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Newsletter: Coinbase threatens me that continuing to report on their activities would be “.... unwise”. Also, election spending hits a fever pitch, with several new crypto PACs coming out of the woodwork.

citationneeded.news/issue-69/

#crypto #cryptocurrency #USpolitics #USpol

in reply to Molly White

The comparison to what cockroaches do, scurry under the kitchen cabinets when you turn on the lights, is accurate.

Cryptocurrency is financial fraud with national security implications.

There's a reason why they're targeting Elizabeth Warren, Jon Tester, and Sherrod Brown...they want to commit fraud unfettered by oversight & regulations.
cnn.com/2023/01/25/investing/c…

When even Iran's Hamas resorts to cryptocurrency, you know why the GOP adore it.

politico.com/news/2023/12/19/e…

Nicole Parsons reshared this.

in reply to Nicole Parsons

@Npars01 And never mind the huge environmental cost (in terms of CO2 emissions) of cryptocurrencies...

Nicole Parsons reshared this.

in reply to Richard Michael Blaber

Cryptocurrency tech is funded by petro-state despots for a lot of reasons.

The first is to create a new dependency on fossil fuels. AI data centers. NFT's. Data mining.

They all place pressure on a poorly maintained grid trying to go green but facing unexplainable wasteful energy hogs like cryptocurrency.

In response, utilities compliantly bring back coal-fired generation plants, or restore nuclear plants.

Climate disaster, with a side of nuclear proliferation.

This entry was edited (1 week ago)

Nicole Parsons reshared this.

in reply to Wulfy

AI, cryptocurrency, data centers, NFT's etc. all share the same source of venture capital -- The Saudis.

Cryptocurrency is the perfect mechanism for evading oil sanctions.

AI provides automation for the money laundering, plus plausible deniability.

forbes.com/sites/iainmartin/20…

mei.edu/publications/beyond-oi…

al-monitor.com/originals/2024/…

kitco.com/news/article/2024-06…

al-monitor.com/originals/2024/…

al-monitor.com/originals/2023/…

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This entry was edited (1 week ago)
in reply to Nicole Parsons

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It's obvious that a rapid phase out of fossil fuels must happen

Cryptocurrency & AI are signs that petro-state despots are laying the groundwork for the future, if they fail to buy a Trump presidency.

Wall Street, #KochNetwork, #AtlasNetwork, OPEC, & BRIC are gearing up for a seismic shift in the trade; where fossil fuel is traded globally as a black market economic commodity, as their toxic product is phased out.

Instead of monitoring Musk's private jet flights, monitor oil tankers...

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