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Every $1 of Bitcoin value responsible for $0.49 in health and climate damages in US
(www.sciencedirect.com)
this post was submitted on 04 Mar 2021
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Technology
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Maybe Bitcoin mining takes much energy but this "research" is ridiculous. Each coin might be here for several thousands of years just like gold.
Soon perhaps within a decade most energy production will be sustainable.
It would be easy to forbidd unsustainable mining. If that were the case it would drive investment into sustainable energy.
But they can't do that. It would mean losing a negative talking point.
There is a very big chance Bitcoin might even accelerate the race to fusion energy.
Bitcoin plus fusion energy could propell humanity into a new kind of era.
The protection from inflation Bitcoin provides makes corruption, dictatorship and fascism way more difficult.
Corruption often badly damages the environment.
Hard to put a value on that.
https://www.powermag.com/fusion-energy-is-coming-and-maybe-sooner-than-you-think/