EV

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

TheRealMoash

There aren't a lot of EV trucks on the market atm. I feel every homeowner needs a truck, and I refuse to go back to gas. I've been driving around in my Nissan leaf for the last 10 years waiting for an EV truck. The F-150 Lightning is just, meh imo. All dealers in my area are marking up the cost to insane amounts, so I ruled that one out. My other option was the Rivian, and while I do like it, it's not as zippy, and Rivian isn't quite as tested/established yet for me to take a chance on them. That and TBH, I don't really like the front headlights on it. I know the CT design is very love it or hate it, and I happen to fall into the love it category. it's so ugly, and I love it. idk why. Just wish Elon wasn't attached to the product. But I'm not really a fan of most automotive CEOs, so I guess it is what is is on that front.

Initialised

EV is to ICE what Bitcoin is to Fiat and what LED is to Candles

Aerocryptic

The riskier ones. EV is sub par on these ones

Willing_Sea980

In 10 years, clean v8 muscle cars will be worth more if the EV craze continues on. Most people don't understand the feeling of going for a drive in a sports car and running through the gears and being connected to the road... I love my 7mt c7z more than anything else I own. That's a hard decision buddy. If you have always wanted one and this is the moment you can finally afford one then I'd do it man. Let me know what you do!!!

HODL_monk

From the article - "the European Central Bank has previously stated it cannot imagine a world where governments would ban gasoline-powered cars in favor of electric vehicles but not act on Bitcoin’s persistence in pumping out CO2." Wow, just wow, are we actually getting our information about inflation-proof currencies from a giant central bank ? If we are going to them, why don't we just also ask the mob if the current policing level wastes energy and manpower that could better be used elsewhere ? And don't get me started about how misguided the forced conversion to EV's is, the banks absurd counter example to crypto mining. Since you are a big fan of the Eth model, I hope you can understand that your currency is mostly controlled by monied insiders that direct the code, very analogous to a central bank. Vitalik and friends recently decided on a whim to change the inflation model willy-nilly to something more to their liking. Yes, it was later approved by the nodes, but its not like there were any other people's ideas on the table, or the Eth powers that be were forced to not do it. Are the new fee burning and lower issuance results good, from an inflation standpoint ? While I personally don't like a rejected transaction eating up my gas, if they didn't do any work for me, I actually think the new inflation rate is in improvement, but the important thing is not that our crypto overlords fiat edicts forced down our throats were good improvements today, but the fact that we even have such people deciding our fate day to day at all. The US actually did a good job with the gold standard, right up until the going got tough, then they stole 40 % for themselves in 1934, and took most of the rest in 1971. While Eth is fine as its own niche thing, if we are going to actually have a new world money, it damn well better not have anyone that can change anything on a whim, and letting the world force us to have their consensus form to save energy, in a world full of other much larger total energy wastes like motorsports, Christmas lights, Hummers, Gold Mines, Video games, and useless Coal-eating (to make the fiberglass blades) wind farms we are forced to pay for with our tax dollars, this is a pretty large camel's nose under the crypto trust model tent. Maybe if regulators had done a good job with inflation and bailouts we could trust them a little, but clearly we cannot, so I really don't think its that easy to switch a live system to proof of stake, because it very much takes power away from the node operators, and gives it to the wealthy elites, and they have a history of failing, when we need the system the most.

chuheihkg

These people hate EV vehicles because of gear box.

Rey_Mezcalero

Probably since the cyber truck and EV vehicle sales are in trouble he’s looking for potential new market buyers

Perfect_Ability_1190

🌱Green H2 Certification & Trading 🌱EV Charging with Renewable Energy Credits 🌱HEDGE (HEDera Google EDF) decentralized platform connecting small physical assets

Key_nine

I was watching a crypto channel and agreed with their summary of why Bitcoin hit an ATH almost 38 days before halving which it has not done before. ETF. The acceptance of Bitcoin on Wallstreet has caused Wallstreet to make the price jump with all the buying to hold for their ETFs. Retail usually starts buying near or after the halving event according to past cycles. This means we are in uncharted territory this time and will retail see the crazy high price of bitcoin and liken it to a share of buying Berkshire Hathaway which is currently at $609,710.00? I have never heard of a retail trader buying any high priced stock like this ever, they look for the GME, AMC, or flavor of the year plays, like when Tesla stock took off and everyone bought EV stocks, or when Apple took off and everyone bought semiconductor stocks, or when Starbucks took off and everyone bought coffee stocks. Right now it is AI so retail is probably going to be buying AI crypto imo as Bitcoin is for people with some money to throw around.

wordscannotdescribe

That's how tax credits work though (i.e. see EV tax credits)

Lexsteel11

In no way was I comparing an EV to bitcoin as an investment haha

Shibenaut

EVs are just slightly different though. ICE and EV cars are both depreciating assets. Eventually EVs will be as cheap as ICE cars

BitcoinBaller420

You make predicting the future value of things sound like some mystical sorcery, but it's not like that at all. You have buying power, and are a wealth manager. If you choose not to outsource this to a pro for a fee, then in this role, you are looking for positive EV, uncorrelated bets for your portfolio in order to generate the highest returns for the least risk. You then size your bets on these assets according to their volatility and expected return. Bitcoin certainly has an expected return. The utility of monetary networks grows with the square of the number of people that adopt them. The number of people adopting Bitcoin as a store of value is obviously increasing rapidly. There are any number of publicly available metrics to see this, from the hashrate of the network itself, to the number of non-zero wallet addresses, to the ETF inflows and shift in coverage in the media, to the amazing unwillingness of long-term holders to sell. There is every reason to believe that the total market value of the bitcoin monetary network will be significantly larger in the future than it is today. But like all bets in your portfolio, it's not a sure thing, and you should size appropriately for risk, depending on your view of the total addressable market for bitcoin, the speed of adoption you expect, etc. Good luck to you.

Lexsteel11

Not to turn it into a car thing but I see the same thing driving my EV as I get when people I’ve talked to about bitcoin bring it up to me angrily now. I feel like people love to hate EVs because a car is both a major purchase and for many a feeling of freedom/identity or their love of car engineering. People see an EV and it makes them feel like either their last major purchase was of a dying technology and they see this new tech threatening to take away something they love (I’ll admit my EV is the fastest car I’ve owned but it feels like driving an iPhone with no soul). People see bitcoin as something they don’t understand and suddenly it’s making their portfolio returns they’ve carefully studied/curated look inferior and it angers them.

I_toldya2buyBTC_bye

But that was the demise of America. Now our dollar is backed only on history saying it’s been worth something! Oil is backing it but as you know Electric vehicles don’t need it and all the car companies have already adopted EV terminating gas IcE vehicles. China knew then it was time to make a plan. Own more, export more, don’t deviate! China owns more Realstate in the world than any other country. They own land in probably every country. There they also provide the locals with jobs, especially central and South America. How do you beat the biggest bully on the block. Hire multiple victims with money they can’t turn down and now he has 20 kids in his front yard. Might not be as strong but he can’t take them all! That is how China will basically take over the whole world. Without even pulling out a knife.

nkbc13

That’s so interesting because I’m working with GM doing material handling/assembly for their new EV Hummer battery cells. I like that last paragraph about the cooler the tooling the more interested you are. Great thoughts thanks!!

Zanchie

It's because sometimes, sectors move together. Bullish news in the crypto space will move many crypto tokens, the same way positive EV news will move EV stocks, positive AI news will move AI stocks, etc. Alts are not following BTC, they are all following the crypto sector, including BTC.

1nc0gN33t0

For...EV..... Ooorrrrr!!!!

MankindIsOnTheBrink

Depends on what token or coin someone is holding. If you have $500 of a token at $0.0000000001 it’s not gonna be worth the on ramp/off ramp repeatedly ; to say nothing of the time that takes up. Sure, I bought $25 of FEG Token because I got in on a big dip (0.0002 & it’s now $0.001 so I’m happy with the profits. However in such infinitesimal numbers, it’s not worth the attempts to SBF your own wallet. Due to the fact that crypto has zero real world value, nor anything tangible to make it a true store of value & inflation hedge and ones investment can be gone by backspacing any given 0 or 1, I just through a little money in and let it sit. If I lost $250, then “oops” & move on. Rea world uses for crypto are species at best and are not much different that electric vehicles. EV’s are so far away from being able provide range & refill/recharge times equivalent to ICE - and now have been proven to put MORE carbons into the air than a comparable ICE which just proves that EVs are a quasi- eco-friendly vehicle, they are useless for the needs of the majority of humankind’s vehicular needs and has so many obstacles to full adoption that I would expect a severe dip in EV sales for the next 5-7 years, manufacturers will fold, ICE will reign supreme again and then 15 years from now someone with try again. That’s a lot like the entirety of crypto…it’s going to be gone from the earth or nearly gone in the not to distant future when everyone wakes up to the fact that it’s not even “funny money” & is even more useless than Monopoly money. I through some money in because “hey, maybe I hit lightening in a bottle by a weird chance and I can retire at 40 years of but my expectation is that I’ll never see my money back. If you lose your account info (seed phrase), or your wallet is hacked & wiped, it’s over, it’s gone, you’re never getting it back. With a real bank or credit Union, if you lose a card or someone steals your money, the real world financial infrastructure has the ability to make you whole again in many ways. I just hope my fellow millennials realize this. I’d say the same for Gen-Z but that generation is so clueless to everything in life that someone could piss on the face & tell them it’s raining and Gen-z would buy it..”no cap” 🤨🙄

Distinct_Spite8089

Someone bought a dog the other day. I know I’ll be selling at some point because I want a EV 😭

somefcknrando

LOL the EV scam is already dying. Not buying your worthless duracell on wheels Elon.

Mudfry

EV demand is really soft. All EV companies are struggling

davidbanner_

I own a multi-state solar company and starting to see more and more bitcoin miners inquiring about solar cost comparison. We usually just ask if they have a pool or EV charger. Now we gotta ask “you a miner?!” lmfao

Similar-Turnip2482

I’m not a panic seller that’s why I’ve held onto Tesla for so long, even through all my frustrations, but in these high interest rate times and competition from Chinese EV makers I feel so too big of a my portfolio is just doing nothing I could be investing in the future versus Tesla, which Isn’t there yet

Tesla_lord_69

AI, renewable energy, EV all are going to be super deflationary giving fed more reasons to print print print. Bitcoin has no top.

biba8163

r/CC always falls for bullshit partnership, adoption, real use case, patents, etc hype. Every project that has bullshit hype like this is down since 2018, has vastly underperformed Bitcoin or is dead. > "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/

jack23f34

No one talks about this bc it’s controversial, but the EV of buying the lottery when you are young is substantially higher than when you are older. Many would argue it is +ev bc the small possibility you are lucky the reward is so profound. Bitcoin is my “lottery” and many would argue it is far from that 🧡

Ok_Computer1417

Apple has been playing in the AI space for more than a decade with Siri and they just announced Monday that they are canning their Titan Project (EV vehicles) because they don’t see way to the profit margins they expect and are rotating those resources to their AI division. They are very much a part of the AI space, they just don’t name drop it 100 times in their earnings calls because they don’t have to.

Preme2

I’m sure he is after he’s been wrong about virtually everything else. He barely mentions the price, just giggling over the dominance. His followers are probably sitting on the sideline waiting for 12k, the secondary scare, recession he promised to play out. What a clown. This guy will talk about EV companies long before he mentions an altcoin. It’s okay to be Bitcoin heavy and not take the risk, but the blatant disregard is embarrassing. He’s a stubborn man child just like most other crypto YouTubers. All that data science, PhD and he doesn’t know which way the winds blowing.

CompleteEgg5296

The assertion that manufacturing the battery for an electric vehicle (EV) emits 80% more CO2 than the entire manufacturing process of a petrol car overlooks several critical factors that need to be considered in the broader context of EVs' environmental impact over their lifecycle. First, while it's accurate that the production of lithium-ion batteries for EVs involves a considerable amount of CO2 emissions, these emissions are not as substantial as some claims suggest. According to PolitiFact, the emissions from EV battery production are akin to driving a gasoline car for just one or two years. Over the lifespan of the EV, the absence of tailpipe emissions significantly offsets these initial higher emissions from battery production (PolitiFact, www.politifact.com). The source of electricity used to charge EVs is a crucial factor in determining their overall environmental impact. In regions where the electricity mix is cleaner and relies more on renewable energy, EVs have substantially lower lifetime emissions compared to areas that depend heavily on coal for electricity generation. Research highlighted by the MIT Climate Portal illustrates that in a state like Washington, where hydropower is prevalent, charging an EV can result in 61% less carbon emissions than a hybrid car. Conversely, in coal-heavy states, while the EV might emit more carbon than a hybrid, it still emits less than a gasoline car (MIT Climate Portal, climate.mit.edu). Additionally, the potential for recycling EV batteries presents an opportunity to further reduce the environmental impact by lowering the demand for new materials. Research is ongoing to enhance the efficiency and effectiveness of EV battery recycling processes, which could significantly reduce emissions associated with their production (U.S. EPA, www.epa.gov). EVs are an integral component of the strategy to reduce transportation emissions and tackle climate change. Despite the emissions associated with battery production, the transition to electric vehicles is a crucial step towards sustainable transportation solutions. As the electricity grid becomes greener with an increased share of renewable energy, the lifetime emissions of EVs are expected to decrease even further, underscoring their role in achieving long-term environmental goals (Carbon Brief, www.carbonbrief.org). In conclusion, while the manufacturing of EV batteries does contribute to CO2 emissions, the overall environmental benefits of EVs, especially when considering their entire lifecycle and the shift towards cleaner energy sources, make them a preferable alternative to traditional internal combustion engine vehicles. The insights provided here, although synthesized by ChatGPT, an artificial intelligence model, are grounded in factual, researched information sourced from reputable and authoritative platforms such as PolitiFact, the MIT Climate Portal, the U.S. Environmental Protection Agency (EPA), and Carbon Brief. Each of these sources contributes to a comprehensive understanding of the environmental impacts and benefits of electric vehicles (EVs), analyzing aspects from battery production emissions to the overall lifecycle emissions of EVs compared to traditional vehicles. The data and findings I've relayed are directly aligned with the latest research and expert analyses available, ensuring accuracy and reliability. The use of AI to summarize these points does not detract from their validity; instead, it serves to distill complex information into accessible insights, facilitating a broader understanding of the crucial role EVs play in addressing climate change and promoting sustainable transportation solutions.

CompleteEgg5296

Despite this person's verbal diarrhea, the fact is that it's already been determined that even if you drive an EV and charge it with coal powered electricity, it will still be cleaner than an ICE vehicle over its lifetime. These are facts, and this guy can safely be ignored.

Cheap-Cold-5255

climate.MIT.edu: only the EV Battery manufacturing alone releases 80% more CO2 than an entire petrol car manufacturing process, regard. And if you use electricity generated by coal, don’t even talk to me, talk to a doctor about your mental issues and Dunning Kruger instead.

pirate_Porter

Is leasing a car really a bad choice though? This is something I’ve been thinking about recently so am curious about your thoughts… I have had good success buying a newer used car and driving it forever, but have been considering leasing a new EV to avoid the immediate depreciation and potential surprise maintenance issues. The terms of the sale/lease obviously matter too, but getting to use a new car for a few years and then handing it back and maybe getting another is an interesting concept. Milage limits do suck though.

BMX_ROIDZ

I have residential storage, I don't have an EV just a lot of solar. My shit would drain in a few hours and does. These libs have no clue how far this tech is out because they can't afford any of it so they just talk about shit they don't understand.

life_is_punderfull

Really? Show me where. I bring up residential battery because it’s “laughable” to think supply-side battery storage can provide any sort of sustained supply. And residential storage isn’t a thing unless you have EV.

Bac0n01

Except for the small difference that charging EV’s actually does something real

life_is_punderfull

I guess you didn’t read what he said. It’s about protecting the grid, not renewables. The utilities are able to justify the constructing another generator because of the load shedding agreements they have with the mining companies. Also, battery storage is nowhere near where it needs to be on a utility scale. For residential battery storage, you would need intelligent and connected batteries that have feedback or controls from the grid or else they could potentially make blackouts/brownouts worse. For example, if someone doesn’t time their EV charge properly, you could have your battery recharging while their house is pulling its normal draw. This would be bad during a time of high grid demand.

Ziegler517

Forget the banks, EV vehicle charging is pulling FAR MORE energy and load on the infrastructure than mining. And the administration is pushing that harder than ever.

caploves1019

There is limitless potential energy on this planet; governmental intervention is the inhibitor that increases cost for the average consumer. Fortunately, as they continue to push electric cars, they can no longer claim your power consumption spikes at home are a result of mining rather than charging your EV. Thus, if they were to illegally regulate the power consumption of commercial mining operations, that only decentralizes mining back to smaller miners less prone to regulation.

Zombie4141

Wrecked my car 2 months ago. Sold 10k in bitcoin to put a down payment on an EV. Getting $7500 back on taxes to put back into bitcoin.

jrmrke

What do you expect from the place where 100 genders is a real thing, EV's are most environmentally friendly thing on the planet, Ukraine still winning, etc.. 🍿 🍿 🍿

Frogolocalypse

I'm providing a juxtaposition about the effort involved in feeding your EV vs an ICE car.

Zombie4141

Yeah. My 2023 EV only comes with a monthly payment. But no subscriptions.

Frogolocalypse

> if you really want to be economical with our energy use then you'd buy pre-owned anything over new anything Damn straight. The expansion of this phenomenon of this with second and third owned EVs is going to be the final nail in the coffin for ICE cars. About 10 years and you'll have to be asking whether you'll ever be able to even sell a second or third hand ICE car. An EV on the other hand. The battery alone becomes a valuable resource.

phaattiee

That's literally not what I'm claiming at all. EV's are clearly the future... but if you really want to be economical with our energy use then you'd buy pre-owned anything over new anything until all the pre owned has been used is the most energy efficient option regardless of EV or ICE. The way people miss the point is astounding.

Majestic_Fox_428

I have an EV and I don't pay for any subscription.

phaattiee

Did you even bother to check the article.... 100% an advocate for EV's in the future. In the short term we should be using up the supply of perfectly working ICE vehicles we have before making the jump. Not to mention the financial incentive for most people to do so. I think you're blinded by bias since you're being condescending, I'm a STEM student and extremely good at maths thank you...

phaattiee

It literally says it right there... higher initial cost/more energy intensive to produce but is then offset over time, which means you'd have to drive your electric vehicle for a large number of miles before it claws back its production cost... combine this with a cars representing a social status symbol from a western cultural perspective, maybe not yourself but most people wont drive their EV's long enough for the planet to reap the rewards before they buy the next shiny vehicle... At current present... The most sustainable option is to purchase pre owned petrol/diesel (Diesel in particular) vehicles as their production costs from an energy standpoint have already been paid whereas making the switch would require you to drive your EV until it literally dies to offset the deficit which was the point I was making. Trying to social engineer a shift towards used vehicles in the short-term would definitely reap greater rewards whilst we iron out the kinks in the EV shift for another decade or so... Never said they aren't the future, but at present they're not the MOST sustainable option... Not to mention the moral implications of Cobalt mining for batteries etc... Before you jump down my throat, I'm fully aware there are strides being made in alternate tech there as well but its still not being manufactured at the larger scale yet. We should 100% be tailoring back ICE vehicles... I don't dispute any of what you said... I just think you missed what I was grasping at... here's an article you might be interested in... https://earth.org/environmental-impact-of-battery-production/#:\~:text=The%20additional%20environmental%20cost%20of,only'%20account%20for%2026%25.

CompleteEgg5296

You're sorely misinformed about the carbon footprint of ICE vehicles vs EVs. Like just completely wrong. It's not hard to look up. I don't know what you mean by deteriorating twice as fast. My EV is the best, most reliable, least needy vehicle I've ever had. I'm at 170,000 km and all I've had to do is: Replace tires, go in for minor recalls, change cabin air filter myself. One repair in the wheel well due to bad luck damage is the only time I've ever had to pay a mechanic. Maybe you should run the numbers? If you can afford them, and don't live in an extreme climate, they're a no brainer from a sustainability and reliability standpoint, and even a cost standpoint in the long run. In a handful of years, they'll even be suited for extreme climates.

BoloSynthesisWow

Negative EV

DontTouchMyEQ

This might be a stretch but they remind me of proud Gen Zers who hate Elon Musk and Tesla, are “pro fighting climate change”, but instead of doing something impactful like driving an EV they keep talking about how they compost their fucking carrot peels. When you are almost smart enough to live a successful, impactful life, but made a few mistake along the way, you tend to look for things to say/do that make you feel smart and superior regardless of the results of your actions. And one can spend a whole lot of time coming up with reasoning as to why it wasn’t their mistake but actually everyone else or the system that is out to get them. This is exactly what I’m seeing at the Buttcoin sub. A bunch of people who feel very smart and smug, who actually knew about Bitcoin pretty early on and it could have changed their lives. But they didn’t invest. So what do they do now? Find reasons as to why all Bitcoin investors are evil scammers and don’t know anything about economics or anything at all. It’s really sad to read what’s happening there.

MidnightStories32

Thanks to Brandon, we’ve had massive inflationary pressures. His war on oil has been exhausting for wallets around the world. His solution: buy an EV. Can you imagine? Not to mention he REALLY wants to increase capital gains tax to 30%+. Would be a great way to cripple Bitcoin in America. RIP

direktor4eto_reborn

Yeah ain't no way we go full EV. Hybrid for a long time, at best.

Frogolocalypse

Petrol is fucked is what it's really all about. EV's are killing it everywhere because long supply lines of fuel suck. They'll double, and then double, and then people will be buying their fuel in 10 gallon drums at Home Depot.

Smoking-Coyote06

Tesla is "risky" the same way bitcoin is. It's just volatile. You think if Elon goes they're gonna stop making cars? And Robots? And Batteries? And AI? Tesla is up 14,000% all time. 800% last 5 years. And has the the top selling car in the world, and the best EV charging network in the world. If you think EVs, AI, Supercomputers, and Advanced Robotics aren't the wave of the future, you haven't been paying attention.

RockHardTen11

Yet these tree huggers want EV cars in which you use electricity every day to charge their vehicles. Irony at best

Redleg1-7

The top is also EV battery material mining

bmurf101

Not the answer you want to hear and I hope this doesn’t make you gamble further but in the age of the internet there’s zero reason to be this bad at gambling and it really is inexcusable. There’s sportsbooks like Dabble that let you take all of the emotion out of it where you can just copy bets of players who have 20k followers. Riding their highs and lows and it’s always profit if you play copy every one of their plays long term cause they are the professionals. There’s apps like Pikkit that do the same thing but is a straight social media for all sportsbooks. There’s software like oddjams that can be used to EV bet. There’s Sportsbook discords that you can find or get invited to from Pikkit. There’s too many good bets to tail and make up for what you’re lacking to worry about losing your house. I’d say the problem isn’t gambling the problem is sinking in the 18 hour days to educate yourself on how to be successful at what you want to partake in before you partake in it. Hell there’s people that make $18,000 a month arbitrage Betting (it wouldn’t shock me if you didn’t even know what that was). It’s again where you use software like oddjams to bet the under on Caesars, for example, and the over for the same bet on BetMGM and regardless of which bet hits you make $20. There’s 500 bets a day you can make that risk free $20 with. $200 a day profit arbitrage betting is $6,000 a month. People file bankruptcy over sports betting because they are trying to make $20,000 in a day and can’t just be okay with $200 and closing the laptop. $200 a day means you didn’t have to spend 10 hours that day ubering. Got to have more time with your wife, kids, keeping the house clean and organized, etc. The list goes on and on. I start each month with $1,250 and using those methods to see what I can turn it into. If I lose that original $1,250 then I’m done for the month to allow myself time to emotionally reset because emotional sports betting is how you will always come out a loser. Currently I’m on a 7 month profit streak with January ending at $24,000. Highest month was November at $52,000 betting my previous record of turning $200 into $25,00” betting on 9th inning money lines when baseball was going. And before people complain that my comment isn’t about Bitcoin I too have 3 Bitcoin.

MyOnlyEnemyIsMeSTYG

We have way bigger problems then people mining crypto. We’re supposed to be going all EV anyway, I’m sure they have a way to make shit tons of it

mastermilian

You're talking as if Bitcoin was designed to support green energy when it hasnt been. It's like arguing that car manufacturers are promoting green energy by going EV. We are only headed in this direction because there's a commercial incentive to go that way (i.e. customer demand). Right now, Bitcoin is responsible for a massive carbon footprint and it will continue to be this way while electricity is cheaper than the reward for mining. If any mining operation has decided to go with renewable energy it is only because it is profitable. They aren't driving any market nor are they in this for altruistic reasons - they will continue to design their mining operations to maximize profit.

strings___

The people that arguing that Bitcoin mining uses to much energy. Are fundamentally liars. You cant have a discussion with them because their premise is built on a lie. First off most critiques of Bitcoin's energy use is based on an outdated study done by Cambridge. Second they will not admit that it's impossible for Bitcoin to be bad for the environment. Since it does not directly produce any harmful CO2 etc. The issue is always the source of the electricity. It's exactly the same issue with EV cars. Which they seem to not have an issue with. So the question is fundamentally about peoples option about the usefulness of Bitcoin and not about it's actual harm to the environment. Since Bitcoin can bolster and capture waste energy. And in fact pay for energy grid roll-outs. It is actually a extremely good ESG asses. I know I'm preaching to the choir here. However it's important we have strong arguments to counter these FUD arguments. Also link this video anytime you see this FUD https://www.youtube.com/watch?v=HheeouBR-3o

BitcoinBaller420

It’s based on the return and volatility of bitcoin, which is changing over time, along with many other assets. Wealth managers try to increase sharpe of their portfolios by mixing positive EV non-correlated assets together. It’s the free lunch of investing.  The fact that these models are putting out anything close to 20% as the proper allocation is amazing though, and shows how hard it is going to be for this group to ignore bitcoin much longer. 

ricozuri

Perhaps if each mining location installed an EV charging station it would help justify using electricity in the government’s eyes. It’s not like the miners are getting free electricity. In any case doesn’t the Fed know, or have easy access to, how much electricity is used by miners or any company in the U.S.? What about the massive data centers and server farms of Google, Amazon, Microsoft, et al. Aren’t some of their servers use electricity for PoS crypto. Truly Orwellian overreach.

Backitup30

Private investment only? The power of government investment can massively increase the speed of which this type of progress makes. If the government had actually invested in Fusion 40-50 years ago, we may have solved it. If we waited for private investment to visit the moon, it would have \*never\* happened. It took this long to get private space travel. In addition, public\\government investment can have net profit as well. The microwave itself is a perfect example of how government focus can lead to massive private company profits. What I'm trying to say, is restricting it to "Private investment ONLY!" means slower progress. Both is best for topics & areas that are actively damaging our environment. We are hurting the environment with oil. We are hurting the environment with current EV battery tech. Let's use our completely made up concept called fiat money for good and fix that as quickly as possible.

rchive

I strongly support private investment into making EV batteries better, yes.