Viewing profile — eladv

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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 …

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 i…

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/bit…

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 tryin…

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 cons…