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About That Sensationalist Bitcoin Electrical Consumption Story

About That Sensationalist Bitcoin Electrical Consumption Story

Authored by Charles Hugh Smith via OfTwoMinds blog,

Check the context before uncritically accepting sensationalist conclusions.

Let's start with a primer on how to write a sensationalist story that can be passed off as "journalism:"

1. Locate credible-sounding data that can be de-contextualized, i.e. sensationalized.

 

2. Present the data as "fact" rather than data that requires verification by disinterested researchers.

There Have Been 698 Earthquakes In California Within The Past 30 Days

There Have Been 698 Earthquakes In California Within The Past 30 Days

Authored by Michael Snyder via The Economic Collapse blog,

Why is the west coast shaking so violently? 

According to the latest data from Earthquake Track, there have been 698 earthquakes in California within the past 30 days.  By the time that you read this article, that number will undoubtedly have changed.  In recent days I have felt such an urgency to write about the seismic activity on the west coast, and I am quite concerned that so few people seem to be paying attention to what is happening.

"My Crazy $17,000 Target For Bitcoin Is Looking Less Crazy"

"My Crazy $17,000 Target For Bitcoin Is Looking Less Crazy"

Authored by Charles Hugh Smith via OfTwoMinds blog,

The basis of this admittedly crazy forecast was simple: capital flows.

image courtesy of CoinTelegraph

I think we can all agree that bitcoin (BTC) is "interesting." One of the primary reason that bitcoin (and cryptocurrency in general) is interesting is that nobody knows what will happen going forward.

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