Just as people moved from gasoline powered cars to electric will investors also move from bitcoin to ecofriendly alts?
I don’t really think so. But yes a lot of people don’t like that bitcoin consumes a lot of energy, and for sure there are going to be people who are going to leave Bitcoin to go for all those greener altcoins, but that is not the end for Bitcoin. If you have been reading the news or doing research about bitcoin mining, you’re going to know that a lot of mining companies now are starting to move to mining Bitcoin with renewable energy source. I know of a company that 95% of their mining is with renewable energy, and then 5% is from nuclear.