce inflation that will be prolonged and entrenched. In other words, Net Zero is not only deluded, but it will also be extremely damaging, both to the planet and to people’s lives.Here we explain why - and what to do to protect your wealth.How much more metal do we need to achieve Net Zero?I stumbled across a super talk this week by Mark Mills, author and senior fellow at the Manhattan Institute, called "The Energy Transition Delusion: Inescapable Mineral Realities". He argues that the current energy transition to renewable is based on a flawed understanding of the resources required to make it happen. Most of the evidence cited here is cited from that talk.Today the world gets a little under 4% of its total energy supply from wind and solar. That’s one-third as much energy as it gets from burning wood. I couldn’t believe that stat when I read it - are we still burning that much wood? - but that’s what the International Energy Agency (IEA) says. Wood still provides 350% more energy to the world than all the world's wind turbines and solar power combined.To get to this 4% level the world has directly spent something like $5 trillion (more than double UK GDP) in the last 15 years, and probably the same amount again in indirect spending, says Mills. An electric vehicle requires 400% more metal than a conventional car. To build a machine to replace a gas turbine, you need 1,000% to 2,000% more mineral to deliver the same unit of power. To deliver the same mile of driving, the same hour of heat, the same hour of lighting or the same hour of computer time the extra minerals required amount to anything from 2,000% to 7,000%Overall this amounts to an increase in mineral demand in the order of 700% to 4,000%. “Not to put too fine a hyperbolic a point on this,” says Mills, “this would be the largest single increase in demand or supply of metals in all of human history. It's never happened.”Where is all this metal going to come from?Mining cannot increase output whether by 700% or 4,000%, not in the next decade, nor in time for the Net Zero deadlines.We are thinking in terms of kilowatt hours instead of in terms of tonnage - and tonnage is what’s required to get those kilowatt hours. Mills says, “It requires both the extraction and movement of a quantity of materials equal to or greater than the quantities of materials that humanity extracts and moves and grows for all other purposes combined. The world's not capable of doing that with the technologies that exist.”Where is all this new metal going to come from? To take a mine from exploration and discovery to production takes 16 years. Even if you relax regulation (unlikely) and accelerate investment (not so easy) you are only at best going to shave a few years off that. To go out and explore for mines and develop them requires investment, which the industry has been starved of since 2011. What’s more, there’s no guarantee you will ever get a payback: exploration has a success rate of about one in a thousand. Let’s say you do discover something and start building a mine, what if commodity prices come down? You lose a lot more than your shirt.Then there’s the political risk, whether from activists campaigning to get your mine closed (many mine plans in Chile, for example, which is supposed to be a mining hub, have lately been ditched because of such objection) or from governments seizing the produce. Burkina Faso's energy & mines ministry issued a statement on Tuesday saying it had "commandeered" 200kg of gold from Endeavour Mining’s operations for "public necessity". The company will be compensated for its value, the statement added without providing further detail. Mining is starved of finance yet “the mining industry needs to deliver new projects at a frequency and consistent level of financing never previously accomplished,” says energy research company Wood McKenzie. Currently, the world is not even investing 10% of what’s required. Then there is the issue of refining. This is a major geopolitical and strategic issue. China dominates refining. 40% of the global copper supply is refined there, 35% nickel, 65% cobalt, 87% rare earth, 58% lithium. Never mind the strategic questions of handing China that much power, how environmentally friendly do you think Chinese refining is going to be? Chinese coal production for power generation hit a record last year. What will happen to energy and metal prices in all of this? Currently metals prices are a whisper in the broader inflation clamour. A sustained increase in the price of metals and energy of 300% or 400% will push up overall inflation. There is only so much you can hide with subsidies. Now let’s look at another cost, the environmental cost.As humans have extracted natural resources from the earth, they have become increasingly difficult to find and extract. A hundred years ago average copper grades were 4%. That is to say for every hundred tonnes of ore you process you might get four tonnes of copper. Today average grades have fallen to 1%. Other rarer metals require much more ore to be processed.“A half tonne battery,” says Mills, “requires 250 tonnes of ore to be processed somewhere”.  How the energy transition leads to pollution and climate changeTo produce the materials needed to realise Net Zero “will see the world consume fuels and emit carbon dioxide at levels that are unprecedented in mining history”, says Mills. Just nuts.Every time someone buys an electric vehicle (EV), they are essentially purchasing the previous consumption of 25 barrels of oil equivalent - half oil, half coal and natural gas. These hydrocarbons will have been burnt before even the first electron moves into its batteries on the road. By the time the electric vehicle first makes it to the parking space outside your home, it has already emitted 14 tons of CO2, compared to the 5 tonnes for the conventional vehicle. It’s not until the vehicle passes 60,000 miles that you end up with a net reduction. Humans require more and more energy as we grow more sophisticated. The Industrial Revolution increased energy demand. The automobile increased energy demand. The aeroplane increased energy demand. Computing increased energy demand. Drones and robots and AI are all going to increase energy demand. Surely, the answer is not to turn our backs on fossil fuels. The focus should be on developing cleaner and more efficient fossil fuel technologies, as well as improving renewable technologies.Unfortunately, the focus on renewable energy technologies has diverted attention and investment from the development of the cleaner and more efficient fossil fuel technologies we need.How to invest in the Net Zero transition So how to play all this? Do you think Net Zero diktats are going to change? I don’t. Governments are too scared of the environmental lobby to change tack. The way to protect yourself, I’d say, is to be long energy and long commodities. The likes of BHP or Glencore at the safer end of the market to juniors at the riskier end.However, what I have described above is not currently being displayed in energy and metals prices. Either the market has already digested and discounted the story, or it feels it is too far away to matter, or it thinks that governments will pivot, or it is not yet priced in. What do you think?The case for a secular bull market in commodities remains strong.If you are interested in natural resource companies, I cover them extensively. Please consider becoming a paid subscriber.Interested in protecting your wealth in these extraordinary times? Then be sure to own some gold bullion. My current recommended bullion dealer is The Pure Gold Company, whether you are taking delivery or storing online. Premiums are low, quality of service is high. You can deal with a human being. I have an affiliation deals with them.This article first appeared at Moneyweek. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Bitcoin Magazine Podcast

by @zaikaboy

The month of September is dedicated to pleb miners who will not unplug nor comply. The backbone of the bitcoin network, dedicated to decentralisation and freedom. Today I caught up with Diverter, the godfather of Pleb mining to talk about mining for the streets and why it’s more relevant now than ever.    Here’s the opening paragraphs to jog your memory in case you have forgotten.    Don’t fall victim to the narrative pushers that would have you believe mining is “too hard”, “too expensive”, or “better left to the big players”. Sounds an awful lot like the same thing bankers and governments tell the masses about fiat money and economics now, doesn’t it?    For years the narrative that has been pushed regarding Bitcoin mining is that it’s a fool’s game, better left to the professional mining farms and big players due to shrinking profitability. This guide aims to show that this is overly simplistic and narrow-minded in its view. In fact, as ways to acquire BTC without going through the dangerous KYC/AML verification process shrink, mining becomes more and more intriguing for the average user. By having the ability to create an account with no real verification required, you can simply hook up ASIC miners, plug them into a mining pool, and begin receiving payouts for your provided hashpower directly into your personally controlled Bitcoin wallet without providing any KYC/AML identifying data to be scraped.   If you haven’t already read this incredible article I suggest you check it out and click the link below.     Link to article - https://ungovernablemisfits.com/mining-for-the-streets/    Show guest   twitter - @Diverter_NoKYC   twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com       As always please feel free to reach out and ask me any questions.   Today you can exchange $1 for 5021 Sats (Sale ends soon.)   Thank you Foundation Devices for sponsoring the show.  Use code BITBUYBIT at check out for $10 off your purchase

► Intel's 30 Billion Dollar Bet on Bitcoin? Massive news from chipmaker intel but what does it mean for bitcoin? is it even relevant? we explore some pleb perspective on this big news. ► ETH's new proof of stake chain will come complete with censorship built in.. wait what? yeah this came directly from one of the devs involved, we explore the shenanigans going on with the worlds biggest affinity scam. ✔ Stats: ► https://twitter.com/btcede/status/1562413089269710848?s=28&t=g_dqdtlUIyr2B7xlYpcySw ► https://www.statista.com/statistics/1267541/germany-monthly-wholesale-electricity-price/#:~:text=In%20July%202022%2C%20the%20average,registered%20in%20the%20displayed%20period. ✔ Bitcoin Hopium: ► https://twitter.com/anthonydessauer/status/1409626607484952578?s=28&t=qrBMSdkvu5y0ZZPG4OOt7g ► https://www.standard.co.uk/business/mastercard-binance-bitcoin-payments-high-street-stores-crypto-b1020543.html ► https://www.wsj.com/articles/intel-inks-30-billion-funding-partnership-with-brookfield-to-finance-chip-factory-expansion-11661254261?mod=djemalertNEWS ✔ Shitcoin Corner: ► https://twitter.com/hodlonaut/status/1561733419574362112?s=21&t=_4MrcXfEjEFpa5w1-7NvHA ► https://mylegacykit.medium.com/craig-wright-the-fraud-that-didnt-make-it-to-the-court-rooms-yet-15649d444502 ► https://twitter.com/dylanleclair_/status/1560379782226903040?s=21&t=_l8NwBHwRLXUFzBD3xcl2Q ✔ Twitter Handles: @coinicarus @AEHW1 ✔ ShoutOuts: ► @BitkoYinowsky - our PlebUnderground Logo ► @WorldofRusty - Our YT background ► @luckyredfish - Outro Graphic ✔ Links Mentioned: ► https://www.defendingbtc.com/ SUPPORT HODLONAUT ► https://bitcoinops.org/en/newsletters/ ► https://lists.linuxfoundation.org/mailman/listinfo ► https://twitter.com/Arthur_van_Pelt (my legacy kit was suspended) ✔ Check out our Sponsor, support Bitcoin ONLY Businesses: ► https://www.cryptocloaks.com/ For all of your 3D printed needs: Bitcoin Node Cases, Lightning Network Code Cases, BTC keychains, coasters, and a whole lot more , Printed By Bitcoiners for Bitcoiners! ► https://www.representltd.com/ It's your life...represent accordingly. Sweatpants, Tees, hoodies, a huge variety of Fresh Great Quality clothing by a Bitcoiner for Bitcoiners! Timecodes: 0:00 - Intro 0:39 - BTC Stats 10:37 - Hopium 22:07 - Shitcoin Corner #Bitcoin #crypto #cryptocurrency #weekly

BTC $ 19,924 Today's guest on the show is @Machankura8333 who joins me to talk about how he is helping #bitcoin attain escape velocity! Join @Machankura8333 and I as we unpack what he has been building in #Bitcoin and how he has found a way to transact without an internet connection! Will @Machankura8333 be able to onboard 100 Million new users to #Bitcoin? What are the challenges, why are people in Africa primed for this service and how can the plebs from around the world help him? This was an incredible rip, thank you @Machankura8333 for everything you are doing for #bitcoin! If you want to ping @Machankura8333 some sats, simply send them to sigidli@8333.mobi from your favourite Lightning wallet! Hit up @Machankura8333 at https://8333.mobi/ Find the translation project here @ExonumiaAfrica https://exonumia.africa/int/en/translations/ Pleb Service Announcement. Liberty in Our Lifetime Conference is taking place in Prague from October 21-23. Find out more and get your tickets at www.lifetimeliberty.com and follow @LibertyIOL on Twitter Code ‘Princey’ for a discount. Thank you: @coincorner @swanbitcoin @relai_ch @ShiftCryptoHQ @BTCreserveHQ @bitcoindayio for your trust and support. You can also support the show by using the @Breez_Tech App and @fountain_app by searching for the Once BITten Podcast! Support the pods via @fountain_app https://play.fountain.fm/show/2oJTnUm5VKs3xmSVdf5n Shills and Mench’s: SWAN BITCOIN www.swanbitcoin.com/bitten RELAI www.relai.ch/bitten SHIFTCRYPTO http://shiftcrypto.ch/bitten Code BITTEN COINCORNER https://www.coincorner.com/social/princeySOV BITCOIN RESERVE - www.bitcoinreserve.com/bitten LIBERTY IN OUR LIFETIME CONFERENCE. Early bird tickets at www.lifetimeliberty.com Use code Princey for a discount and follow @LibertyIOL on Twitter BITCOIN DAY CONFERENCE https://bitcoinday.io/ Use code OB10 at checkout for a 10% Discount. SATSBACK - Shop online and earn back sats! https://satsback.com/register/5AxjyPRZV8PNJGlM UNGOVERNABLE MISFITS - Radical uncensored streetwear - https://ungovernablemisfits.com/?um=bitten Use code ‘bitten’ for your 10% discount. KONSENSUS NETWORK - Buy bitcoin books in different languages. Use code bitten for 10% discount -https://konsensus.network?ref=bitten BALTIC HONEY BADGER CONFERENCE - https://baltichoneybadger.com/ Bitcoin Amsterdam 2022 - https://b.tc/conference/amsterdam Use Code BITTEN for a discount. @thebitcoinconf Pacific Bitcoin Conference - Put on by Swan Bitcoin. Use code PRINCE for a discount. https://www.pacificbitcoin.com/ @pacificbitcoin

► Are Bitcoin Plebs Bad For Business? Its a serious topic that often gets muddied up. During Pirates breakdown of how the plebs got started we get into this and try to figure out what is true and not. ► Shitcoin Corner: We've been out of touch for 2 weeks and it seems the same games are being played. we dive into some cringe gaslighting from the government. We examine an article suggesting it may be more difficult than we think to spot and stop the next 'Celsius' or 'Luna' ✔ Special Guest: @PirateBeachBum2 ► http://plebunderground.com/ Stats: ► https://timechainstats.com/ ✔ Bitcoin Hopium: ► https://bitcoinmagazine.com/markets/blackrock-to-offer-bitcoin-in-coinbase-partnership ✔ Shitcoin Corner): ► https://twitter.com/rothmus/status/1554236197978914817?s=28&t=vO1FaqDVDIkqkM2sw8Zp6Q ► https://twitter.com/zerohedge/status/1554640184062386177?s=28&t=uuwWrW_zxfXbCn9ORM5iBA ► https://en.wikipedia.org/wiki/Subprime_mortgage_crisis#:~:text=By%20September%202008%2C%20average%20U.S.,worth%20less%20than%20their%20mortgages. ► https://twitter.com/Southrye/status/1554679752430161922 ► https://twitter.com/ap_bitcoin/status/1556226685464645633?s=28&t=1Hd9V1kULT2TJw4AM1OfGw ► https://cryptonews.com/exclusives/how-spot-next-celsius-before-its-too-late.htm Timecodes: 0:00 - Intro 0:54 - BTC Stats 4:00 - Shitcoin Corner 39:07 - Hopium 48:51 - Pirate Interview

Pleb UnderGround

by @zaikaboy

The ramblings of a mad man or a beautiful mind? I’ll let Alan be the Judge of that! Literally talking to the man in the mirror, having changed my ways continually looking to learn & improve, do you see what I see? If you enjoy the episode, please leave a comment or short review after listening. Featured tracks: (Intro & Outro) Untitled – produced by Pomp3yEnt Featured links: CoachCarbon.Life Coach Carbon on Link Tree Fountain FM Coach Carbon CoinCorner referral – ‘Create an account and get started with some free bitcoin.’ Coach Carbon CoinCorner Business referral – ‘Open your business to the global community & get bitcoin on your balance sheet.’ Recommended read / watch / listen: ‘Ikigai: The Japanese Secret to a Long and Happy Life’ by Francesc Miralles and Hector Garcia Master of Slave and Money by Robert Breedlove

Arseblog - the Arsecasts, Arsenal podcasts

by @zaikaboy

Gerald Celente - Trends in the News

by @zaikaboy

When men feel blue, who should they turn to? Marcus Blount is making himself available, creating safe spaces to talk about mental health and sharing his experiences with the hope of helping at least one person. From this conversation, you’ll see that he is well on his way! If you enjoy the episode, please leave a comment or short review after listening. Featured tracks: (Intro & Outro) Untitled – produced by Pomp3yEnt Featured links: Men Feel Blue – Instagram Men Feel Blue - Facebook Men Feel Blue crowdfunding – Just Giving We Are Mindful – Lucy Cropper Coach Carbon on Link Tree Fountain FM Coach Carbon CoinCorner referral – ‘Create an account and get started with some free bitcoin.’ Coach Carbon Bitcoin Reserve referral – ‘Learn about Bitcoin and buy at Bitcoin Reserve.’ Recommended read: ‘Ikigai: The Japanese Secret to a Long and Happy Life’ by Francesc Miralles and Hector Garcia