2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 422.23

+1.9%

Jan 12 4:00 PM EST

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To: TobagoJack who wrote (170862)	4/22/2021 10:45:38 PM
From: bull_dozer	Read Replies (1) of 219301

>> Cathie fights back Does she have any other option? <G> The idea of bitcoin going green is laughable Cryptocurrencies — digital currencies coined not by governments but via algorithms — have long been sniffed at by the financial elite. But with a valuation of over $100 billion at one point on Wednesday, Coinbase, an exchange established for the trading of an asset class which didn’t exist just over a decade ago, was worth nearly twice as much as the London Stock Exchange group. ... ... ... One argument is that bitcoin is actually environmentally friendly, since it primarily uses renewable sources of electricity. Given more than half of the world’s bitcoin farms are in China, where the majority of electricity comes from coal, this is utterly implausible. Based on the electricity sources its miners are using, bitcoin is possibly the least environmentally friendly asset in the world. According to Bank of America, a single bitcoin purchase worth $50,000 has a carbon footprint of 270 tonnes. thetimes.co.uk

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