At the end he said “… keeping the grid in balance with millions of tons of spinning inertia.” Well, this is now being simulated by the electronics in the battery energy storage systems and other electronics. It’s called VMM – virtual machine mode. Soon, there will be very few thermal power plants left after all
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This doesn’t look good. https://ark-invest.com/newsletters/issue-310/
Quote: << President Biden to Sign Executive Order on Responsible Development of Digital Assets MARCH 09, 2022 STATEMENTS AND RELEASES Outlines First Whole-of-Government Strategy to Protect Consumers, Financial Stability, National Security, and Address Climate Risks >> https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/
Victims of $200 million hack of Bitmart crypto exchange are still waiting to get their money back. https://www.theverge.com/2022/1/9/22874734/bitmart-crypto-hack-victims-200-million
From a thread on FB group TSLA shareholders asking who holds cryptocurrencies. << Mark Zoeckler Jason Vickery when there is no underlying intrinsic value, it’s gambling Clayton Slade Mark is correct Clayton Slade Poker champions do a lot of due diligence. But they are still gambling. You only win what others lose. Zero sum. Owning
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