Bitcoin and the environment

What is the hidden price we're paying?

Cryptocurrencies are one of the most capitvating alternatives to traditional finance. Onmipresent and borderless, anybody with a phone can participate. Intermediaries don't wear suits but own data center somewhere in China.

Yet, did you know that in the process of simply existing, Bitcoin & Co use an astonishing amount of energy?

Let's test your knowledge.


Crypto isn't going anywhere. 24/7 clean energy production, demand responsiveness and other strategies can mitigate the negative environmental impact. Why not put in place a proper CO2 and energy tracker for each Bitcoin transaction? Or, introduce a virtual carbon credit regime for virtual currencies *with very tangible environmental effects?

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