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Non-Tech : Kirk's Market Thoughts
COHR 177.38+3.8%Dec 4 3:59 PM EST

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To: Winfastorlose who wrote (11206)5/2/2021 11:48:57 AM
From: Kirk ©2 Recommendations

Recommended By
isopatch
Winfastorlose

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How does anyone concerned about global warming that drives a Tesla and forces states like California to ban fracking and natural gas for cooking in new homes support using Bitcoin?

How does Elon justify buying Bitcoins unless his electric car company was more about draining funds from taxpayers to become wealthy rather than actually helping the environment?

Is this true?
A single bitcoin transaction uses roughly 707.6 kilowatt-hours of electrical energy–equivalent to the power consumed by an average U.S. household over 24 days, according to Digiconomist. On a yearly basis, bitcoin consumes more energy than all but 38 countries, falling in line with countries like Finland, Chile and Austria.
"In his editorial New Rule, Bill explores the global cryptocurrency craze and the threat it poses to our economy and the environment."
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