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Daniel Batten: Bitcoin disrupts cycle of credit-financed wars and oil price hikes
Daniel Batten highlights what he describes as a recurring cycle connected to unlimited money printing: the launch of unnecessary wars funded by credit, leading to increased oil prices that disproportionately harm poor communities.
Batten contends that Bitcoin breaks this pattern by addressing its root cause. He frames Bitcoin not only as a technology for freedom but also as a tool for social justice.
Batten has previously revisited debates over Bitcoin's energy use per transaction, questioning common criticisms of cryptocurrency consumption in a recent article. He has also highlighted Bitcoin mining as a technology delivering rapid positive environmental benefits, discussing proven methods in a separate report. The author’s ongoing commentary covers both social and environmental aspects of Bitcoin’s impact.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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