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Climate scientists have estimated that #Bitcoin 
emissions alone could push global warming above 2°C. And this is just one of *hundreds* of other cryptocurrency networks that run on this apocalyptically wasteful set of ideas. (14/) https://www.nature.com/articles/s41558-018-0321-8
emissions alone could push global warming above 2°C. And this is just one of *hundreds* of other cryptocurrency networks that run on this apocalyptically wasteful set of ideas. (14/) https://www.nature.com/articles/s41558-018-0321-8
Climate change is not some abstract threat happening elsewhere, it is very real, and is happening everywhere we chose to invest in unsustainable and wasteful technology.
The absurd waste of bitcoin is a simultaneously both an environmental and a moral disaster. (15/)
The absurd waste of bitcoin is a simultaneously both an environmental and a moral disaster. (15/)
Stephen, this is really bad, how can I help change this?
* Don't buy bitcoins.
* Tell friends not to buy bitcoins.
* Consider ethics of holding dirty companies ($MSTR, $SI, $SQ, $PYPL, Coinbase) in your portfolio.
* ... and products (funds, ETFs, etc) with crypto exposure.
/fin
* Don't buy bitcoins.
* Tell friends not to buy bitcoins.
* Consider ethics of holding dirty companies ($MSTR, $SI, $SQ, $PYPL, Coinbase) in your portfolio.
* ... and products (funds, ETFs, etc) with crypto exposure.
/fin
As a final aside, this is very politically solvable. In the next administration Biden could stop the Bitcoin Waste Problem with the stroke of a pen.
Banning US persons from trading these digital investment contracts is well within the powers of executive branch.
/done
Banning US persons from trading these digital investment contracts is well within the powers of executive branch.
/done
