I have to admit that I don’t understand bitcoin. But there’s another problem: it may destroy the planet! Bitcoin is slowing the libertyx bitcoin to achieve a rapid transition away from fossil fuels.
What’s more, this is just the beginning. Given its rapidly growing climate footprint, bitcoin is a malignant development, and it’s getting worse. Digital financial transactions come with a real-world price: The tremendous growth of cryptocurrencies has created an exponential demand for computing power. Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the U. And miners are constantly installing more and faster computers.