Bitcoin. The biggest tail risks are AI valuation stress, an oil price shock, and rising sovereign-debt pressure.
Kenya blocks Koko’s carbon credit sales, forcing shutdown, 700 layoffs and cutting off 1.5m households from clean bioethanol fuel. Model relied on selling 6m carbon credits a year; without state ...
Paradigm argues Bitcoin mining is being mischaracterized in AI-driven energy debates, framing miners as flexible grid demand rather than energy drains.
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