Quote from: figmentofmyass on April 28, 2019, 08:42:59 AM

Quote from: fiulpro on April 28, 2019, 08:14:24 AM

We all know how beneficial it is for us to have a currency like Bitcoin , something that we can use without any interference and without any middle man, but there is always a problem with things that we usually unsee because of the huge benefits it earns to us and this time it's environmental pollution.
Bitcoin as we know it requires mining to continue it's supply , but the thing is mining consumes Tons of energy and thus makes it harder for us to cope up with the stress it is putting up on the environment.
Pollution, global warming Bitcoin is causing all this , one might argue that it won't be necessary after a while but what about right now ? It's hurting the environment and we have no stable solution for this.
Shouldn't we focus on this too ? Rather than other things ?

the fundamental problem here is that humans are still using money. you think the banking system consumes no energy and has no carbon footprint? how about gold mining?! Wink

bitcoin didn't solve the problem of how to secure money without energy consumption. that hasn't been solved yet and may never be.

That makes sense, the blame shouldn't be only on crypto like Bitcoin that needs mining because there are a lot of other things that cause global warming and pollute our environment more than Bitcoin does. The more the technology becomes high the more the energy we consume because most of the innovations that we do are based electronics and electronics needs electricity, I guess creating more renewable energy sources might help to lessen the global warming effect.