Margot Paez @jyn_urso Twitter profile | Pikagi

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Margot Paez

@jyn_urso

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Followers

956

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Climate change physicist and admirer of heterodox economics. I have crazy ideas about bitcoin. Tweets are my own, not my employer's. Climatepunks use bitcoin.

Black Earth, WI

https://t.co/OW6GPcM7ct

Joined March 2008

Don't wanna be here? Send us removal request.

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@jyn_urso

Margot Paez

3 years

Too much of our effort on climate change is spent mourning the death of our future. We can still have a future and we should still dream of what it can be. If we accept doom, then that’s what we’ll get. Yes, we need transformative change to get there, but first we need vision.

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@jyn_urso

Margot Paez

3 years

No, we are not changing the code, @Greenpeace . I am a climate activist and climate change researcher, bitcoin stays on PoW. DM if you want a serious conversation about this.

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Margot Paez

3 years

The latest attack on bitcoin makes it clear: Bitcoin is a threat to the existing financial system and its benefactors are using climate NGOs to do their dirty work. @Ripple CEO has teamed with @Greenpeace to play on emotions of people who care about the climate. This is wrong. 1/

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Margot Paez

1 year

@nsfwbunny143 @ramoumaaa I’m a “high functioning” autistic person and I do not act that way. That’s just bad acting.

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Margot Paez

10 months

Elizabeth Warren is a career liar. 1. Lied about being Native American. 2. Lied about Bernie being sexist. 3. Lied about wanting to take down the big banks that caused the Great Financial Crisis. The only thing Warren cares about is holding onto power at any cost. She wants to

@SenWarren

Elizabeth Warren

10 months

Crypto companies are spending millions building an army of former defense and law enforcement officials to lobby against new rules shutting down crypto-financed terrorism. This revolving door boosts the crypto industry, but endangers our national security.

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Margot Paez

3 years

Climate change is the greatest crisis that humanity has faced. Blaming Bitcoin's PoW instead of the existing financial system and their addiction to fossil fuels is missing the forest for the trees. I'm calling out @Greenpeace for being complicit in this climate denialism. 2/

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Margot Paez

6 years

Hey, hey! This March in ATL is looonnggggg. #FamiliesBelongTogetherMarch

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Margot Paez

3 years

I may have just shouted, “buy bitcoin” at family having a discussion about bailing out banks.

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Margot Paez

3 years

People who say Bitcoin mining wastes energy are so misinformed and at risk of harming our chance at an accelerated energy transition. It is my mission to change this narrative. A new article coming soon. Please stay tuned!

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@jyn_urso

Margot Paez

2 years

It’s official. I am taking an extended leave from Georgia Tech to focus on bitcoin and the environment related research. …This also means I need a job. Please share this with bitcoiners who are hiring, DM to talk. *Please RT*! 🙏 🧵 highlighting my background 👇🏽

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Margot Paez

3 years

Bought these at the farmer’s market with bitcoin. 🔥

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Margot Paez

2 years

Bitcoin is rules without rulers.

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@jyn_urso

Margot Paez

3 years

PoS is the existing system. It makes it easy for the wealthiest to make decisions. @Greenpeace , If we are serious about environmental justice, then we must begin with economic fairness. PoW is the only protocol that guarantees this. PoS is not our friend in this fight. /end

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Margot Paez

3 months

By the end of this year, I will have attended 12 or so bitcoin events for 2024. These have been great experiences but they have also shown me that at conferences, bitcoin appears as tho it is mostly for straight white men. Yet, we know that this isn’t true when we look at the

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Margot Paez

3 years

Together, they have a new website that promotes outright lies and debunked studies to push this climate whataboutism. In the following tweets, I will go point-by-point and show how wrong @Greenpeace is to make this devil's bargain with the very enemies we must defeat. 3/

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Margot Paez

3 years

"Recent estimates show Bitcoin uses more electricity than all of Sweden." Bitcoin a global monetary network. It secures close to 1 trillion USD. It provides a way for the most vulnerable people to protect their hard earned earnings from dictators and hyperinflation. 4/

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Margot Paez

2 years

Today, I am challenging @AlexEpstein to a debate at the upcoming @pacificbitcoin conference. Bitcoiners are not a homogeneous group. Many of us disagree with his slick climate denial thesis. What do you say, Alex? CC: @coryklippsten @CitizenBitcoin

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Margot Paez

3 years

Hi, @elonmusk , I want to talk with you about renewable energy and bitcoin mining as a way to accelerate the energy transition. Imagine this: solar + mining + Tesla Powerwall = better future. DM me! 🙏

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Margot Paez

2 years

It is not time for bitcoin to change. It is time for Greenpeace to change and stop colluding with the very banking system that funds rising emissions and anthropogenic climate change. Greenpeace should look up the Enterprise Ethereum Alliance members. Hypocrites.

@greenpeaceusa

Greenpeace USA

2 years

The long-awaited #EthereumMerge is here: the world’s 2nd largest cryptocurrency now uses 99.95% less energy, dramatically cutting its climate pollution! Now it’s time for @Bitcoin to change. Read our statement with @CleanUpBitcoin :

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Margot Paez

3 years

Furthermore, bitcoin's current electricity use is 0.5% of the total global electricity consumption. How much energy does the US use to protect its global monetary interests? 6/

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Margot Paez

2 years

My PhD advisor just told me that bitcoin is a "paranormal network of illegal activity" and one of his students is one day going to be handcuffed and carried away by the FBI. 🤣

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Margot Paez

3 years

It provides a payment platform that exists outside the financial system, so when activists are debanked (as Greenpeace activists have been in India), they can use bitcoin as a last resort. 5/

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Margot Paez

3 years

They wrote, "we argue that the Mora et al. scenarios are fundamentally flawed and should not be taken seriously by researchers, policymakers, or the public." (Masanet, et al, 2019) Why is @Greenpeace promoting this refuted study? Don't they believe in following the science? 11/

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@jyn_urso

Margot Paez

2 years

Bitcoin is such a cool technology. I wish more people could see it for what it is.

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Margot Paez

3 years

4) "A software code change could reduce Bitcoin's energy use by 99.9%." This sounds great on face value, but it misguided. PoW is what makes bitcoin a neutral network. It secures value and prevents security providers from taking over the network. PoS does not do this. 24/

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Margot Paez

3 years

Don't agree with the NYDIG results? Then, instead of wasting $5 million on useless ads, spend that money on scientists so they can do the real research. Let's have this battle in academic publications, where it belongs. 14/

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Margot Paez

3 years

I'm hosting a panel called, "Mining Bitcoin with Renewables", at Bitcoin22 in Miami, what questions would you like me to ask the panelists?

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Margot Paez

3 years

This is beautiful! Great work!

@carlabitcoin

CARLA⚡️

3 years

Hey @Greenpeace , We fixed your #changethecode video for you. Let us know if you're interested in honest discussion and better sources in the future. It's never too late to learn. #Bitcoin

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Margot Paez

3 years

My first op-ed in @BitcoinMagazine just dropped. Hopefully more of these to come. Thank you to the editors. Also significant is that this is my public coming out as a Bitcoiner. 🙊

Progressivism And Bitcoin Are Not Opposed

While people often see the two as lying on different ends of the political spectrum, Bitcoin is actually an a-political technology designed to help everyone.

bitcoinmagazine.com

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@jyn_urso

Margot Paez

2 years

The stupidity of state governments going after an industry that is one of many energy consumers and which uses not even 1% of global electricity, as if this will solve climate change. It won't. It won't even make a dent. 1/? (long 🧵)

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Margot Paez

8 months

I think it's funny how PoS proponents think that PoS is a technological advancement from PoW. As if once you've figured out PoW, the natural next step is PoS. But if you think about it, PoS should be the first solution you think of because it is the only solution that existed

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Margot Paez

1 year

Everyone should read @brian_trollz 's article on the new FinCEN rules. We have 90 days to respond. They want every transaction tracked. "FinCEN Proposes Insane Special Measures"

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FinCEN Proposes Insane Special Measures

FinCEN proposes regulations that would allow them to force businesses to report transaction details on almost anything they want.

bitcoinmagazine.com

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@jyn_urso

Margot Paez

6 years

Hanging out with friends. Protesting fascist policies. Just another day. #FamiliesBelongTogetherMarch

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Margot Paez

3 years

While this releases CO2 emissions, this is better than releasing methane directly into the atmosphere. Methane is 84x better at trapping heat than CO2, over a 20 year period. Why is @Greenpeace trying to stop us from reducing methane emissions? 18/

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Margot Paez

3 years

Cambridge Center for Alternative Finance agrees that these are not apple-to-apple comparisons. "There is nothing quite like Bitcoin that can be readily used for an apples-to-apples comparison. Bitcoin is many things to many people:..." 7/

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Margot Paez

3 years

Our best estimates come from NYDIG's modeling. They project bitcoin mining/PoW emissions to peak at 0.9% of total global emissions. How can @Greenpeace promote an outrageous claim that bitcoin will push us to 2 degree C? As a climate activist & researcher, I expect better. 13/

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Margot Paez

4 months

OK, bitcoiner who is whispering in Trump's ear...We do not want hashrate centralization in the US. This should be obvious. Please get it together.

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Margot Paez

3 years

If bitcoin mining were used to reduce methane emissions from flared/vented gas, combined with CO2 capture at the site, then local governments could create a dividend from this profit to fund a just transition. Bitcoin pays you to clean up the environment.

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@jyn_urso

Margot Paez

1 month

Bitcoin for me right now is about finishing my PhD on bitcoin mining. It’s a lot of work but I am as close as I have ever been to being able to defend my thesis. I have a lot of educating to do among the academic community about why any of this even matters. It’s not an easy

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Margot Paez

3 years

2) "Bitcoin alone could help warm the planet more than 2 degrees." This comes from a well-refuted study published in Nature Climate Change. In the same journal, three other publications challenged the original's dubious methodology. One group provided a clear warning... 10/

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@jyn_urso

Margot Paez

2 years

I’m traveling to Malmo, Sweden next week to speak at a climate tech conference about bitcoin’s use case as a tool for climate mitigation. Can’t believe this is happening. Looking forward to repping @btcpolicyorg while I am there!

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Margot Paez

3 months

“Straight to journal!?! Which journal?” My PhD advisor’s comments on my conference paper draft about bitcoin mining load flexibility. Really positive feedback on my study! Instead of submitting this to a conference, we will be submitting to a high impact journal. This is a big

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Margot Paez

3 years

"...and still others are primarily drawn to the incorruptible notary function enabled by its tamper-resistant public ledger. As a result, direct comparisons to other activities that appear similar on the surface can only provide a partial – and...incomplete – picture." 9/

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Margot Paez

3 years

"...some consider it a new store of value in the form of a synthetic, counterparty-free commodity; others prize the underlying value transfer system that enables both payment and settlement functions in a permissionless and censorship-resistant fashion;..." 8/

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Margot Paez

1 year

@VespyrKid @nsfwbunny143 @ramoumaaa Sure, explain it however way makes you happiest. Still does not do any justice to autism representation.

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Margot Paez

3 years

Bitcoin miners monetize the capture of flared gas, which is a 100% combustion conversion from CH4 to CO2 and H2O. This generates electricity to operate the mining equipment. 17/

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Margot Paez

3 years

Fighting bitcoin energy fud is exhausting. Been at it all day and still more to write. Aaagghhh.

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@jyn_urso

Margot Paez

3 years

The reality is that bitcoin's energy consumption cannot be measured using per transaction estimates. PoW/mining provides security for the network, once that is met, the only additional cost comes from transaction fees. Right now, that is 1% of miner earnings. 12/

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Margot Paez

2 years

At the university, I got in trouble for my involvement in the bitcoin world. My advisor disliked that I was writing policy papers, that @thetrocro and I influenced the White House and Congress on two occasions, that I was talking climate solutions at conferences around the world.

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@jyn_urso

Margot Paez

2 years

Don’t use centralized exchanges. @bisq_network is bitcoin only, it’s anonymous, and it’s fully decentralized software. A little intimidating at first, but highly reliable.

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@jyn_urso

Margot Paez

2 years

I had zero care for markets and knew nothing about them until I got serious about bitcoin. It's even forced me to learn about futures markets so that I can understand things like stablesats and hedging volatility. There's no better school than bitcoin.

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Margot Paez

4 months

@goodhorsemen @ValerioCapraro Yeah, I think ChatGPT could have done a way better job. I think the OP might just be biased against ESL students.

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Margot Paez

3 years

Given the right local legislative environment, places like Texas could use mining as an effective tool to reduce methane emissions and even capture CO2 at the source using CCS. This is what @Greenpeace should be promoting. Real tools, right now. 20/

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Margot Paez

3 years

3) "Bitcoin is resurrecting fossil fuels." There's two parts here. First, flared gas is a byproduct of fossil fuel production that is not very efficient, especially under windy conditions. More than that, flaring methane is harmful to rural and low-income communities. 15/

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Margot Paez

1 year

I see "Buy Bitcoin" is trending. Don't only buy bitcoin, study bitcoin.

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Margot Paez

3 years

The goal is not to extend the lifetime of fossil fuels, but given government inaction, we must find alternative routes to reduce emissions. The IPCC reported that 0.3 deg C of the 1.1 deg C of warming is due to methane emissions. We need to reduce these emissions NOW. 19/

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Margot Paez

3 years

Politicians are rigging the energy market to make coal artificially cheaper, this is the only reason why mining can work with coal. The good news is that as more renewables come online, the cheaper prices will be. Making it impossible to run a coal plant. Time is on our side. 22/

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@jyn_urso

Margot Paez

4 months

Trump bought quite of a lot of you for free.

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@jyn_urso

Margot Paez

3 years

Yes, we have seen a few coal mines come back to life using bitcoin mining. However, this is primarily due to state-level fossil fuel subsidies/tax breaks and a failure to secure a just transition for coal miners and their communities that depend on revenue from these plants. 21/

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Margot Paez

4 months

@sofiaxaguilar @laurenancona So much of this statement is fear mongering.

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Margot Paez

3 years

Flared methane causes respiratory problems, nausea, headaches, dizziness and causes pregnancy complications. It is an eye sore to the local communities. 16/

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Margot Paez

11 months

I'm going to stop saying bitcoin mining and start saying bitcoin proof-of-work centers.

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Margot Paez

3 years

What we need is a just transition for coal miners and for their communities. Bitcoin can't solve this problem alone. We need politicians and organizations like @Greenpeace to take action. Let's work together to save our coal workers. 23/

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@jyn_urso

Margot Paez

6 years

My favorite part of Bernie’s rally today were the chants of “no more wars”. 🐦 #Bernie2020

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@jyn_urso

Margot Paez

2 years

The bitcoin as methane reducing tech is a great story but here's why you won't get climate activists celebrating... 1/🧵

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@jyn_urso

Margot Paez

2 years

This is how demand response works. DR is one essential tool for managing a renewable energy based grid. RE suffers from the “cannibalization effect” without DR. I can share a few peer-reviewed papers with you if you are unconvinced. Educate yourself before making bad takes.

@web3isgreat

web3 is going just great

2 years

Bitcoin mining operation Riot Blockchain earns more money in July by not mining, effectively mines without paying for power August 8, 2022

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Margot Paez

2 years

The NYTimes article got 4 million views but our response has only 40 thousand (an amazing achievement for our ting org ngl). Please help us get more visibility and spread our response which corrects the narrative on bitcoin mining. Please RT this tweet. 👇🏽

@btcpolicyorg

Bitcoin Policy Institute

2 years

A recent @nytimes article argues that Bitcoin mining hurts people and the planet. Here’s what they miss.

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Margot Paez

2 years

So, @SenWarren proves she is not only incompetent, not only an opportunist, but that she’s also dangerous. I remember when she tried to take on the big banks, now she takes on people who are trying to do what she and other democrats failed to do. Sorry, you can’t kill bitcoin.

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Margot Paez

3 years

@Breedlove22 Maybe delete this tweet…

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Margot Paez

6 years

#BernieSoBlack borders on anti-Semitism. Jews were the biggest non-black supporters of the NAACP and the Urban League. Jews were part of the Civil Rights movement. Bernie is so Jewish. Social justice is a big part of being a Jew. Some have forgotten this, but not Bernie.

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Margot Paez

4 months

Lyn is an amazing woman.

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Margot Paez

2 years

Reason #19833 for why I like bitcoin: I'm forced to interact with people I normally would never find a reason to associate with. I think this is big win for all of us given how polarized American society has become.

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Margot Paez

2 years

No respectable university would let their graduate students defend a thesis/dissertation that includes a handwritten figure like this. This is a joke.

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Margot Paez

1 year

Calling all environmental bitcoiners! I'm pleased to announced our first Environmental Bitcoiner Meet Up at this year's @TheBitcoinConf . Where: Sweet Liberty Drinks & Supply Co 237 20th St, Suite B When: May 19th, 2023 6:30pm - 9pm RSVP FORM:

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Margot Paez

2 years

This is embarrassing. It does not cease to amaze to see how little effort academics put in to determine whether a guy who is a central banker—who knows he is not being honest about his methodology and his agenda—is being honest and fair. Reach out to the ppl doing the work.

@leahstokes

Dr. Leah C. Stokes

2 years

If you've heard crypto is bad for the climate, you don't even know the half of it. Crypto has has created more climate pollution than ALL electric cars have saved -- EVER. It's literally keeping coal plants open in America. Tune in to @degreespod .

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Margot Paez

1 year

@kthalps No, not Regina Spektor, too?! What did she say? I'm going to cry.

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Margot Paez

1 year

If bitcoin isn't about making money but about making money better then why all this price action talk?

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Margot Paez

1 year

Bitcoin miners are strongly negatively correlated with summer peak time ERCOT system wide load. Most loads including typical data centers do not share similar correlations. This means when demand is high, miners power down but other loads generally do not. According to a March

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Margot Paez

1 month

Trump rug pulled you.

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Margot Paez

3 years

@PeterGleick This isn’t correct. Could we talk about this, Peter? There are many environmentalists in the bitcoin community and bitcoin mining has a role to play in the renewable energy transition. I know this is hard to believe, but it is true!

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Margot Paez

2 years

So this happened post-hearing. Rob Altenburg blocks people who disagree with him. Very disappointing.

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Margot Paez

2 years

Relieved to announce that we submitted our report in response to the White House Exec Order request for info! Next up is for @thetrocro and I to finish revising our white paper on bitcoin, energy and the environment. Can’t wait to finish it and share it with all of you.

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Margot Paez

3 years

I am looking forward to going home and hiding behind my computer again.

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@jyn_urso

Margot Paez

10 months

Hot take for bitcoin land: UBI is a good thing.

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Margot Paez

2 years

Climate activists need bitcoin as one of their tools for system change. This is so not easy to understand, but how will you achieve system change, not climate change, if you don’t change the fundamental economics of society?

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Margot Paez

2 years

@wef Here’s why this is wrong.

@jyn_urso

Margot Paez

3 years

The latest attack on bitcoin makes it clear: Bitcoin is a threat to the existing financial system and its benefactors are using climate NGOs to do their dirty work. @Ripple CEO has teamed with @Greenpeace to play on emotions of people who care about the climate. This is wrong. 1/

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Margot Paez

2 months

People, wake up. Bitcoin was never about political party platforms. Political parties are dead. Bitcoin is a way out of this system, stop trying to force it into something where it doesn't belong.

@BitcoinMagazine

Bitcoin Magazine

@BitcoinMagazine

2 months

JUST IN: 🇺🇸 The Democratic Party releases its platform, with no mention of #Bitcoin or crypto.

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Margot Paez

1 year

@NoahCRothman Were you living under a rock? The rest of us saw how ugly the following decade was and we're still living through the second order effects.

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Margot Paez

2 years

I realize that some of you expect me to have a nicer, more cordial response to the @greenpeaceusa / @thevonwong video. But I can't. It's misinformation like that that makes it impossible for me to be open with my friends about what I do.

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Margot Paez

2 years

We may not be able to change hearts and minds at @greenpeaceusa , but I want ppl to know that the efforts that @thetrocro (and others) made were worthwhile, anyway. Troy deserves a lot of respect for trying to get them to see that there is a better way. Thank you, sir. 🫡

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Margot Paez

8 months

We all know this is unsustainable, right? Right?

@pete_rizzo_

The Bitcoin Historian

8 months

#Bitcoin is testing all-time highs before the halving. This has NEVER happened before in history

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Margot Paez

4 months

I have enough data and analysis done to be able to write-up my first bitcoin mining academic conference paper. Not sure if the conference will accept my submission, but it's an important first step towards getting my first publication. Wish me luck!

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Margot Paez

2 years

Ripple + @greenpeaceusa “Change the Code” twitter account ( @CleanUpBitcoin ) has only 725 followers. 😬 If you really want to “clean up” bitcoin, Greenpeace, then talk with @thetrocro , @DSBatten , myself and many others who can explain how mining helps clean up emissions.

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Margot Paez

3 years

Bitcoin uses ~140TWh. This is how much we need to ramp up (in units of TWh) to meet the Paris Agreement goal of stopping warming at 1.5 deg C. We have a lot of work to do. Mining will be part of this transition, greening the hashrate is just a matter of time.

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Margot Paez

3 years

I don’t think it has hit me yet that I am moderating a panel at the upcoming bitcoin conference. I did not expect this to happen when I wrote “A Financial Hail Mary for the Climate” last summer!

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Margot Paez

2 years

The number of people not realizing $300 in 1961-1965 is not the same as $300 in 2022 in my feed today is astounding.

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Margot Paez

8 months

I think a lot of people in the bitcoin space underestimate the importance of soft skills at this stage of adoption.

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Margot Paez

2 years

My thoughts on today's hearing, "Air, Climate, and Environmental Impacts of Crypto-Asset Mining"... Sigh. 🧵

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Margot Paez

2 years

@ewg I am a climate activist and bitcoiner. I just gave a talk at a climate tech conference about bitcoin. We are aligned! Let’s work together to simultaneously fix climate change problems and push bitcoin’s emissions to zero. My DM’s are open. Please contact me.

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Margot Paez

1 year

Found this in my photo gallery. First date material?

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