'Buy Bitcoin, plant a tree, lower your time preference': a Sequoia story
“I'm trying to get people to plant trees," says Fangorn, a green-fingered Bitcoiner, "as an avenue for low-time preference.” When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root. “Zoom out” refers to taking a break from the omnipresent price charts that populate news feeds and Twitter threads. Consider looking at the price of Bitcoin (BTC) over the past five years–as opposed to over the past 6,12 or 18 months.HODLing Bitcoin has far outperformed HODLing stocks over the past five years. But what does “lower your time....
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Last year, the Cardano Foundation announced that it was partnering with Veritree to plant a million trees. This partnership was part of the project’s commitment towards going carbon green and helping to combat climate change. Over the next few months, the foundation had continued to push this project, raising money in the process for the trees. Now, the foundation is ready to begin planting its million trees as it completes funding for its project. Cardano To Plan 1 Million Trees In Kenya In a recent tweet, Chief Executive Officer of the Cardano Foundation, Frederik Gregaard, confirmed....
Blockstream and bitcoin core developer Pieter Wuille introduced the concept of tree signatures to create a more efficient multi-sig method with enhanced privacy. Tree signatures can be coded only in the extended Alpha scripting language and can implement M-of-N multi-sig transactions more efficiently than bitcoin scripting, as it requires more than one keyholder to participate. With tree signatures, only the keys actually used for signing are exposed to the public. For instance, in a 1-of-N multisig policy, only one key is revealed on spending and the other keys stay hidden. Bitcoin and....
The Galaxy phone maker will lead a tree-planting initiative in Madagascar and track it using distributed ledger technology. Samsung Electronics America announced Monday at the CES Tech Conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant two million mangrove trees in Madagascar over the next three months. veritree uses blockchain technology to manage the reforestation process and verify each tree that is planted.The tree-planting initiative is part of Samsung’s nature-based action plan on environmental sustainability, specifically....
In its yet another innovative and interactive game, MMORPG casino Dragons.tl brings more options for players to win Bitcoin rewards. The game, according to platform’s official wiki guide, features trees with difference species. “Every week, one species of tree starts to pay 105% for bets of 1 btm or more, while three species start to pay only 85%,” Dragons.tl explained. “In Treefalls, hunches are often real! The purse grows by 10% of the bet amount, on every bet, on a cursed tree. It loses 10% on every bet on a magical tree. This is regardless of whether the bet is a win or a loss.” It is....
Green energy powers most of Bitcoin mining and the world might as well face it. And the rest of the cryptocurrencies that use Proof-Of-Work might be right behind, because they follow the same incentives. In their quest for cheaper energy sources, they all reach the same conclusion. Humanity is wasting renewable energy all over the world. And wasted energy is the cheapest of them all. In today’s story, a hydropower plant that had to pause operations for nine months found cryptocurrency mining and got the dream client they needed. Reuters gives us the prelude to the story: “The plant was....