Bitcoin continues to be accused of not being environmentally friendly
This time, billionaire Tom Steyer warned of the threat from cryptocurrency
08.11.2021 - 08:45
662
1 min
0
What's new? Following Elon Musk, who came down hard on bitcoin because of its impact on the environment, another billionaire has made similar statements. It refers to Tom Steyer, who gave an interview to Yahoo Finance and made a number of statements about the first cryptocurrency.
The full version of the interview
What did Tom Steyer accuse bitcoin of? According to the billionaire, bitcoin is a “huge user of electricity” and a threat to the environment because of its dependence on burning fossil fuels. In addition, Steyer believes it is a negative situation when businesses use inexpensive and “dirty” energy to boost profits.
One of the options to reduce the environmental load, the billionaire said, is for miners to switch to renewable energy sources. In that case, the environmental load from cryptocurrencies would no longer be critical.
Useful material?
Telegram 
Twitter Market
Tether Finance division will be responsible for the issuance and redemption of USDT stablecoins
Apr 18, 2024
Trends
The first project introduced on the platform will be BounceBit (BB)
Apr 18, 2024
Business
The rate exchange of the native ACH token reacted with a 10% increase
Apr 18, 2024
Market
Miners are hunting for the first block after halving as the value of the first satoshi could exceed $1 million
Apr 18, 2024
Market
The platform will be non-custodial and accessible to everyone
Apr 15, 2024
Market
China Asset Management, Harvest Global Investments, and Bosera Asset Management have received permits
Apr 15, 2024
Cryptocurrency rates
-
Bitcoin
$64 539
BTC
+0.52%
-
Ethereum
$3 151.34
ETH
-0.19%
-
BNB Smart Chain
$611.95
BSC
+0.72%
-
Ripple
$0.534864
XRP
+1.36%
-
Dogecoin
$0.151637
DOGE
+0.29%
-
Cardano
$0.478384
ADA
+0.51%
-
Bitcoin Cash
$479.46
BCH
-0.4%
-
Polkadot
$6.92
DOT
-0.47%
-
Litecoin
$85.63
LTC
+2.42%
-
Stellar XLM
$0.114629
XLM
+0.41%