Lies from Elon Musk and climate change advocates have negatively impacted the #crypto world. We are observing a bear market in crypto, but it will not last long , because when people wake up to the disinformation being spread by those who wish to remain in power and keep the common man and woman in their place, we will witness a bull run anew. Patience and knowledge are key.

We all know Musk is a hypocrite. He holds billions in #Bitcoin but lies about the energy consumption it takes to mine crypto. These lies have led to uncertainty and fear in the crypto market. People are selling off in their panic but are missing the knowledge required regarding why they should ride this wave of blatant and ignorant disinformation out. As far as #BCH is concerned, our earnings have taken around a 50% nosedive. Manipulators like Elon Musk, globalist bankers, and poor fiscal policy of governments are wreaking havoc on the world through lies and mismanagement. Crypto is our hedge.

Energy Consumption Facts

According to the International Energy Agency, some 30% of all energy produced is wasted, unused. Thee IEA are climate change advocates, mind you. Globalists. But despite this, they maintain a remarkable reporting of energy use that is adequate.

When Elon Musk, Greta Thorn-in-the neck, and others whined about the "mass amount" of energy #Bitcoin was consuming, they did so to spread their false narrative. Instead of spouting lies and spreading disinformation, they should have looked at the facts. Maybe they did but ignored them. I don't claim to know.

Is #Bitcoin such a monster as these folks claim? Absolutely not. The simple fact is that of all the energy produced in the world, Bitcoin uses 0.5% of that energy. Say what? True. You may research it yourself. And as Bitcoin goes, so does #BCH and most other cryptocurrencies.

For those of you who buy into climate change, please turn off your air conditioners now. Your hypocrisy is showing. According to the IEA, air conditioning consumes a full 10% of the world's energy production. Fact! So yeah, if you want to believe in climate change, do us all a favor and swelter in the summer heat and "save the planet." Sadly, by 2050 (if we last that long) air conditioning energy output is expected to hit 30% of the global energy output.

If one takes the time to extrapolate this 30% number, it is equal to the energy use of all of China alone! China does not care about energy consumption, climate change or their imperialistic goals, but that's a separate topic. Below we see China miners.

Here's another stunning fact: bankers (centralized currency manipulators) use more energy than Bitcoin miners. Why do you think these people want to see the end of crypto? Power! What haters fail to realize is that the energy consumption of Bitcoin is equal to all of the energy consumption of Jordan.

Energy Consumption versus Carbon Output

Folks, these are completely different. Do not be fooled by the grifters who state otherwise.

Crypto developers are using up the wasted energy of the world by using hydropower (water energy), natural gas leaks, coal and solar power. Furthermore, they are at work on better energy consumption to reduce emissions. Presently, a mere .13% of emissions comes from Bitcoin.

In the end, beware the misinformation from the wealthy elitists who want to keep you under their thumb. They do not want you to have financial freedom but rather to keep you dependent on them for your needs. Resist!