Banking on Biometrics: Is Fraud Prevention the Real Goal?| batcoinz.com
From 1 September 2025, Vietnam’s Central Bank began freezing 86 Million accounts that lacked user biometric data, stating that the reason was “fraud prevention.” This significant step gives pause to ask “what are the risks of widespread biometric data on financial accounts?”, “do alternatives exist” and “is fraud prevention really what this is about?”| Batcoinz
What’s going on?| Batcoinz
Question: | Batcoinz
Overview| Batcoinz
Original report: https://earthjustice.org/experts/mandy-deroche/how-much-do-we-subsidize-cryptocurrency-minings-electricity-use-no-one-knows| Batcoinz
Yes you read the headline correctly. A lot has changed since 2021 (better research, better data, and the greening of Bitcoin mining itself). In fact, this thesis is now supported by the scientific consensus (14 of the last 16 papers on Bitcoin and energy suggest positive environmental impacts from Bitcoin mining), a conclusion shared by […]| Batcoinz
Gas peaker plants, which fire up during periods of high electricity demand, are a critical yet environmentally damaging component of many energy grids. These plants emit significant amounts of CO2, nitrogen oxides (NOx), and particulate matter, disproportionately impacting low-income communities near their locations. While there is broad consensus on the need to phase them out, […]| Batcoinz
The World Bank set an ambitious goal: eliminate nearly all gas flaring by 2030. Flaring, the burning of excess natural gas during oil extraction, is a major environmental problem, releasing millions of tons of CO2e (CO2 equivalents) in the form of methane and other toxic pollutants into the atmosphere annually. The problem is, flaring only […]| Batcoinz
A detailed guide I believe that the most important action that Bitcoiners can take, which is not currently being taken with enough focus/skill, is to improve the way we communicate the value of Bitcoin to the next wave of Bitcoin adopters. These people are the “early majority”. They care about different things to the early […]| Batcoinz
The English word “measure” comes from the Sanskrit word “maya”. Maya refers to illusion, but also the measurable world. Bitcoin is perhaps the most important freedom technology in Maya, but it is still therefore part of the matrix, the world of things, of the measurable. While we talk of “escaping the matrix” in Bitcoin, and […]| Batcoinz