Why is Tesla investing in Chinas’ DIRTY ENERGY? Tesla purchases Bitcoin one of the largest consumers of the Most Filthy Energy on Planet Earth – February 11, 2021,

So, the environmentalists love Tesla Primarily because they imagine that Tesla is making the planet cleaner, well one thing for sure, Bitcoin may in actuality be dirtier than most fossil fuel companies. Bitcoin miners go to wherever they can find the cheapest energy and one of the reasons I’m not big on Bitcoin is that the Chinese Communist Party has been one of the first countries to launch a digital dollar primarily because most of the Bitcoin miners are located in CHINA!

A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total.

65% of Global Bitcoin Hashrate Concentrated in China | bitcoin.com

Now in the long term, we all know Bitcoin is one legislation away from being nationalized. Being that Bitcoin is reliant on a centralized grid, it appears that Bitcoin has become the gateway to a cashless society, which based on the actions of the Chinese Communist Party equates to a social credit score being the final orbiter to how money redistributed.

Now, for whatever reason, Tesla which to date still has yet to make a profit has embraced Bitcoin, which as many will point out can only go up and up in value? Bitcoin does nothing except for pollute and push the world faster in the direction of a cashless society.

Currently, Bitcoin has value in trade, currently, people are willing to trade in Bitcoins and other cryptocurrencies, but we’ve all seen fads before, there are Bitcoin billionaires now, there are people who are extremely passionate about the future of Bitcoin, but Tesla actually sells a physical good.

Tesla is not all digital, it’s not all speculative and Tesla merging with Bitcoin is a clash of cultures. Most people in Bitcoin are fueled by greed, well one thing is for sure, owners or believers in Tesla ARE NOT fueled by greed, many are fueled by a GREEN-NEW-ECONOMY!

Furthermore, most people who look at the world from a lense of doing things for the greater good of the world, want to be associated with purity, well Bitcoin is far from being pure, Bitcoin is all about greed, you can’t end wars with a scarce resource that only has value in a digital world many in the world don’t have access to.

I’d like to see Bitcoin break the backs of the regulators, but its long term viability, being that it’s already dependent on the Chinese Communist Party, should tell you why it was a bad idea for Tesla Inc. to get involved with it. This mistake by Tesla might be exactly what the doctor ordered for other EV companies as this will be a permanent scar on Teslas’ resume.

This move by Tesla hasn’t really resonated with people yet, because most people don’t understand Bitcoin, but a reminder about bitcoin that if you didn’t get in early, you will be starting from the bottom even if you have something to sell to bitcoiners, which equates to a person’s productive capacity potentially being trapped in the hands of a market which is currently heavily dependent on the Chinese Communist Party.


Leaked files reveal China’s mass detention camps for Uighurs | The China Cables

The last Bitcoin will be mined in the year 2140 being that Bitcoin is market-based, the miners will go to where energy is cheapest, CURRENTLY, that’s China and I don’t see that changing anytime soon, the amount of energy it takes to mine Bitcoin could power large energy-inefficient cities! and all for what? a digital token that does nothing except for it goes up in value? Bitcoin is extremely filthy and dirty for Greed, Bitcoin is the worst of the worst when it comes to energy waste and Tesla has embraced it? This also means Tesla Inc. embraces Uighur concentration camps!

Analysis: Investors lukewarm on Tesla’s $1.5 billion bitcoin splurge | reuters.com

Interesting times ahead!