Dossier
Chris Battle
Coverage of Chris Battle in the Nexus archive.
- Steve Keen just went viral saying Bitcoin goes to zero. He predicted 2008 and he's no fool. But he's got this wrong.
Steve Keen, a complexity theorist known for predicting the 2008 financial crisis, argues Bitcoin will fail due to its energy consumption becoming politically unsustainable. Critics counter that Bitcoin's protocol adjusts to energy costs, reducing consumption, and that renewable energy transitions may provide cheap, abundant power for miners. The article challenges Keen's model by highlighting Bitcoin's adaptability and renewable energy synergies.