The Loss Of Reputation And/Or Wealth
Whitney Tilson’s email to investors discussing energy consumption of bitcoin vs. the banking system; decline in oil consumption; Adam Neumann pockets another $245 million; Adam Wyden’s reckless tweets; calamity no. 1: loss of reputation and/or wealth. Q1 2021 hedge fund letters, conferences and more The Energy Consumption Of Bitcoin Vs. Banking System1) Here's Andrew Ross Sorkin of the New York Times with a spot-on tweet: Decline In Oil Consumption2) Speaking of energy consumption, here's a fascinating chart (source) showing that "the U.S. economy uses 70% less oil than 50 years ago to produce...