Bitcoin ESG

Bitcoin & ESG (Environmental Social Governance)

Social Governance

Well I've already expanded on climate . For the Social Governance part, Bitcoin is mostly ungovernable but it may govern our monetary system in a fair and incorruptible way. Like the Internet, we didn't really "get" it until it arrived but It's been hugely beneficial to mankind and there's no going back. Bitcoin is the internet of money.

Alex Gladstein on fire here ! at the Miami Bitcoin Conference.

Tulsi Gabbard roasting so called “American democracy”

Alex Gladstein's Book recommendations -

Check Your Financial Privilege: Inside The Global Bitcoin Revolution
Hidden Repression: How the IMF and World Bank Sell Exploitation as Development

"Are must reads to better understand the harmful impact of fiat currencies on a global scale and why/how Bitcoin is an essential part of the solution."

Unexpected Benefits

Reducing Banking investment in Oil & Gas (Divestment)
Like Gold - Backing a devaluing currency
Reduction in CO₂e from the Banking Sector its self
Reduction in Methane from the Oil & Gas companies
Balancing the grid Bitcoin miners say they’re helping to fix the broken Texas electric grid — and Ted Cruz agrees
Driving advances in more efficient computers
Struggling Pension funds are getting great ( 200%pa ) yield from Bitcoin EG Grayscale
No need for a pension, just buy Bitcoin instead
Provide low cost heating via home mining
Digital services such as Email may in the future cost a small amount of sats to send. NO MORE SPAM !
Video may cost a few sats. NO MORE ADDS !

Benefits

Ending any monopoly on the world reserve currency.
Banking the "Unbanked". The developing world could skip the whole banking thing (see Sunexchange)
Not having your savings devalued.
Second use of waste heat

The Cantillion Effect

The closer you are to the money printing press the richer you are likely to be. Why is it that we can buy beans grown in Africa, picked - put in a plastic package - ship round the world, cheaper than growing in our own gardens in the US/UK ? Or minerals mined cheaper than in our own countries?
Simple

Start

Print Money
Buy stuff from poorer countries - China, Africa, South America etc
Goto Start

The developed world has all the stuff. The undeveloped world has lots of rapidly devaluing paper money. We are resource rich they have little. Not only is it the biggest scam ever invented it has many negative effects-

Rewards rich & powerful
Finances war
Causes Hyper Inflation in small countries
Job Exportation - Disincentivises Businesses from operating in the West
Exporting waste
Resource wasteful
Exploits any country or class of people that do not have access to the money printer. It's tempting to call this RACISM but I prefer to call it EXPLOITATION as this scam applies to all races.

What would be the Green House Gas reduction in ending the West’s money printing scam?

Self Reporting ESG

Barclays Bank

If we're lucky, the banks show us their scope 1 & 2 emissions, but they never like to show the detail. They will gladly tell you how much they "reduced" emissions by or how everything is 94% renewables or "offset". So I'd take everything with a massive pinch of salt.
From Barclays ESG Report > (page 45)

HSBC

HSBC Bank direct (Scope 1 & 2) emissions from their ESG report.

HSCB financed emissions are orders of magnitude greater.

People once owned the land with out money

Indigenous tribes are forced of their ancestral lands by Governments, Industry & teems of highly payed lawyers with endless money. Of corse the tribes had/have no money and can not compete.

The Banks seem to have gone very quiet on ESG since they realised as far as climate goes
THEY ARE THE PROBLEM.

Further sources

The bitcoinpolicy is the UK go to point for Bitcoin information.

Great short videos about Real world bitcoin adoption from @Acceptingbitcoin

​Bitcoin & ESG (Environmental Social Governance)