“So, which field of study helps us understand this highest goal? It must be the most important subject, the one that organizes everything else. That subject is politics. Politics determines how society should be structured. It decides:
• What subjects people should learn.
• Which skills are valuable.
• What rules should be followed.
Politics includes key areas like military strategy, economics, and public speaking. Because it shapes every aspect of life, its goal must be the greatest good for humanity. Even if the greatest good is the same for an individual and for a whole society, achieving it at a national level is more important. Helping one person live a good life is valuable, but improving life for an entire society has a greater impact. That’s why politics is such an essential study—it’s about making life better for everyone. But determining what is truly good is not like solving a simple equation. Ethics requires wisdom, and wisdom comes from experience. Just as we must train our bodies for strength, we must train our minds for virtue.”
-The Nichomachean Ethics - For Everyone, Aristotle, Kindle Edition, pg. 17-18
Delta Mike
deltamike@bitcoinveterans.org
npub1gxm5...kj0c
This is the way.
“What Is a ‘Good Life’?
Some people think happiness comes from having fun, making money, or becoming famous. Aristotle argued that real happiness is more than just feeling pleasure. It comes from living with purpose. It’s about making good choices and being a good person. He taught that if you want to be happy, you should:
• Think carefully before making decisions.
• Find balance—not too much, not too little.
• Be kind, brave, and fair.
• Practice good habits every day.
Happiness, according to Aristotle, is not just a feeling. It’s a way of living.”
-The Nichomachean Ethics - For Everyone, Aristotle, Kindle Edition, pg14
CLARITY ACT passes US House of Representatives with bipartisan support @Bitcoin Magazine


Happy 4th of July and may God Bless America!
Today is the feast day of Saint Thomas More. I pray for more men and women like him who will pay the ultimate price standing up for what is right and true against a tyrant who wants the opposite.
St. Thomas More (1478–1535) was born in London, the son of a lawyer and judge. He was educated in the finest schools and became a brilliant English statesman. He served in parliament, on the King's council, as a diplomat, and in many other prominent positions in public administration. He was highly esteemed for his unfailing moral integrity, sharpness of mind, humor, and extraordinary learning. He was also a faithful Catholic, a loving husband, and a devoted father. For his great abilities he was promoted by his friend King Henry VIII to the high office of Lord Chancellor, second in position to the king. He resigned from this post when the king, in open defiance of Church teaching, sought to divorce his wife in order to marry another woman, and to declare himself sovereign of the Church in England. Thomas More, a defender against heresy, refused to condone the king's actions. After trying unsuccessfully to persuade his friend to approve of what he was doing, King Henry VIII imprisoned More in the Tower of London. At his trial, More testified boldly for Church autonomy over the state, for the authority of the pope as head of the Church, and for the indissolubility of marriage in the eyes of God. He was eventually condemned and beheaded, dying as a martyr for the Catholic faith. Thomas More is the patron saint of statesman, politicians, lawyers, civil servants, and large families. His feast day is June 22nd.



Fountain
Tales of Abundance • Ep. 17 - Financial Sovereignty with Jim Lynch • Listen on Fountain
In this thought-provoking episode of Tales of Abundance, Dr. John Oberg and Randy Lorensen sit down with financial strategist and entrepreneur Ji...
Wealth without wisdom leads to ruin.
Cambridge Digital Mining Industry Report dropped today.
Download the full report:
Summary:
The Cambridge Digital Mining Industry Report provides an in-depth analysis of Bitcoin mining, covering global operations, industry sentiment, and energy use. Here’s a detailed breakdown:
Industry Evolution & Market Dynamics
- Bitcoin mining has transitioned from a hobbyist activity to a billion-dollar industry, with firms deploying state-of-the-art hardware and consuming gigawatts of power
- The industry is experiencing consolidation, with smaller operators struggling to compete due to rising electricity costs
- Energy expenses now account for 80% of total operational costs, making access to low-cost renewable energy a priority for miners
Energy Use & Sustainability
- 52.4% of Bitcoin mining now relies on sustainable energy sources, including 9.8% nuclear and 42.6% renewables like hydropower and wind.
- Natural gas (38.2%) has replaced coal (8.9%) as the dominant energy source, marking a significant shift in the industry’s energy mix
- Bitcoin mining consumes an estimated 138 TWh of electricity annually, about 0.5% of global consumption, with network-wide emissions of 39.8 MtCO₂
Geographical Distribution
- North America dominates Bitcoin mining, with the U.S. accounting for 75.4% of total reported activity, followed by Canada at 7.1%
- Former mining hubs like Kazakhstan have seen declines due to regulatory pressures and rising tariffs
- Verification of energy sources remains inconsistent, complicating efforts to assess and improve the industry’s carbon footprint
Future Outlook
- The industry is expected to see further mergers and acquisitions as firms seek economies of scale and resilience against Bitcoin price volatility
- Some mining firms are diversifying into AI infrastructure hosting, leveraging their expertise in large-scale power procurement and data center management

Cambridge Judge Business School
Cambridge Digital Mining Industry Report: Global Operations, Sentiment, and Energy Use - CCAF publications - Cambridge Judge Business School
This Cambridge Digital Mining report examines crypto mining economics and energy use. Review methods, regional patterns and implications for policy...
#AskNOSTR: Who has the best (logical & sound) anti-Bitcoin argument? Looking for a free article/link/pdf, if possible. Thanks in advance
