In most cases, they are monitored and operated remotely, with only a handful of people on site to swap out defective disks and the like. AI, data centers, and electricity prices could well be a sleeper issue in the midterms.

And I think that an important but unstated goal of crypto advocates is to change that, to integrate crypto into traditional finance so thoroughly that it becomes too-big-to-fail and backed by an implicit government support.’ #crypto

“This cult status has allowed Bitcoin to recover from setbacks and scandals that would have sunk any normal investment, because true believers respond to any drop in its price by piling in more than ever. And maybe that will happen again”

As Trump policy seems to undermine the stability of the US dollar, ironically he also undermines Stablecoin. So much for hedging against currency fluctuations. Criminal enterprises will still use it as the most efficient money laundering platform and distribution network. #crypto

However, Ms. Scott said for all of the same reasons that it’s incredibly useful for those use cases, it’s really useful for criminals,”

Despite the efforts of major oil-producing states to slow down the green transition, multilateralism continues to support the interests of the whole world in tackling the climate crisis.”

Jennifer Morgan, the Cop veteran and former German climate envoy, said: “While far from what’s needed, the outcome in Belém is meaningful progress. The Paris agreement is working, the transition away from fossil fuels agreed in Dubai [at the Cop28 talks in 2023] is accelerating.

If only there were...some sort of..... coalition...of progressive electors... with a long-standing commitment to Vancouver's working class.

Mercifully, the ostrich debacle is over. But sadly, we can expect to see more of this bird-brained grifting – and we must be vigilant in pushing back