Bitcoiner Weighs in on Electric Cars Saving the Planet

It is interesting to see views on mitigation policies from outside our community. And by community we mean both sides arguing over the topic of AGW for years.

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JoHo
April 24, 2021 2:25 am

𝑵𝑶! They will create many more problems than they are supposed to resolve and China will, undoubtedly, be rubbing their hands in joy when they, eventually, control the rare minerals required to build hundreds of millions, if not billions, of Batteries including those for the imposed EVs in a few years time!

(𝐶ℎ𝑖𝑙𝑑 𝑡𝑜 𝑤𝑜𝑟𝑘𝑖𝑛𝑔 𝑐𝑙𝑎𝑠𝑠 𝐷𝑎𝑑, “𝑐𝑎𝑛 𝐼 ℎ𝑎𝑣𝑒 𝑎 𝑐𝑎𝑟 𝑓𝑜𝑟 𝑚𝑦 17𝑡ℎ 𝑏𝑖𝑟𝑡ℎ𝑑𝑎𝑦?” 𝐷𝑎𝑑 – “𝑁𝑜 𝑐ℎ𝑎𝑛𝑐𝑒 – 𝐼 𝑤𝑖𝑙𝑙 𝑐𝑜𝑛𝑠𝑖𝑑𝑒𝑟 𝑏𝑢𝑦𝑖𝑛𝑔 𝑦𝑜𝑢 𝑜𝑛𝑒 𝑓𝑜𝑟 𝑦𝑜𝑢𝑟 30𝑡ℎ 𝑤ℎ𝑒𝑛 𝐼 ℎ𝑎𝑣𝑒 𝑎 𝑐ℎ𝑎𝑛𝑐𝑒 𝑡𝑜 𝑠𝑎𝑣𝑒 𝑢𝑝 𝑓𝑜𝑟 𝑎 𝑝𝑟𝑒-𝑜𝑤𝑛𝑒𝑑 𝑜𝑛𝑒”).  

Spetzer86
Reply to  JoHo
April 24, 2021 6:26 am

Well, China could control the materials needed for the batteries, they could control materials and production of mandated solar panels, and they’d control materials for mandated wind turbines. China could control just about everything that Western governments are attempting to inflict on their populations. But look over there….a shiny!

Bryan A
Reply to  Spetzer86
April 24, 2021 8:29 am

Squirrel

Jeff Labute
Reply to  JoHo
April 24, 2021 10:54 am

Sounds like my wife:
Wife: Honey, would you like a porsche?
Husband: Sure honey, sounds great!
Wife: Then go get one.

There was a recent local poll for the purchase of a next vehicle, would an EV be considered, and 39% said yes, 51% said no, and the rest were undecided (of 6013). Of course it was just “considered”. I can’t even imagine that many being available for sale.

Gary Pearse
Reply to  JoHo
April 24, 2021 8:27 pm

Rare Earths are quite abundant. Canada has very large resources of them, as do a number of other prominent mining countries. It is the ridiculously low prices charged by China because of absent environmental safeguards and very low cost, inefficient methods. In Guandong, locals dig pits in the weathered ore and directly pour concentrated sulphuric acid in them to dissolve out the rare earths that can be precipitated using lime or limestone. The acid sludge that remains, is pumped out and poured down the slopes destroying cropland down below. A significant amount is illegally mined by untrained villagers.

At the real cost of neodymium and disprosium for windmill turbine fixed magnets, this foolish technology would be much more expensive than it is today.

Bob Rogers
Reply to  Gary Pearse
April 25, 2021 8:52 am

I “considered” one last time I bought a car. Until they make one that can drive 900 miles in two days they aren’t a choice that I can effectively use.

John Culhane
April 24, 2021 2:34 am

3 minutes 40 seconds in to bypass the ads. Start of the discussion.

Ron Long
Reply to  John Culhane
April 24, 2021 3:15 am

Congratulations, John, you have more patience than I.

Scissor
Reply to  John Culhane
April 24, 2021 5:31 am

Thanks. The next 10 minutes following this are glorious and insightful.

Kenji
Reply to  Scissor
April 24, 2021 9:23 am

Indeed they are. I’m only left asking why there’s not a single person in our government who understands these basic facts? Why are they driving us all into an electric cul de sac?

Reply to  Scissor
April 24, 2021 10:35 am

Its worth listening to

James Donald Bailey
April 24, 2021 2:35 am

I have a suggestion to save energy.

Quit wasting it to mine bitcoins!

It is like somebody started a scheme to waste energy. Start small. Make it easy at first so that anybody can do it. But have the cost skyrocket until only people running massive air chilled computing farms can do it.

Massive energy waste just to create the illusion that the coins have value.

fretslider
Reply to  James Donald Bailey
April 24, 2021 3:34 am

They do have value

The electric Mini down the road is always charging – useless waste of resources

Redge
Reply to  fretslider
April 24, 2021 5:38 am

So much value that if you forget your password or lose your USB you can kiss goodbye to your imagination millions

fretslider
Reply to  Redge
April 24, 2021 5:47 am

So, far I haven’t done of the things you suggest and I don’t see that happening, anyway. You’d have to be pretty stupid.

I’ve bought quite a lot of stuff using coin and I also get a decent rate of interest – way above what the fiat banking system has to offer.

So, it has value and it can’t be messed around by the usual suspects. You don’t have to use it.

Robertvd
Reply to  fretslider
April 24, 2021 6:37 am

Everything can be messed around by the usual suspects.

Derg
Reply to  James Donald Bailey
April 24, 2021 3:54 am

The beauty of freedom is you get to determine how to spend your time and treasure. I think solar panels, wind turbines, phones and EV’s drive up electricity prices, but the only 2 that should be severely scrutinized by us are those stupid solar panels and windmills…those waste all of our time and treasure without choice.

Spetzer86
Reply to  Derg
April 24, 2021 6:28 am

Ask the EU how much choice those EVs will be if the ICE ban goes through.

Robertvd
Reply to  Derg
April 24, 2021 6:39 am

Freedom ? What country are you living in ?

stewartpid
Reply to  James Donald Bailey
April 24, 2021 3:55 am

I love it that whenever you see a picture of a Bitcon it is made out of (you guessed it) GOLD!!
I wonder why they don’t make bitcons out of bit??

Robertvd
Reply to  stewartpid
April 24, 2021 6:43 am

That’s why they also use the term ‘MINE’. In the same way the use ‘CARBON’ when they talk about CO2.

Robertvd
Reply to  James Donald Bailey
April 24, 2021 6:02 am

And how much energy uses the WWW ?

James Donald Bailey
Reply to  Robertvd
April 24, 2021 9:34 am

Very good point. Bitcoin leeches off of the WWW. True, we use the WWW for other things, so we can’t blame Bitcoin for all the energy wasted watching cat videos.

Bitcoin though requires access to computers and the internet and that most of the rest of our economies be stable. They haven’t forced that on the rest of our currencies. Yet.

I can still go to an ATM machine and convert my electronic bank deposit into real cash.

Rich Davis
Reply to  James Donald Bailey
April 24, 2021 12:58 pm

Can you really? Do you mean those pieces of paper or plastic that have no intrinsic value? How is that better than bitcoin?

Rob Leviston
April 24, 2021 4:13 am

Wow! What an informative and enlightened podcast! I may have to listen to that again, but he certainly cuts through the BS!
With electric cars, it will really be only the wealthy that will have them. Once our power grids have been totally decimated and replaced with unreliable power, there will will never be enough power to go round! It is like chasing the put of golf at the e end of the rainbow!

H.R.
Reply to  Rob Leviston
April 24, 2021 4:43 am

Rob: It is like chasing the put of golf at the e end of the rainbow!”
.
.
.
I’m still chuckling.

Kenji
Reply to  H.R.
April 24, 2021 9:26 am

Don’t be silly. Our electric future is power by Angel tears.

iflyjetzzz
Reply to  Rob Leviston
April 24, 2021 6:11 am

No, I disagree. Even one of moderate means can afford to buy a backup generator for their home. I don’t have one, as I live in an area where our power grid is solid. However, if I lived in crazyfornia any other area where they’ve gone full on nuts with alternate electric sources, I’d install a Generac (I’ve read some negative reviews on Generac but they’re the most common backup generator) or similar backup generator.

Spetzer86
Reply to  iflyjetzzz
April 24, 2021 6:29 am

Wonder what will happen to the price/availability of gas if ICE are banned or taxed out of existence?

iflyjetzzz
Reply to  Spetzer86
April 24, 2021 7:48 am

Home generators can run on nat gas and propane. I don’t see those disappearing due to their use in home heating.

John Dilks
Reply to  iflyjetzzz
April 24, 2021 7:58 am

Not every area has natural gas and propane available.

Bryan A
Reply to  John Dilks
April 24, 2021 10:03 am

They’ll find a way to mandate that all back-up generation must run off electricity like home heating and cooking

iflyjetzzz
Reply to  Bryan A
April 24, 2021 11:33 am

John, Brian, I’m able to live where I want. I’m approaching retirement age and am currently living in Las Vegas but am considering moving to FL in retirement.

I have no qualms with moving if such restrictions were enacted where I live.

Spetzer86
Reply to  iflyjetzzz
April 24, 2021 8:35 am

Would you be surprised that there’s a move afoot to ban gas heating of homes in Canada? Even in the USA, many areas don’t allow gas heated homes and expect all new construction to be electric.

iflyjetzzz
Reply to  Spetzer86
April 24, 2021 11:29 am

I’m not surprised by any stupid ideas anymore. I’ve seen where crazyfornia and new york are requiring that in the future, with massachusetts debating the same course of action. I will be saying my prayers hoping that none of the liberal morons who voted in the legislators who dreamt this up don’t move and wreck other states.

I had electric heat in a house in South Dakota due to the house being in a rural subdivision several miles outside of Rapid City that didn’t have gas lines out that far. Never again.
If Canada goes to all electric, you Canucks are screwed. Might as well make plans to move to another country.

I refuse to live anywhere that would legislate anything that stupid. I will move out of the US before living anywhere requiring such a stupid idea.
Seriously, do most people not know how electricity is generated? Are they really stupid enough to think that all electricity is generated through renewable sources? Idiocracy.

Paul C
Reply to  Spetzer86
April 25, 2021 4:27 am

Likewise in the UK. They start with new homes, so no connection to the gas network, and have scheduled a ban gas heating in older properties later. Along with a ban on ICE cars, and already restrictions on solid fuels, increased dependence on an electric grid powered evermore by intermittent sources sets us up for a fall. When people are cold and clamouring for a solution, what will be the next imposition willingly accepted by the desperate?

Beta Blocker
Reply to  iflyjetzzz
April 24, 2021 6:38 am

I’m looking at a Generac for my own home. What do the negative reviews say about it?

iflyjetzzz
Reply to  Beta Blocker
April 24, 2021 7:47 am

I’ve comments about their reliability. Someone commented that theirs had a fire.
I haven’t researched generators much, as it’s not an issue where I live.

chickenhawk
Reply to  Beta Blocker
April 24, 2021 8:39 am

worst I’ve heard is the exhaust fumes getting sucked back into the house. kindof expensive, but that depends on what’s in your wallet.

TonyG
Reply to  Beta Blocker
April 24, 2021 2:24 pm

I have one, propane fueled. Never had a problem with it except when I let it sit unused (even for the regular test starts) for 2 years. A quick maintenance (oil change, filters, and spark plugs) and it was back running just fine. Made a big difference during a 3-day outage last January.

Scissor
April 24, 2021 5:23 am

In summary, electric vehicles were immaculately conceived out of the farts of angels.

H B
Reply to  Scissor
April 26, 2021 3:43 am

unicorns

Kevin
April 24, 2021 7:07 am

I’m glad they bring up the point that factories that produce wind turbines and solar panels are not powered by the very same equipment they make. You would think that using renewables this way would bootstrap decarbonization and, given their supposed low cost, would in turn lower the cost of their products.

The latest photos I’ve seen of the roof of Musk’s Gigafactory in NV shows that perhaps 10% is covered with solar panels.

If renewables can’t produce their own generating equipment, how could they possibly be considered to power the grid?

Spetzer86
Reply to  Kevin
April 24, 2021 8:37 am
Bob Rogers
Reply to  Kevin
April 25, 2021 8:58 am

If renewables /could/ power their own factories, wouldn’t that make them a sort of perpetual motion machine?

Bruce Cobb
April 24, 2021 8:42 am

What I wanna know is, can chocolate cake save the planet?

meab
April 24, 2021 8:43 am

Skipped forward to avoid the ads. Landed on the part where they said that an engine block lasts 100K to 200K miles but the rest of the car could last 1 million miles therefore an EV could last far longer than an internal combustion car. Stopped listening at that point. Why? It is pure bunk for 2 reasons – 1) The average age of a car now on the road in the US is 11.9 years, and the average mileage is 13,500 miles per year. That means that the average mileage is about 160,000. To last a million miles the rest of the car would have to last 74 years. Laughable. The entire car would have few things that still work at 74 years of age. The body and chassis rusts. Technology becomes obsolete. Interiors wear out. Brake disks wear out. Wheel bearings wear out. Electrical systems corrode. 2) Batteries and electric motors wear out too. Tesloop, a Tesla company, has a Model S EV with 450,000 miles. It’s on its 3rd battery and 2nd motor. EV batteries are more expensive to replace than engine blocks cost to rebuild.

gringojay
Reply to  meab
April 24, 2021 8:54 am

Living off the land in a land of plenty isn’t what most expected it to be.

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Clyde Spencer
Reply to  meab
April 24, 2021 9:34 am

I had a 6-cylinder 1970 IH Scout with an estimated 500,000 miles on it (I lost track of how many times the odometer rolled over!). I had the engine rebuilt 3 times, the last time, just before selling it on eBay. The first re-build was at about 220,000 miles. Ten years of salt on the Ohio Winter roads did more damage to the body and undercarriage than 35 years in northern California.

Mileage may vary!

Vincent Causey
Reply to  meab
April 25, 2021 12:41 am

It reminds me of “Triggers Broom” (Only Fools and Horses).

Andre Lauzon
April 24, 2021 8:51 am

I have a question. Should the planet go into a little ice age again will the alarmist all cry for the people to produce CO2 asap……… to save the planet.!!

H.R.
Reply to  Andre Lauzon
April 26, 2021 3:35 am

Andre, they will not reverse course. They will seamlessly double down. Regardless of the problem, the solution is always, always to eliminate fossil fuels, raise taxes, and form a One World Government.

The reason for that is because it’s never about actually solving a problem. Control energy and you have near absolute control. Raise taxes to 100% because there is never enough OPM (Other People’s Money) for wealth redistribution schemes. And the elites can’t have absolute control if Nations can do what they want, willy nilly.

What always amazes me is how many useful idiots they can find to sell that program and how many more just plain idiots buy into that program.

markl
April 24, 2021 9:55 am

They certainly expose all the elephants in the EV room.

Trying to Play Nice
April 24, 2021 10:01 am

These folks certainly aren’t automotive experts. The engine block is probably one part that wouldn’t be replaced on a vehicle. But I can get an entire new ICE engine and probably the transmission for less than the Tesla battery. The other 6000-8000 parts are on both ICE vehicles and EVs. Do they think that the suspension is non-existent on an electric vehicle? Are there no seats, radio, climate control, interior lighting, door locks, body panels, etc.? Many of the parts on an EV are more expensive and prone to wear because of the weight of the vehicle, so maintenance would be more often and more expensive on those. Look at the maintenance schedule on a new ICE vehicle. Oil change at 8-10k miles. Tune-up at 100k miles. Transmission oil change at 60-80k miles. I don’t think EVs will run for a million miles or 20 years without any maintenance. If they did why would Tesla have a buyback program with a non-disclosure for their vehicles?

PaulH
April 24, 2021 11:51 am

If I get an EV, will I be able to mine bitcoin while I’m driving? 😉

Reply to  PaulH
April 24, 2021 2:13 pm

Most bitcoin mining is in China becuz its cheaper there….N. Korea and Iran like bitcoin since it lends itself to their criminal purposes…bitcoin is about greater fool theory – it will go up in price as along as there is a greater fool to buy it …..the IRS will know about any gains/losses and more bitcoin types can appear unlimited…..some people have a collector mentality – they collect things that only other collectors are willing to buy.

PaulH
Reply to  Anti-griff
April 25, 2021 1:00 pm

I agree with your greater fool assessment. Garage sales work on the same principle.

I’m only half-kidding about mining bitcoin while driving. My 2020 Kia has a surprising amount of computer power, especially compared to the 2008 vehicle it replaced.

dk_
April 24, 2021 1:29 pm

Strange, I was just realizing that we needed to save the world from bitcoiners.

John Klug
April 24, 2021 4:24 pm

The idea that electric cars will last longer ignores the bodies corroding. Both of the last two cars I disposed of was because of dangerous levels of rust. My Jeep frame needed replacing (rear axle control arms feel off the frame due to rust), which was far more than the value. My Mazda had no rocker panels left and the front end was no longer stable at highway speeds. Unless we prohibit salt (and allow studded tires again) there is a huge issue. Gravel roads in rural areas also are blasting cars. I have cars/ICE’s last over 15 years, and my Mazda lasted 23 years before the body was hopeless. The engine has never been an issue, and I keep cars until they can’t be driven. The last car that I lost was because somebody ran a red light. If I had a Tesla, would I be dead?

Nicholas Harding
Reply to  John Klug
April 24, 2021 6:53 pm

And all those vehicles were recyclable, if they did not go into a collection, they went to a scrap yard and just about everything but the “fluff” got recycled. Even the fluff may have become electricity. What fate awaits the electric car? Will it become a hazardous waste disposal problem? I had a client who ran a large auto recycling business, and when the local regulators got after him for a petty matter, he stopped taking in cars and trucks. Soon, people who used to sell their wrecks for scrap value were abandoning those cars on the street; local mayors got upset and started calling my client asking why he was not processing abandoned and scrap value cars and trucks….he said call Commission xxxx and tell the commissioner what an fool the commissioner is. The petty matter was quickly resolved. But the cost of disposal of dead electric vehicles may be greater than the scrap value. Will the last owner pay for vehicle disposal or will the last owner abandon the vehicle on the street somewhere?

JSMill
April 25, 2021 5:57 pm

Interesting “green” position from a Bitcoiner … the “mining” network of which consumes more electric power than Sweden … as in, the entire country of Sweden….

Last edited 1 month ago by JSMill
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