May 12, 2018 - Health Ranger - Mike Adams
10:29
| 
| Time | Text |
|---|---|
| Mike Adams. | |
| There are a lot of youth today who are like learning homesteading skills. | |
| They're going to do really, really well because their life is not easy. | |
| The Health Ranger Report. | |
| They're not just thumbing their way through a bunch of Snapchat. | |
| Oh my God, your friend Shirley, she has a new handbag. | |
| Oh my God. | |
| No, that's not their life. | |
| It's time for the Health Ranger Report. | |
| And now from naturalnews.com, here's Mike Adams. | |
| A fascinating new environmental report says that California has more polluted cities than anywhere else in the United States. | |
| California, its air quality is the worst in America, which a lot of people might find surprising because California, of course, has such... | |
| Strong emissions controls and environmental controls, but that's sort of a chicken and egg issue in any case. | |
| But Bitcoin has a role to play in all of this that very few people have come to realize. | |
| In fact, I only recently came to realize it, and that's what I'm sharing with you here today, because the amount of coal that is being burned to support the Bitcoin infrastructure is absolutely astonishing. | |
| And if you believe that That coal emissions are causing global warming, then you cannot engage in Bitcoin, because that would be a contradiction. | |
| If you believe global warming is caused by burning coal, then you believe that using Bitcoin is destroying the planet. | |
| I'm not kidding. | |
| I'll explain why here. | |
| Thank you for joining me. | |
| This is Mike Adams, the Health Ranger, for healthrangerreport.com and naturalnews.com. | |
| Now, here's the logic behind all of this. | |
| I recently interviewed Kevin Lawton, who is a cryptocurrency analyst. | |
| You can find that interview. | |
| It's in two parts on naturalnews.com. | |
| Just search for Kevin Lawton, L-A-W-T-O-N. Now, in that interview, he mentioned that the current electrical usage of the Bitcoin infrastructure is enormous. | |
| It is, he said, somewhere between 600 to 800 megawatts right now, and it's growing rapidly, and it's mostly being done in China. | |
| Where there is very dirty coal that's used as the primary energy source, and that makes electricity very cheap there. | |
| But Bitcoin is going to move beyond one gigawatt of electrical usage very soon, he said, and it may exceed two gigawatts. | |
| Well, I did a little bit of research, and it turns out that one to two gigawatts of electricity is enough to power a city of one million people. | |
| Depending on which country in which those people live, but about a million people can be supported with one to two gigawatts of electricity. | |
| That's a massive amount of electricity. | |
| And it's being used just to process Bitcoin mining hashes, which are intentionally difficult mathematical problems that were set up in order to create scarcity in the Bitcoin supply. | |
| But because Bitcoin has... | |
| It's gone through such a bubble and so much hype. | |
| It's become very valuable for people to engage in very large-scale mining, which means using an enormous amount of electricity in order to gain the Bitcoin currency that currently has value, at least until the Bitcoin crash comes, which is inevitable, by the way. | |
| But if we continue on this current trend, it means that We're going to be expending a massive amount of coal. | |
| We're going to be burning coal to support the Bitcoin infrastructure at such an incredible scale. | |
| That anybody who's concerned about the environment or concerned about coal pollution, including the mercury from coal, has to be alarmed at all of this. | |
| And the reason I mentioned California up front is because California's air, some of it blows in from China. | |
| Yes, the coal that China is burning. | |
| To crunch the Bitcoin blockchain is blowing into California and polluting California's air and California's cities. | |
| So quite literally, the people of California are suffering the effects of air pollution, which are considerable. | |
| It increases stress, it increases lung cancer, it increases heart disease, it increases all kinds of issues, depression and so on, solely stemming from the fact that Bitcoin is consuming all of this electricity produced by dirty coal in China. | |
| Now, nobody has connected all of these dots before. | |
| Think about it. | |
| Dirty coal in China produces electricity, goes into the Bitcoin mining farms in China. | |
| The coal is producing massive emissions. | |
| The mining farms are generating Bitcoin cryptocurrency. | |
| They're hashing the blockchain. | |
| In other words, if you're living in California, you're breathing polluted air in part because so many people are using Bitcoin. | |
| And if Bitcoin scales, remember there are people like John McAfee who think Bitcoin is going to be worth half a million dollars per coin within three years or more. | |
| Some people talk about a million dollars a coin. | |
| If it scales to that level, It would consume more electricity than an entire first world continent. | |
| It would consume more electricity than the entire nation of Germany. | |
| I mean, imagine this. | |
| If Bitcoin were to really scale up and get big... | |
| It would consume more electricity than the entire nation of Germany. | |
| And that, my friends, is not going to happen. | |
| That is not sustainable. | |
| At some point, the environmentalists are going to start calling out Bitcoin for polluting the planet. | |
| Producing all this coal, producing the CO2 emissions. | |
| Now, as you know, my position on CO2 is that we could use more CO2 on this planet because it's a molecule that supports reforestation, it supports food production, plant life, the reclaiming of desert areas and so on. | |
| CO2 is not the enemy. | |
| But most progressives think CO2 is the enemy. | |
| Now, I agree with progressives on the idea that coal is a pollutant because it emits mercury. | |
| I agree with Bobby Kennedy on this. | |
| You know, the World Mercury Project and so on. | |
| Coal does emit mercury, and that's a pollutant. | |
| I'm just saying that the CO2 itself is not the worst part of coal. | |
| I think that mercury is the bigger problem, frankly. | |
| Nevertheless, it doesn't matter where you stand on that or what you agree with. | |
| The point is, the environmentalists will say that burning coal is, of course, bad for the environment. | |
| And they're correct about that. | |
| And then... | |
| If Bitcoin consumes more and more electrical resources, more people will stand up and start asking, wait a minute, why are we using a cryptocurrency that's destroying the planet? | |
| And the good news in all of this is that mining is not necessary to support a cryptocurrency. | |
| It is a bad idea, in fact, for any cryptocurrency that becomes large-scale. | |
| So Bitcoin is already obsolete because it can't scale up without consuming, you know, nation-scale electrical resources. | |
| So Bitcoin's future is very, very limited. | |
| But there could be other cryptocurrencies that don't use that kind of mining. | |
| In fact, Ethereum is switching away from mining in early 2018 or so, thereabouts. | |
| It's doing it sort of phase by phase. | |
| And other future cryptocurrencies will find other ways to generate coinage without resorting to hash computational algorithms that are used by Bitcoin that consume all of this electricity. | |
| And some of those algorithms might be tied to identity, for example, so that every living being gets a certain amount of coinage automatically every day. | |
| You know, you might get like one penny's worth of coinage in your wallet every day. | |
| And then you can trade with other people to buy or sell the coin supply. | |
| You know, it might just automatically be created, but it's tied to your identity. | |
| So only every living person only gets one, you know, one penny per day worth of coin. | |
| So that's one idea. | |
| It doesn't have to be tied to computational power. | |
| It could be tied to other things. | |
| But these are some big issues that I want you to think about. | |
| And nobody, as far as I know, nobody in the Bitcoin advocacy side of things is talking about this problem. | |
| The pollution caused by Bitcoin. | |
| The carbon dioxide emitted by the power plants that are fueling the Bitcoin mining operations in China. | |
| I've never heard anybody talk about that before. | |
| And it only became apparent to me after interviewing Kevin Lawton. | |
| But now it's like, wait a minute. | |
| Connect the dots on this one. | |
| Bitcoin is contaminating the world with mercury indirectly through the coal, you see. | |
| And how stupid is it to burn fossil fuels to create a virtual currency that's probably going to crash and burn anyway? | |
| How stupid is that? | |
| In any case, read up on this. | |
| I've got a couple of websites. | |
| One is called bitcoincrash.news. | |
| That's a new site. | |
| And I've also got bitraped.com, which I created when I realized this whole thing was going to crash and burn. | |
| So check out bitraped.com. | |
| It's spelled just like it sounds. | |
| Yeah, kind of vulgar, isn't it? | |
| But so is the future for this cryptocurrency, Bitcoin in particular. | |
| I think other cryptocurrencies will succeed, by the way. | |
| But I think Bitcoin's days are numbered for lots of reasons that I've talked about on those websites. | |
| So check those out. | |
| Stay informed. | |
| Be safe. | |
| And know your risk if you are playing around with any of this stuff. | |
| Thank you for listening. | |
| Mike Adams here, the Health Ranger for naturalnews.com. | |
| Learn more at healthrangerreport.com. | |
| Thank you for watching. | |
| If you want to support our mission, visit us at healthrangerstore.com for the world's largest selection of lab-verified superfood and nutritional products for healthy living. |
Export Selection