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A batch of the best highlights from what Todd's read, .

Cambridge’s Centre for Alternative Finances estimates that bitcoin’s annualised electricity consumption hovers just above 115 terawatt-hours (TWh) while Digiconomist’s closely tracked index puts it closer to 80 TWh. A single transaction of bitcoin has the same carbon footprint as 680,000 Visa transactions or 51,210 hours of watching YouTube, according to the site.

Electricity Needed to Mine Bitcoin Is More Than Used by 'Entire Countries' | Technology | the Guardian

Lauren Aratani

anarchism is to Marxism-Leninism what Anabaptism was to the magisterial Reformation: a revolutionary movement predicated upon negating, rather than seizing control of, state power.

That Holy Anarchist

Mark Van Steenwyk and Ched Myers

The way violence, or the threat of violence, turns human relations into mathematics will crop up again and again over the course of this book. It is the ultimate source of the moral confusion that seems to float around everything surrounding the topic of debt.

Debt

David Graeber

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