However, I have already started dumping bitcoin because of climate fears.
So you don't own anything that requires energy?
Cause facebook needs data centers, Amazon uses trucks for deliveries, and fully charging 1 million Tesla cars a day covers the energy consumption of the network at current stake. Yes bitcoin mining is energy-intensive but at the same time it is capped, I am one of the critics of energy waste but at the current stage, it's nothing to get worried about.
Besides, for it to reach that level the reward for the miners would have to be close to 100 times, one
BTC reaching 6 million before the halving is highly unlikely.
This is the article I read about it:
"If Bitcoin were to be adopted as a global reserve currency," he speculates, "the Bitcoin price will probably be in the millions, and those miners will have more money than the entire [US] Federal budget to spend on electricity."
Nowadays anyone can say anything
Remember Al Gore? According to him, the only ice left in the world by now should be in our refrigerators..