eladv

3 ms·

1. 1.▲
   by eladv 7mo ago

   Hi! I'm Elad, a Computer Scientist turned Startup Investor, and I founded Lunar Ventures, a fund investing in Computer Science startups across Europe and US. We wrote a thesis and Call for Startups about Teleoperation, and I think it&#
2. 2.▲
   Request for Startups: Teleoperation is the path to Autonomy(verbine.substack.com)

   2 points by eladv 7mo ago|1 comments
3. 3.▲
   by eladv 6y ago

   Yes, but the amount of capital that gets stored has nothing to do with the amount of electricity that goes into the system. Bitcoin is a "battery for value" (AKA a currency). But it's not a "battery for electricity"
4. 4.▲
   by eladv 6y ago

   Here is my rebuttal to this blogpost, where I claim that Bitcoin is not a battery, but rather a bottomless sink for marginal-cost electricity: https://medium.com/lunar-ventures/bitcoin-is-not-a-battery-i... And the HN
5. 5.▲
   by eladv 6y ago

   Thank you! When I wrote the blog post, I felt it's not clearly written, and that the point might get lost. I'm heartened to see that at least one person understood what I was trying to convey. I'm doing some edits of the post
6. 6.▲
   by eladv 6y ago

   The article deems neither Bitcoin's energy consumption nor the traditional banking system's as "acceptable" or "unacceptable". (e.g. check out the footnotes.) Bitcoin's energy consumption can be "just