No one is afraid of the ecological cost of crypto currencies ?
We are in a world where the energy has a frightening ecologic cost and people to spend it in gigantic quantities just to create a virtual money...
We are in a world where the energy has a frightening ecologic cost and people to spend it in gigantic quantities just to create a virtual money...
I am. But this is a drop in the bucket compared to financial sectors that deal with "real" money. Really, isn't nearly all modern money "virtual"? Nevermind the fact that a lot of money only exists electronically, modern money doesn't actually physically represent anything. Therefore: virtual.
The idea behind it is that you need energy to gather money (metalic money for example). but this is pointless for bitcoin, it's just wasted without any utility.