Hi all, just wanted to provide the information that I've used to respond to friends and family and (mostly) co-workers about the actual comparison between BTC energy consumption and carbon footprint to that of traditional financial institutions. I don't think anyone here needs convincing, but if this helps anyone else to have the facts, I wanted to get them out there.
Rebuttal to the Bloomberg article:
coindesk.com/what-bloomberg-gets-wrong-about-bitcoins-climate-footprint
Comparison of BTC to traditional banking alone:
medium.com/@mukeat/carbon-footprint-differences-btc-vsbanks-a5f8f0b844d0
Comparing BTC to the whole traditional monetary system:
coincentral.com/what-is-the-environmental-impact-of-bitcoin-mining/
Rebuttal to the Bloomberg article:
coindesk.com/what-bloomberg-gets-wrong-about-bitcoins-climate-footprint
Comparison of BTC to traditional banking alone:
medium.com/@mukeat/carbon-footprint-differences-btc-vsbanks-a5f8f0b844d0
Comparing BTC to the whole traditional monetary system:
coincentral.com/what-is-the-environmental-impact-of-bitcoin-mining/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.