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 ?
for one person, Bitcoin is a new technology, and although it looks very safe and solid, there are always those who expect failure. That's also the problem. You don't need to put all your eggs in one basket, 'and never buy Bitcoin with all your assets. Bitcoin is more stable, the value of Bitcoin can go up and down in a short time or place) compared to other currencies, and the current value of Bitcoin is more stable, Bitcoin will definitely use more volatile moments in the future.Remember that Bitcoin transactions are similar to cash where transactions cannot be returned - make you send Bitcoin to the wrong person, or your Bitcoin wallet is hacked and someone buys your Bitcoin, it is very difficult and cannot be retrieved. Bitcoin is also not protected by any entity, so if you lose your Bitcoin, the service provider or 'Bitcoin network' cannot compensate you. That's why you have to use trusted products and service providers to help you, just like you manage a bank to secure your money.
Finally, the value of Bitcoin is determined by the number of people or businesses that accept Bitcoin. If Bitcoin develops, this will be very good for Bitcoin, but if fewer people use Bitcoin, then this will have a negative impact on the price and use of Bitcoin itself.