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Newest Thing That Contributes To ‘Climate Change’: Bitcoin

Wednesday, December 6, 2017 6:02
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Headline: Bitcoin & Blockchain Searches Exceed Trump! Blockchain Stocks Are Next!

If it isn’t one thing, it’s something else. The Cult of Climastrology will always find new things to link to their cult-like beliefs. Some things will be affected, some things are contributors

(Daily Caller) Bitcoin has caught the attention of liberal writers who argue the digital crypto-currency is contributing to global warming.

Vox and The New Republic (TNR) have pieces out highlighting the massive amounts of energy it takes to mine Bitcoins, most of which comes from fossil fuels. Most Bitcoins are mined in China, fueled by cheap coal power.

TNR’s Emily Atkin wrote that “Bitcoins are contributing to the warming of the atmosphere without providing a significant public benefit in return,” adding “[w]e only have 32 years left for carbon emissions to peak and then rapidly decrease, if our planet is to remain livable.” (snip)

Atkins sees Bitcoin as an environmental scourge that needs to be gotten rid of since “buying a Bitcoin is no different than investing in an unpredictable stock on NASDAQ, but the cost to planet is immeasurably worse.”

Then we have the Voxsplaining version

Vox Umair Irfan noted that “mining Bitcoin is a hugely energy-intensive process, even though the currency only exists digitally.” Bitcoin mining uses more energy than some countries, Irfan reported.

“That’s on par with the energy use of the entire country of Morocco, more than 19 European countries, and roughly 0.7 percent of total energy demand in the United States, equal to 2.8 million US households,” Irfan wrote.

They’re also very upset that Bitcoin isn’t for the public good. Regardless, it’s always something with this crowd. They always find a way to ruin everything. Well, except their own use of fossil fueled vehicles. Furthermore, one has to wonder what the electricity usage of Vox and The New Republic are.



Source: https://www.thepiratescove.us/2017/12/06/newest-thing-that-contributes-to-climate-change-bitcoin/

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