Bitcoin's Enviornmental Impact/ Hashgraph

https://forkast.news/bitcoins-mining-environment-earth-day/

 In a previous chaneling in December, 2017 Hilarion made the follwing statement regarding Bitcoin: 

Right now, it does seem to be very much on track that it's a bubble and it is going to increase and it's going to be valuable and then it's going to collapse. When it does there will be many people who will be hurt by this, but there will be many people who will get out in plenty of time. Then the question becomes simply when to get out? It does appear that right around $60,000, does seem the target energy. That when one bitcoin is worth about $60,000 US dollars, this process of devaluation and difficulty comes in as more and more likely and at the same time alternative systems such as Hashgraph and others become the underlying basis for new currencies. There will be a big movement from Bitcoin into a new cryptocurrency that is supported by Hashgraph or some underlying system. 

The big issue for so many is as to whether using a computer, if any of these cryptocurrencies can be hacked. Meaning: that somebody who has not earned this, has not through trading of dollars for Bitcoins or goods and services for Bitcoins or whatever, just by manipulating a computer has been able to bring all of this money into their own life.

It has been shown how this is impossible with Bitcoin and we agree with that from every analysis we have and how it is also very inefficient and how Hashgraph is then going to take this into account and make it so much simpler. Indeed, it will be  that which is a superior system to that which Bitcoin uses.

  https://loridunn.blogspot.com/search/label/Bitcoin

June 21, 2024

Hilarion:  A question has arisen about money since it has been proposed that the arbitrary standard of money be extended even further to a way in which it transcends countries or cultures. This has been how Bitcoin has been taken up and it is very clear that if it becomes the universal currency there will be many environmental consequences on your planet. It is simply not possible to sustain something that inevitably increases in its energy use in order to maintain it. There is of course, other ways; perhaps an agreement on a universal currency or something that transcends because it is on the way to no money at all. Money being unnecessary. We see that in most successful civilizations where money has been a part of that civilization, it has eventually been jettisoned as being more trouble than it's worth. 

But, for now, it is that which takes place of love, and trust and the way you work with others so it only makes sense that you could transform that which is based on a single country to that which is universal all across the planet. Although, various other systems have been proposed, it does seem that the founder, the originator of Bitcoin, Satoshi, he must step forth and he must speak and say, he can remain anonymous of course, but to say, “this needs to be transformed and it needs to be changed into a form to a way in which it is not inherently environmentally destructive," and he might propose one of the available well- studied universal currencies for this or come up with a new one.

But, the point is that in your consciousness if you are a Bitcoin user, if you are someone who has benefitted from this, if you have recognized its benefit to all of humanity, include this idea in your meditations. “That the person who would begin it, that those who would have been the various early adopters would step forth and say, “it is time to change.” Not to give it up but to transform it into something that has no such terrible environmental consequences. Indeed, there are now places on your planet where the entire energy output devoted to the Bitcoin Blockchain is greater than all of the energy use of an entire town and this will only continue further as more and more are involved. 

https://hilarion.com/