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Bitcoin as Battery – The Slow Hunch by Nick Grossman
Bitcoin, Ethereum, and Web3 Are Already Reshaping the World
Parag Khanna, Balaji S. Srinivasanforeignpolicy.comI believe strongly that it would be a huge mistake to shut down a fundamental innovation that has the potential to decentralize power because we are temporarily concerned about its electricity consumption. Instead, we need to eliminate fossil fuel subsidies, pass a carbon tax, and decarbonize our grid aggressively (as an aside, I believe that will... See more
Albert Wenger • Climate and Crypto
Katie: Sometimes the middleman can be important. Let's address the environmental disaster: there re blockchains that are carbon negative. Many have adapted proof of stake. The problem of electricity usage is in proof of work consensus mechanisms. Right now 76% of Bitcoin miners are incorporating renewables into their mix. I have confidence in the... See more