8r0ck3feller on Nostr: Funny, all the central bankers, politicians, and corporate board members need to do ...

Funny, all the central bankers, politicians, and corporate board members need to do to “address” climate change is embrace raising real interest rates - aka risk free rate(s) - to encourage savings and thrift over consumption,spending, and frivolity.

But these “leaders” can’t bring themselves to do it for either (1) incompetence but more likely (2) lack of courage to take action that will absolutely be wildly unpopular.

No matter, bitcoin increases the price of money for them without asking their permission. In this way, bitcoin addresses climate change better than any international treaty or mandated fuel switching/infrastructure build out. And that’s not even considering the direct benefits of monetizing waste/spare/curtailed energy (e.g. flare gas).