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Nine 9 Blog of Monday, 13 November 2023

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The convergence of Bitcoin and the Climate Change Agenda



**The Intersection of Bitcoin and the Climate Change Agenda**

*Opinion by Enza Coin - Nov 9, 2023*

In discussing Bitcoin adoption, drawing inspiration from the strategies employed by the global climate change movement can be impactful. This article aims to explore how Bitcoin enthusiasts can effectively implement concepts utilized by the climate change agenda, particularly in promoting green investments, to expand the adoption of Bitcoin.

While acknowledging the natural appeal of Bitcoin in the context of global financial instability, it's crucial for Bitcoin advocates to move beyond crisis-driven narratives. Applying professional and systematic methods, akin to the coordinated efforts seen in the climate change movement, is essential for sustainable growth in Bitcoin adoption.

By aligning with globally recognized agendas like climate change, Bitcoiners can gain visibility and recognition. Despite attempts by the climate change movement to portray Bitcoin as a threat, adopting similar tactics and approaches can help Bitcoin enthusiasts garner attention and support.

The timing for considering these tactics is opportune, coinciding with the upcoming United Nations Climate Change conference, COP28, scheduled from November 30 to December 12 in Dubai.

**Time Preference in Bitcoin and Green Investments**

Drawing parallels between the global climate change movement and Bitcoin, both emphasize the importance of investing today for greater future benefits. Concepts like discount rates, present values, and cost-benefit analysis, commonly employed in green investments, can be applied to articulate the value proposition of Bitcoin. Similarities in discussing time preferences and creating generational wealth underscore the shared concepts between Bitcoin adoption and the global green movement.

**Applying the Social Discount Rate to Bitcoin Adoption**

The Social Discount Rate (SDR), a tool used by the climate change movement to calculate the present value of future societal benefits from green investments, finds relevance in the context of Bitcoin adoption. Balancing current spending with future societal benefits, the SDR aligns with Bitcoiners' discussions on creating generational wealth and preserving assets against devaluation.

**A "Just Transition" and Bitcoiners**

Examining the climate change movement's concept of a "Just Transition," which addresses the impact of green policies on individuals, offers insights for Bitcoiners. Considering how Bitcoin adoption can protect individuals' wealth for the future aligns with the climate change movement's goal of minimizing negative impacts on lower-income individuals during the transition to green technologies.

Applying the concept of a "Just Transition" to Bitcoin involves asking about the future value of retaining individual sovereignty. This intangible aspect of Bitcoin's benefits, similar to the climate change movement's challenge in valuing future societal benefits, underscores the complexity of the trade-off between present and future welfare.

**Planning for the Societal Benefits of Bitcoin**

Bitcoin adoption, viewed as a societal benefit, shares common ground with the advertised benefits of the climate change agenda. By effectively applying the concepts of societal benefits, such as the SDR, Bitcoiners can articulate the positive aspects of adoption. This strategic planning is crucial for conveying the security and preservation of wealth that Bitcoin offers against devaluation.

In conclusion, proactive planning, incorporating concepts from the climate change movement, is essential for fostering further Bitcoin adoption. By effectively communicating the societal benefits and aligning with recognized global agendas, Bitcoiners can contribute to building a secure financial future for generations to come. As Benjamin Franklin aptly stated, "By failing to prepare, you are preparing to fail." Let's not fail future generations.