Post
Topic
Board Economics
Re: [Bitcoin or Gold] choose correctly
by
LeGaulois
on 18/07/2024, 17:36:33 UTC


I'm ok with what you say but not about the bad side of Gold and its exploitation. We have the tendency to forget there are many things that can be done to limit the environmental impact. It was a point that concerned the Minamata Convention (a decade ago). But as you know, as long there is a lot of money to make, they don't really care about environment.
As you can mine bitcoins with green energy, you can mine gold more correctly, a kind of "green gold". There are labels such as Fairmined and Fairtrade.


Quote
some persistently try to impose their agenda about how BTC mining pollutes the environment and consumes too much electricity

Funny because yesterday Vladimir Putin has warned of the “uncontrolled growth” in electricity consumption required for cryptocurrency mining in Russia.