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 ?
As per the latest stats, Bitcoin mining consumes as much as 1% of all the electricity available in this planet. I don't think that this is a very significant amount. A lot of electricity is consumed and toxins released during the mining of gold and silver, two metals that are used for making bullion coins. No one seems to be having an issue. You can't say that one thing is good and another is bad, if they are very similar.