EV

Amber_Sam

FOR-EV-ER, Laura.

SaiiBoii

Well at least with crypto roulette there's a +ve EV given that you'd hold a coin long enough.

jaylinenj

Boxable energy efficient tiny homes, Dogy computer AI, EV boats and yachts, EV motor homes ,even a flying car ……

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RetNJ

“Crypto Twitter” is literally AI manipulating your decisions. It’s unfortunate that machine learning and neural networks are being used this way. Makes sense why an EV climate change ex-liberal would buy twitter, partner with a NYC billionaire with ultimate control and ties to the biggest Wall Street institutions. In the end they’ll claim it was to slow China’s growth.

OliverMonster1

I don't understand why Reddit is willfully blind to this point. Like those 80,000 IRS agents they will hire will "only" go after wealthy (more difficult) tax payers instead of more lower income ones that are easier to steamroll. Not to mention if you factor in deficit spending, what value does additional tax dollars have? Are we going to get more EV chargers like maybe 15 instead of 4 in 4 years? Or maybe they'll subsidize housing down payments so the average cost of housing can increase accordingly.

Amber_Sam

>At some stage not long from now, Satoshi Nakamoto is going to be the richest person on the planet. Nobody knows who Satoshi is, yet some people pretend to know how much money he has. No, he doesn't have 1MM BTC, that's just a myth, spread by shitcoiners. >Would you like to know who it is? No. >or would you prefer if he stayed anonymous forever? Yes. >Bonus question: what do you think actually will happen about his identity? Do you think he will reveal himself or do you think they will stay anon forever? Anon FOR EV ER.

No_Turn7267

I’ve conservatively convinced dozens. Over the past 5 years but none in the past 12 months. The key was to forget bitcoin and focus on what expected value is. I would map out a scenario like this. Let’s pretend I offer to play a gambling game with you. If it’s heads you give me $1 and if it’s tails I give you $3. Want to play? Yes because you have an EV of $2. Meaning if I flip 1000 times you will net $2 on average. Now let’s say BTC was at $30k. Let’s say there’s a 50% chance that goes to $150k (5x) in 3 years and let’s say there’s a 50% chance that it goes to 0. EV = (-$30k x .50) + ($150k x .50) EV for one BTC = $45k. Anything greater than zero technically makes this a good bet. Now you consider your risk tolerance. You still don’t want to bet the farm, but you’ll want to have something. With btc at $60k now, it’s a bit harder to make the math justified to a novice, but it was much easier when btc was $6k - $40k. I realize it’s

jetylee

We deal with this with the EV world as well. Which Grid? Everyone thinks the US is one big grid and then we hear "oUR GriD KaNT HanDLe iT!"

omg_its_dan

Everyone definitely doesn’t use leverage. Buying over time (DCA) and holding will always be the safest and most effective strategy for 95% of people. Way too many amateurs think they can beat the market and almost all will get wrecked long term. Using leverage or day trading as an amateur trader is virtually always -EV regardless of the outcome of any one trade. Anyone can get lucky in the short term but results will always revert to the mean over enough of a sample size.

Pretend-Hippo-8659

For EV?

Amber_Sam

58k FOR-EV-ER, Laura.

greenskeeper01234

The EV comment—I don't know what you're referring to, but I'm assuming it was a joke he made. And if it wasn't, please educate me with a source of Trump claiming to support the EV mandate (which would forcefully make Elon billions). And the $1 billion from oil executives, I'd also love for you to give me a source where that's a proven fact. That news came from The Washington Post and The New York Times, which was from "someone with knowledge of the meeting."

greenskeeper01234

Elon is still donating to Trump even though Trump wants to get rid of the EV mandate. In regards to "they all have their own interest in mind" — I find that very interesting, don't you?

OkBurner777

I agree with the risk sentiment, I’m definitely more bearish on the market this fall than bullish, tons of uncertainty after the huge tech run up this winter/spring. Naturally, I think that a massive expansion of tech - AI, chips, rockets, etc, has to be followed by expansion into energy. This is also supplemented by the geopolitical considerations you mentioned. Whether the tanks are ICE or EV, they’ll need a lot of juice. However, no energy stocks are being talked about, and there is lots of uncertainty in nuclear and renewables. Oil & gas stocks are good for old guys to park money in, but they don’t really move like growth does.

jetylee

We just ignoring the fact that they charged their EV too! Thats like $5 on top of this exorbitant bill!

TheGreatMuffin

lump sum = higher expected value, higher variance DCA (averaging) = lower variance, lower expected value The two main questions you have to ask yourself: can you stomach a drop down 10%, 20%, 30% or something like that the day after you bought? And are you comfortable with holding such a large sum in bitcoin in the first place (meaning, have you got a hardware wallet, have you done a proper backup, did you test your backup, do you know what to do if your device bricks, do you understand what a seed phrase is etc etc). If the answer to both question is a yes, then you might consider lump sum. Either way, it doesn't matter that much either. One argument in favour of DCA beyond pure EV is that it gives you a bit of time to get accustomed to bitcoin storage/transactions before jumping in with larger amounts. This is all under assumption that you can stomach losing all your money completely and your life will still be fine. Don't invest what you cannot afford to lose and all that.

Arkfoo

You can do whatever you want, but don't tell me Trump is going to change anything regarding crypto. He is a convicted felon, rapist and patholigical liar. I mean he just change his stance on EV because musk all of the sudden backed him after sucking off the Coal/Gas industry, the guy swings whatever the way he can get more votes or money.

nambrosch

Time for an EV

Strykerdude1

Find someone with an EV that goes to charging stations and offer them a better deal to charge at your house

jetylee

I bought a house with bitcoin. The idea of living the American Dream without a mortgage is a feeling I can’t even describe. At times I even feel guilty when talking with peers. I also bought an EV with crypto (and a muscle car, but that’s obviously gas) and the savings with an EV never getting gas was a no brainer. I still have plenty of crypto, but these two large purchases made total sense to me when discussing “best bang for your buck.” Try asking friends and family without giving away too much info, what they think it would be like NOT having two of some of the largest normal monthly bills that people have. They’d probably say they’d love it. Do it.

satoshiwife

He's mad because Donald trump doesn't like EV that much

excelite_x

Yeah I can see why you’d want to read that meaning from it, however: 1. Cheap energy is wanted by everyone, all of the producing industries, as well as consumers. So how does he want to do this? He talked about EV charging stations that were installed… what does this have to do with the topic? 2. That’s a point I’m not so sure about he basically hab both of them in the same sentence right next to each other… to me this only means he had someone to tell him don’t mention one without the other. This is the most basic approach to not mix things up if you have no clue what you’re talking about… have done that myself as well for this very reason 😂 just on different topics 3. So why not have anything at hand if you’re allegedly pro something? Means, policy wise he’s blank on that topic 🤷‍♂️ and this is my main concern. He keeps talking about how bad the others are, yet he doesn’t have anything to show for. When you go to a convention to give a talk, at least have a basic idea what you want to change and how to make an impact in the industry. Promising to draft up something after you got elected is simply not enough for me. Give me something proper to be bullish on, not empty promises. We all know how politicians are: they promise something and then it gets forgotten about. Provide a proper measurable policy so I can evaluate if it’s good for me or not. 4. The current administration basically ignored crypto and left everything as is, so they didn’t reverse what his administration implemented… that doesn’t really count 😂 you can’t blame someone for not Unding your own doing 🤦‍♂️ 5. I’m not so sure yet this is a good idea, I prefer to not have the government involved in this (at least just to take assets and block them). My issue with this is that this requires proper safety mechanisms and that if governments get involved some moron is going to take some shortcuts. But we’ll have to see and find out how this turns out in reality. 6. So another promise he can’t fulfill at all. Another thing he has no clue about. 7. And yet again, not even a concept on how to achieve this. I’d prefer someone who knows what is actually needed to push a topic when a candidate is talking about such topic, I want someone who at least understands understands that there are two basic concepts in crypto and how to make laws on how to push each. I want someone who is able to focus on the topic he talks about, not draft away into mud slinging at a former opponent who already dropped out already. Further, to me it’s super disrespectful to have an audience waiting for close to an hour, just to talk stupid crap on newsmax instead. This shows to me he has no importance to this topic at all.

ualdayan

Unfortunately I think it's been said too much at this point - people are fatigued with it. Eg - 'we need you to register your vehicle and pay annually, it pays for the roads, don't you want roads?', 'we need you to pay an extra $300 a year for that EV because you aren't paying the gas taxes, don't you want roads?', 'we need that sales tax percentage increase because the cost of everything has gone up and we need that extra money for the roads', 'we need that income tax money, don't you want roads?'. Then on top of all of that you have local/state governments handing over roads to private companies to run them as 'express lane' for-profit enterprises.

TheNextBitcoin

I was nodding along until used EV and I realized you no smart.

DrXaos

> I'd also argue that until we can find a way to source the large amounts of materials necessary for EV batteries in an ethical manner, The ethics of extracting petroleum is at least as bad as that for EV battery materials. And more and more of the EV battery materials will be recycled from old cars. Petroleum is burned.

me2be1989

I agree, was going to comment with saying I agree with some of his statement but exclusively disagree with the EV. That ev is a down payment on a real investment on its own. Ev is worst investment you can make. No resale value. Battery replacement garenteed in time. Buy a decent cheap car cash maintenance and gas is still going to be extremely cheaper then a EV tag price. 7 years later your car is still running on nickle and dime maintenance unlike the EV that needs another several thousand invested into it for a battery typically in this duration. Ps I also had 2 civic coupe manuals. I paid 1000$ for the 07 nearly mint it got tboned after 5 years of owning it. Then I bought a 06 $1200 great shape still running to this day. Id rather feed my Honda 30$ a month then pay a third the price of a nice home for a EV doesn't seem cost effective to the point hes stating.

Glum_Aside_8076

Batteries blow, less likely an entire engine fails completely then a battery for an EV

HamburglarsHelper84

I own a 2016 Honda Civic that gets up to 41mpg highway, and my dash shows my average mpg at 31.9mpg. I’m comfortable with that right now, and haven’t considered a hybrid or EV because replacing batteries sounds like a nightmare.

ItsAConspiracy

EV batteries these days are likely to last longer than the rest of the car.

Ch40440

People have no idea about the longevity of EV’s. Not a great investment until we further improve them

Glum_Aside_8076

Yep EV's are junk, we're not ready to rely on 100% on batteries. Too many cars are junk because the battery fails. I think solar seems legit, if I had an excess amount of money and a home I was planning to stay in I'd probably get it too. I'd probably also buy or finance a rental house with 2 apartments I can rent for another form of future income. I'd definitely buy more crypto in the bear market and make a killing next cycle though.

dfci

I think this is good advice, but I'd argue a hybrid is more practical than a full EV, especially plugin versions. A plugin hybrid is basically an EV if you're just making short trips around your local area, but also capable of long trips without needing to recharge. Also, they still work as just regular cars if there is some issue with the battery or electrical drive system. I'd also argue that until we can find a way to source the large amounts of materials necessary for EV batteries in an ethical manner, PHEVs are the more sensible and morally responsible use of the battery materials we do use.

obliterate_reality

Im on team early 2000s honda civic over a used EV

dumthac1

So now liberals are against EV Tesla, and crypto? Wtf is wrong with y’all?

Gr8tshag

And that would be Lam-bo an ugly Chinese EV.

Curious_Clive

Not really sure tbh. Just make as much money as possible really. I get that going balls deep in BTC for the next 5 years or so is probably the better EV play, but l am not sure l could stomach it if things went south. Although there isn't really any reason that would happen.

Tobye1680

That's your opinion. If you DCA into BTC, over time you could have random emergencies and liquidate some of your BTC to deal with those emergencies. What is the EV differential (between that scenario and holding fiat)? It's not hard to see that you will be in a better position holding BTC.

Tobye1680

I'm not stupid with my finances. USD decreases in value. BTC increases. If you pick a random time period, the EV is that it's better to store your emergency fund in BTC. The only caveat to this is if you're near broke already, in which case you have no business holding BTC anyway.

biba8163

> If you actually look for it, there is a ton of development on Algorand behind the scenes. It's 2024 and you are still falling for bullshit shitcoin hype? Did you not learn from the countless shitcoins with shitcoin hype, bullshit partnerships and scam use cases to that lured fools to buy their token and while coin value flushed down the toilet? > IBM ipartnering with Stellar to build the World Wire on the Stellar Network for open source financial services network https://www.signifytechnology.com/blog/2018/07/ibm-to-use-str-coin-on-stellar-blockchain > Cardano is going to digitize identification in Africa and IOHK is helping trace Ethiopian coffee beans through the supply chain. https://www.coindesk.com/markets/2021/04/30/cardano-in-africa-inside-iohks-ethiopia-blockchain-deal/ > IOTA's partnership with Volkswagen, Jaguar, Bosch, tracking data and earning while you drive. https://www.jaguarlandrover.com/news/2019/04/money-earn-you-drive-jaguar-land-rover > Vechain partnered with countless companies including Walmart and BYD (largest EV manafacturer in China) with supply chain and carbon tracking memes. https://twitter.com/BYDCompany/status/1037605045309591552 > ICON had a partnership with Samsung and a ton of other companies. https://globalcoinreport.com/icon-icx-partners-up-with-samsung-thanks-to-chain-id/ > Constellation Network to Provide US Air Force With Blockchain Security https://www.coindesk.com/business/2021/08/26/constellation-network-to-provide-us-air-force-with-blockchain-security-for-data-sharing/ > Factom partnership with the US Department of Homeland Security for immutable data ledger on multiple blockchains. https://www.dhs.gov/science-and-technology/news/2018/06/15/news-release-dhs-awards-austin-based-factom-inc-192k > The South Australian Government conducting official election using a blockchain-based voting system (using Horizon State) https://micky.com.au/blockchain-technology-used-by-south-australian-government-to-conduct-election/

SC2000c

Ridiculous comments… I’m guessing you think EV car batteries turn to compost . Don’t be an idiot. Fiat banks have an exponentially bigger footprint than BTC. Read a book .

Ashamed_Town8911

They could, but Zypto is already doing it. Think about Tesla. They came on the market offering EVs, which could have been done long before by any of the dozens of legacy automakers, but they were slow to adapt. Tesla captured so much prominence and market share that they became a dominant force in the market quickly. And I believe the crypto market has much larger potential than the EV market. Also, there is a lot of room out there for several big players in this sector and Zypto is forging ahead. They will definitely be one of those players. Also is the advantage of being an ERC20 token. When BTC and ETH inevitably go up much higher, Zypto will get a boost from ETH on top of all of the clients they are adding on a weekly basis. Zypto may or may not become the largest company of it's kind, but regardless it has a LOT of growth potential.

the_lone_unlearned

Yesterday a private early stage solar EV company I am invested in a little bit announced they will take cryptocurrencies from investors. I was like oh that's cool, Bitcoin (and cryptocurrencies in general) making another small use case step. Then I went to the subreddit for the company and there were a couple posts about it slamming the company for this move, and all the comments in both threads were calling cryptocurrencies a scam and saying this is proof the company is dead. We are so early. It's gonna be a long hard grind, convincing most people that Bitcoin is the opposite of a scam. It'll probably take a couple decades, but society will get there eventually. By that time, people who didn't even start buying Bitcoin until the mid-2020s (now or anytime soon) are gonna realize they got in very early in Bitcoin's adoption. For every one new person who learns about Bitcoin there are probably 50-100 people who think it is a complete scam. Challenge is going to be to educate the majority out of their stubborn misinformed beliefs.

Big-Transition-3972

Could hurt productivity at all levels. Businesses take on debt to expand. Think Apple. Apple takes on debt for new products (eg EV that was a bust). If the risk of the debt was too great companies might not expand. It’d be better to keep BTC on the reserves than spend it to expand. BTC helps though that can afford to not spend it but hurts people and businesses that need to take on debt.

4lt3r3dR341ity

Las Vegas is a very hot and tricky spot to get good electricity rates. I found a few tricks, business buildings have different elect rates; I utilize this. When I mine at “home” with over 600 amps worth of juice, I typically do so with an EV incentive from the state where elect rates are cheaper 9/12 months of the year. (The other 3 months, we simply don’t mine at “home”). Additionally, I found incredibly cheap electricity with Dixie Power in St George Utah! If you’re able to set up shop there, I’d high recommend it.

Disavowed_Rogue

Don't forget to claim the rewards on your taxes, it is considered income. Also, the EV benefits are also awesome as there are not many cards that do that.

HighlightTiny9896

When the Satoshis Supply shock occurs. The world will start pricing goods and services in Satoshis. When that day comes, we will be able to buy a 10,000 square foot 21th century 3D printed luxury smart homes in for only 10,000 Satoshis you will be able to buy a new luxury EV for 1,000 Satoshis. And (1) million Satoshis will support A family for generations like one million dollars did back in the 19th century. Let's not forget the true value of Satoshis. "keep on buying and holding you been WARNED"

Frogolocalypse

Bitcoin subsidises energy for its people, which is why they've gone towards EV's in such a big way. China does it too to the same effect. That's why they don't like bitcoin mining. They view it correctly as using taxpayer dollars to subsidise bitcoin mining companies. The US, on the other hand, has almost no energy subsidies. Now that they're well on the way to phasing in renewables, they'll likely eventually have the cheapest energy in the world without them. And that's great for bitcoin.

CleazyCatalystAD

Tesla is an AI play; not just EV’s.

soliton-gaydar

Nah, just Bitcoin. Gas cars are plenty fine. I'd like to buy an EV, but I'm not exactly keen on doing the research yet into the pros or cons of the tech, so I'll keep driving on. Your solar flare is going to knock out the EVs, so you might be better served getting a bicycle. It's good for cardio, as you'll need it to plant your crops in time for the harvest, where you present them to the local warlord after they ritualistically sacrifice one of your people to appease their bloodlust.

omg_its_dan

Lol, that’s not at all what we’re saying. Learn how expected value (EV) works. Sure, holding long term is still “gambling” in the sense there is an element of chance. But considering the 200 week moving average has *never* gone down, and adoption is only increasing, the chance of BTC’s value decreasing over the long term is extremely low. It’s a highly +EV decision to buy and hold and doesn’t require any special skills or knowledge. The edges for trading short term are small even for experienced traders. When a novice tries to day trade Bitcoin, they’re almost certainly making -EV decisions even if a couple of trades do work out due to positive variance. Over a higher sample size they almost always end up losing.

Scottex99

Don’t get married to alts and their supposed utility. Regardless of what Amp can and can’t do, it’ll get fucked if BTC goes to $20k again or a black swan event happens. I’ve held hundreds of alts since 2017, most of which I don’t really know what they do and don’t care. I buy them because they are or might trend and try to use bankroll management to take profit at reasonable levels. BTC/ETH is likely to be the most sold +EV long term play

moneyevery3days

Tezos projects with real world use Werenode - an EV charging network with 450,000 charging stations across Europe. California Department of Motor Vehicles uses Tezos. Smartlink - web3 marketplace. Tezos has Etherlink and new dapps are in the making now https://x.com/nico_st_29/status/1796150512124875104?s=46&t=GXOW7Hx3cIJEwlWx9HumAA - Etherlink solves sandwich attacks https://x.com/s4mmyeth/status/1755563362166137100?s=46&t=GXOW7Hx3cIJEwlWx9HumAA and Etherlink is an actually decentralised Layer 2 EVM (Ethereum-style) network that's faster and cheaper than existing networks, doesn't require an L2 token. Because it supports solidity there could be a big increase in dapps coming to Tezos. Tezos is about to have a major upgrade next week which will introduce adaptive inflation, increase the % of staked tezos (reducing sell supply) and reduce block time to 10 seconds. https://x.com/tezberrypie/status/1792586081214333177?s=46&t=GXOW7Hx3cIJEwlWx9HumAA Here's a video explaining why Tezos: https://x.com/coindesk/status/1621245220850487298?s=46&t=GXOW7Hx3cIJEwlWx9HumAA

dannyboy1901

cost to mine vs EV would be the ideal metric for comparison

Aerocryptic

I agree for the most part. I wanted to know if the memecoins enjoyers know how to calculate an EV tho lol

neitze

Sounds like running it up at the table and losing it in the pits on the way out of a casino. Hopefully you still have some earning years on the horizon. Crypto was definitely big in the poker community back then, though I doubt 5% of the people engaging with it then and there actualized any significant returns. We will always hear of the few who hit it big, by some chance of pure luck or conviction, and wonder, "what if?" Such is the nature of comparison. I know I was using those funds to play and largely unconcerned with the price as it was treated as an uncensored medium of exchange. Transaction costs were a fraction of what they are now - so the concept of a digital cash was actually being utilized, with gas fees being a fixed tax on every on-chain transaction. Running a full node for Bitcoin core on my home PC probably saved me the headache and temptation to outsmart the markets by using intermediary trading platforms. Sounds like you had a high risk of Ruin in your margin trading. Were you calculating EV at the table and throwing BR management to the wind on trades? Were smaller markets being easily manipulated to liquidate traders? How much leverage are we talking, and curious what your risk profile looks like today.

BathroomEyes

Are you kidding? Sure he had a heard start but nearly every automaker has now entered the EV space (especially in China) and they’re eating Tesla’s lunch. That’s why Elon is executing panic layoffs. He was caught flat footed. “We’re not an auto company we’re an AI company now.”

-H2O2

Idk man, if pushing a nascent EV industry to become one of the most popular cars in America (and globally) was easy and just marketing and investments, why haven't other companies done it? Why haven't the big 3 automakers done what Tesla has done? Elon is a tool, 100%. But he had a vision, he gathered the right people, he convinced the investors to give up their cash, and he made it happen. If there were 100 other companies out there doing what Tesla did, I'd say sure, Elon isn't anything special. But there aren't, so he is. Again - definitely a tool. But a lot of tools throughout history have had an impact on the world.

-H2O2

I didn't realize that all he did was the Cyber truck. I know he's kind of a tool, but you can't really deny his impact on the energy storage and EV industry.

IIRiffasII

Biden literally just signed tariffs that would make EV and solar adoption harder.

TheGreatMuffin

> That being said. Is there any downside to starting to DCA now with small amounts every week? Or should I just be putting the majority of my investments into btc as a lump sum now. lump sum = higher expected value, higher variance DCA (averaging) = lower variance, lower expected value The two main questions you have to ask yourself: can you stomach a drop down 10%, 20%, 30% or something like that the day after you bought? And are you comfortable with holding such a large sum in bitcoin in the first place (meaning, have you got a hardware wallet, have you done a proper backup, did you test your backup, do you know what to do if your device bricks, do you understand what a seed phrase is etc etc). If the answer to both question is a yes, then you might consider lump sum. Either way, it doesn't matter that much either. One argument in favour of DCA beyond pure EV is that it gives you a bit of time to get accustomed to bitcoin storage/transactions before jumping in with larger amounts. This is all under assumption that you can stomach losing all your money completely and your life will still be fine. Don't invest what you cannot afford to lose and all that.

CryptoDad2100

I don't know why you're bringing up an EV when discussing crypto, or stating that you have a salary but are also retired, but it's clear that none of this is making any financial sense. Do you brother. If you studied BTC you'd understand why it's a big deal, but since you don't care to study crypto I don't really get the question - if there even is one.

hottogo

OriginTrail. Already in use and adding value to supply chains worldwide. EU just announced a new parts tracking system for Aerospace that will use OriginTrail, same with EV batteries tracking, train parts, UK customs documents. Big pharma companies working with OriginTrail to track donated medicines, largest US retailers in the world (Home Depot, Target, Disney etc) use OriginTrail to track international factory audits before products enter the US. So many incredible adoption stories in the real world.

HBAR_10_DOLLARS

They are building on the network. Seems like you are the one stuck in the old cycle. Cc /u/kazkdp IBM, see the November minutes https://files.hedera.com/2023-11-08-Singapore-Council-Meeting-Minutes-final.docx-1.pdf >IBM Use Case & Discussion >Shyam N. and Sumabala N. presented IBM’s use case, DICE, to the Council members. DICE is a comprehensive digital identity and credential ecosystem solution for governments and enterprises. DICE has broad industry application across the healthcare, travel, education, tech, and financial services sectors. Key components include DICE’s modular approach for broad applicability, developer friendly tools, and emphasis on data sovereignty, openness, and privacy. EDF use cases (3 of them!!!) https://www.dltearth.com/case-studies/edf Google use case (working with EDF above) > The "HEDGE project" was a collaboration between Hedera, Google Cloud, EDF, and startup partners (Sparklin, EmBlock). The goal was to create a secure, decentralized platform connecting small physical assets like meters, PV panels, and EV charging stations. This platform generated environmental certificates and facilitated related marketplaces, all while addressing the challenge of safely integrating data flows from objects into third-party application servers through potentially untrusted networks.

emailemile

Arbitrage betting or positive EV betting?

ianyboo

> with all the war stuff going on. You could just as easily attribute the cause to declining EV sales or the great red spot on Jupiter getting smaller. You could even say the war stuff going on was caused by the crypto market being down. You would be wrong in all cases. These things might or might not have anything to do with each other. Humans are ***TERRIBLE*** at determining cause and effect. That's why we invented the entire scientific method.

ResponsibilitySea327

Lololol. You don't know what they hell I do, do you? You have ZERO idea what running a large power grid is like until you step in my shoes. The plant I support is guaranteed to be several times larger than all the other plants you've been party to. I'll bet the proverbial farm on that one. You don't have the education or clearances to even step in those shoes. But your comment is more related to the price of tea than bitcoin. Of course any economic output requites power. And any power generation has a environmental cost. The point is that ESG is just a political leverage point and doesn't make something "green". It is all based in one's reference. A wond farm is arguably better than coal and an EV may be better than an ICE car in some references, but it doesn't mean that building an EV is environmentally friendly. SEER 16 is better than SEER 14, but you won't save the planet running a SEER 16 AC unit 24/7. You can consume your way to environmentally friendly, you can only mitigate future power growth rates. Take ESG politics and shove it.

avance70

it's like USA saying chinese are spying with their huawei phones and 5g equipment... it doesn't even matter if it's true or not, they are banning it because of the competition... it's gonna be the same for chinese EV cars, they will be banned because of spying or something, but the real reason is they're much more affordable than the competition

MtTime420

Have you transferred, say, Bitcoin into and out of a non-custodial wallet? It’s prohibitively expensive. Prohibitively expensive from a standpoint of per transactional cost with fiat money. Let’s take fees at a a bank for example - mine changes $6.95/mn (that is waived because of a direct deposit from my employer) and that allows me FREE transactions of my money (in/out) as many times as I want in that month. Another example: Schwab has zero commission trades. So why would I trade crypto when Schwab offers free trading (read: protecting my money via not extracting because of minor costs associated with overhead). Crypto transactions and payment systems are equivalent to the EV infrastructure in this country. It kinda exists. Just barely. But can’t compare to the oil industry and gas station market penetration. Even said another way, how about you go fill up your tank in your car with a crypto transaction. It’s as likely to happen as handing the gas station attendant a brick of gold.

antiquespaceship

China is officially dominating the US - they’re leading the crypto industry, social media industry, AI, and now EV industry

JAlan111

Btc EV wave of the future

MachaMacMorrigan

EV battery packs require substantial amounts of cobalt. Children work the mines. QED "*Amnesty International and the Congolese rights group Afrewatch published a report detailing deaths and injuries among the countless children working in small-scale, hand-dug mines*" https://www.washingtonpost.com/world/interactive/2023/ev-cobalt-mines-congo/

simshadylp

What car ? The carbon footprint of mining the materials for EV batteries and the impact of disposing those battery’s offset any impact you’re saving by buying an EV.

Jestermaus

This. I recently sold one coin and bought my SO a car…a full EV. He didn’t know much about bit. He learned, and then felt guilty, and I had to explain: “In two months this might be $15k…or $115k, but every time we open the door for YEARS, that car is going to be there, and it’s going to please you, and it doesn’t burn gas. I have sold coin to secure my house, and to buy chemo, and I regret none of it. This is literally what money is -for-.” So get enough to feel secure, and then -Go Camping-. Put the phone down and turn off the ticker. Walk your dog. Go to an aquarium (they’re cooler than zoos). But from someone who had a lot and then had a little and then had a lot: Money isn’t worth that much. Enough is enough.

biba8163

Dogshit hype, parternships, real world usage really does not move the needle - these shitcoins bleed slowly then die. > "major banks will use XRP as a liquidity tool in 2018" and "an order of magnitude dozens of banks" will be using XRP in 2019" Brad Scamminghouse in 2018 https://www.cnbc.com/2018/06/05/cnbc-interview-with-brad-garlinghouse-ripple-ceo.html > IBM ipartnering with Stellar to build the World Wire on the Stellar Network for open source financial services network https://www.signifytechnology.com/blog/2018/07/ibm-to-use-str-coin-on-stellar-blockchain > Cardano is going to digitize identification in Africa and IOHK is helping trace Ethiopian coffee beans through the supply chain. https://www.coindesk.com/markets/2021/04/30/cardano-in-africa-inside-iohks-ethiopia-blockchain-deal/ > IOTA's partnership with Volkswagen, Jaguar, Bosch, tracking data and earning while you drive. https://www.jaguarlandrover.com/news/2019/04/money-earn-you-drive-jaguar-land-rover > Vechain partnered with countless companies including Walmart and BYD (largest EV manafacturer in China) with supply chain and carbon tracking memes. https://twitter.com/BYDCompany/status/1037605045309591552 > ICON had a partnership with Samsung and a ton of other companies. https://globalcoinreport.com/icon-icx-partners-up-with-samsung-thanks-to-chain-id/ > Constellation Network to Provide US Air Force With Blockchain Security https://www.coindesk.com/business/2021/08/26/constellation-network-to-provide-us-air-force-with-blockchain-security-for-data-sharing/ > Factom partnership with the US Department of Homeland Security for immutable data ledger on multiple blockchains. https://www.dhs.gov/science-and-technology/news/2018/06/15/news-release-dhs-awards-austin-based-factom-inc-192k > The South Australian Government conducting official election using a blockchain-based voting system (using Horizon State) https://micky.com.au/blockchain-technology-used-by-south-australian-government-to-conduct-election/

massettawm

Keeping a close eye on EV Minerals (EVM.c) as the 2023 drilling results from its inaugural 13-hole drill program are expected imminently - as initial exploration encountered semi-massive to massive sections of sulphide mineralization, there is significant resource expansion potential here: [https://www.reddit.com/r/dumbmoney/comments/1bpdf93/ev\_minerals\_evmc\_highlights\_historic\_north\_zone/](https://www.reddit.com/r/dumbmoney/comments/1bpdf93/ev_minerals_evmc_highlights_historic_north_zone/)

JoeYo743

The Canadian stock market. Also most dudes never sold their gains last run. Think meme stocks like ZOM + aviation like Air Canada + poor plays like Blackberry and Nokia. Shitty picks basically. Some drone companies some EV and Renewables many of those got smashed hard after the bull run.

SomeAreLonger

EV's were once laughed at, confession I did, but now their build time and costs are shrinking compared to ICE. Space mining will sound just as laughable, but will happen and once it does the value of gold will fall, since gold is near limitless in space. [https://www.cbc.ca/news/science/space-mining-1.7012869](https://www.cbc.ca/news/science/space-mining-1.7012869)

phoneguy3

I would also add that the production of electric vehicle batteries and their use consumes orders of magnitude more energy than they "save". This is not debatable. It is fact. Plus, to replace them costs way more than the vehicle is worth. Then you have toxicity of disposing EV batteries to deal with on a mass scale AND the vehicles that were powered by them. Electric power is dirtier than electric. Facts are facts. Plus, carbon is good. Carbon is life. It is needed for photosynthesis, and carbon helps comprise the atmosphere. So every time I drive my fossil fueled car, I help nature and humanity survive into the future. In many ways, fossil fuels is pro-human. 🙂

SkepticalDreams

Beanie Babies! Tulips! : Show me Beanie/Tulip ETFs ETF’s only care about fees! : Is that why Black Rock filed to allocate it under one of their funds? Waste of Energy! You mean like social media, pornography, video games, & non-educational television? You can’t all cash out at the same time! : You mean like literally EVERY market? What happens if everyone decides to sell a stock at the same time? No use case! : Use case like SOV which many are currently doing? Bad for the environment! : You mean like all the EV batteries that we can’t recycle yet so we pollute the works until further notice? Criminal activities! : You mean like FIAT which has been THE currency for 99% of all criminal activity? EVER. Too slow! : You mean like wire transfers? We got credit cards for speed and security. CULT like following! : You mean like followers of sports teams, stocks, companies, brands, political ideals, (insert anything here. ANYTHING can have some cult-like participants)

Iamgod189

>The powers that be will not let oil collapse sadly, it will be a gradual transition but IMO things like this are a good indicator of that What do you mean sadly? Oil is the best form of energy currently available. Its reliable, cheap and pretty clean as long as it doesn't spill. There is not enough rare earth metals to make enough solar farms, EV's, etc... Wind turbines cost a shit ton of energy to make, that they never actually profit. They need constant maintenance and use oil for the mechanics (ironic). Solar farms require vast amounts of land to be deforested and are open to the elements, 1000's of acres in TX were just destroyed by hail. Under them no light reaches the plants, and they need a shit ton of maintenance, too.

TheGreatMuffin

lump sum = higher expected value, higher variance DCA (averaging) = lower variance, lower expected value The two main questions you have to ask yourself: can you stomach a drop down 10%, 20%, 30% or something like that the day after you bought? And are you comfortable with holding such a large sum in bitcoin in the first place (meaning, have you got a hardware wallet, have you done a proper backup, did you test your backup, do you know what to do if your device bricks, do you understand what a seed phrase is etc etc). If the answer to both question is a yes, then you might consider lump sum. Either way, it doesn't matter that much either. One argument in favour of DCA beyond pure EV is that it gives you a bit of time to get accustomed to bitcoin storage/transactions before jumping in with larger amounts. This is all under assumption that you can stomach losing all your money completely and your life will still be fine. Don't invest what you cannot afford to lose and all that. https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/

noemata1

Governments may not exist then AI, EV, Robotics will be ruling the planet

Traditional-Fan-9315

BTC is #1 and will probably be number one, as good is with other precious metals. But I don't have gold wiring in my house and I don't use it to charge my EV battery.

HelloYesThisIsFemale

Well doge is a thing. We're talking going 20x or bust. Something has to have a less than 1/20 chance for that to be a negative EV bet.

valcyclovir

**4. OriginTrail** Original source: [https://twitter.com/otnoderunner/status/1769560646889152521](https://twitter.com/otnoderunner/status/1769560646889152521) Quick video explainer: [https://x.com/ACOBJason/status/1768654528407322818?s=20](https://x.com/ACOBJason/status/1768654528407322818?s=20) **In the age of AI, where misinformation can spread quickly, data integrity is as crucial as oil was to the industrial revolution. How can we trust the current state of AI, plagued by bias, hallucinations and copyright infringement issues?** OriginTrail, an open protocol, serves as the refinery for the digital age, transforming data into structured, meaningful information called Knowledge Assets (KAs). This transformation from data into KAs marks the birth of a new utility class essential for fueling Large Language Models (LLMs), or simply AI, with accurate, hallucination-free and verifiable knowledge. This journey from data to knowledge with OriginTrail's infrastructure, called the Decentralized Knowledge Graph (DKG), parallels the discovery and utilization of oil, propelling humanity forward. By processing raw data into KAs, we not only provide AI with a clean, reliable fuel source but also create an environment where information is transparent, traceable, and free from the pollutants of bias and misinformation. **How can humanity participate in the development of verifiable and unbiased AI while securing a non-inflationary 20% return, supported by tangible real-world assets and utility?** Building the Verifiable Internet for trusted AI is a collective community effort that begins with Knowledge Mining. Echoing resource extraction processes fueling world economies, Knowledge Mining consists of laying the foundational blocks to an open Internet and a decentralized, verifiable AI. Participants are incentivized to create and validate useful knowledge on or about specific topics, which can be grouped, stored, and accessed in dedicated sub-networks called Paranets. Just like electricity and gas keeps the lights on and buildings heated, Knowledge Assets used within AI can keep productivity levels high and decisions accurate based on verifiable and unbiased data. ​ The $TRAC token serves as the foundation of this emerging knowledge economy, much like how oil powers the world's industries. It has a fixed supply of 500 million tokens and powers a circular economic model backed by real utility and demand. With an attractive yield of 20% APR, TRAC acts as the currency for the new era of verifiable AI, promoting the creation, verification, and sharing of Knowledge Assets. In order to partake in this new AI economy, Asset Publishers use TRAC to create Knowledge Assets. Decentralized node runners, in turn, receive TRAC as compensation for storing and maintaining these assets. TRAC is not burned after transactions but instead is awarded to the node, which includes both the node runner and delegators who stake their TRAC tokens. The OriginTrail network democratizes the publishing and utilization of assets, allowing any entity to contribute and benefit from the knowledge economy. The adoption of OriginTrail's infrastructure goes beyond the realms of crypto, piercing diverse sectors like various derivatives of petroleum find applications in different industries: * Supply Chains: Utilized in livestock, whiskey u/ChurchOfOak, dairy u/SmartAgriHubs and Halal u/OneAgrix products. * Electric Vehicles: Offers a Digital Product Passport solution for EV batteries. * Administration: Facilitates audit certificates with organizations like the British Standards Institution u/BSI_UK. * Healthcare: Supports the distribution of donated medicine through The World Federation of Hemophilia (WFH), promotes sustainable medicine, and enhances scientific and academic research. * Construction: Underpins the u/BUILDCHAIN_HE EU-funded project, focusing on sustainable building materials and digital logbook management. * Railways: Assists in managing the Swiss Federal Railways (SBB) infrastructure u/RailService * News and Media: Integrates with platforms like u/blockchain_wire to fight misinformation and bias * Art: Encourages new AI art creation through u/chatDKG, rewarding original creators. **TRAC Node Economy** In the OriginTrail ecosystem, when the annual percentage yield (APY) for network participation stands at 20%, the token's non-inflationary nature sparks significant interest. This high yield incentivizes the creation of more nodes as demand from asset publishers escalates. Given the requisite need for TRAC by both node runners and publishers, the token's demand increases, leading to its scarcity and increased value. With current daily spendings of 30,000 TRAC for publishing, combined with 2 million TRAC already locked for Knowledge Assets in the ecosystem and 51 million TRAC staked in nodes, the OriginTrail Decentralized Network boasts an annual revenue of $12 million and a Total Value Locked (TVL) at $65 million. This figure is anticipated to surge due to the network effects and the expanding adoption anticipated in the forthcoming period. Given the TRAC token's fixed and fully allocated supply, these statistics are one-of-a-kind, highlighting the genuine utility and market acceptance of this new asset class. OriginTrail’s Decentralized Knowledge Graph is making significant strides in resolving real-world issues while steering AI towards a future that's unbiased, hallucination-free and decentralized.

Hofnars

Are you ignorant on the subject or pretending frequent blackouts and government requests to limit charging EV's in California isn't a thing?

golden_bear_2016

you do realize that electricity grid is a thing? an EV in SF could be charged by electricity generated in Oregon

Hofnars

Except no one with an EV has taken advantage of monsoon season to move their EV to an area with excess production to charge it with 'waste' energy nor are they capturing a different waste (flare gas) to charge them. There's 'being green' in the form of crippling the California grid while charging Tesla's, then there's 'being green' to reduce cost in the form of taking waste and excess to power mining operations. Ignore the optics and realize that someone that's in it for the money will do a much greater job taking advantage of waste wherever possible than someone in it for the politics and/or their image.

Conscious_Release226

Sorry to tell you but Xiaomi will become #1 EV company

mastetz01

you talking about EV's

nezeta

I wonde how much can MS's market cap catch up to Tesla's. I know 550B vs 20B is quite huge but Tesla is recently struggling and apparently it's BYD which will eventually become #1 EV company. MS will hodl more than 1% of the entire BTC.

SurvivorOfTheCentury

Imagine the Biden administration relizing the EV industry get 60-70% of the electricity from fossil fuels, where the mining industry get 50-55% from fossil fuels.

bharatgpt

Earn bitcoin now : https://zeotar.com/Referral/EV741107/RH

bharatgpt

Earn bitcoin with me.. https://zeotar.com/Referral/EV741107/RH

Perfect_Ability_1190

That’s where you’re wrong & misinformed EDF is already building THREE projects on Hedera: •Green H2 Certification & Trading • EV Charging with Renewable Energy Credits •HEDGE (HEDera Google EDF) decentralized platform connecting small physical assets https://www.dltearth.com/case-studies/edf

coinfeeds-bot

tldr; The collaboration between Hedera Hashgraph, EDF (Electricité de France), and Google focuses on leveraging Hedera's distributed ledger technology for sustainability in the energy sector. This partnership aims to create a greener future through initiatives like Green Hydrogen Certification and Trading, tracking green energy for EV charging, and the HEDGE project, which connects small-scale energy assets to a decentralized platform. These efforts are designed to make green energy more accessible and verifiable, showcasing a commitment to environmental responsibility and technological innovation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Zuriko27

There is no way to determine EV for bitcoin. Its price depends on behavior of the millions of the individuals and as such is highly unpredictable.

omg_its_dan

And buying random stocks of companies isn’t gambling? “Gambling” isn’t inherently bad if it’s a plus EV bet.

satoshyy

Electric cars being compared to the bitcoin? Electric vehicles are not popular in the US. The pace of EV adoption has slowed down a lot here