The Bitcoin climate bubble

Climate Economy

The Bitcoin climate bubble

The original crypto coin faces a new and uncertain future. In the past decade, cryptocurrencies have jolted from a niche community of anarcho-monetarists to an institutionally recognized asset. From Goldman Sachs announcing investments in Bitcoin to central banks around the world racing to unleash their own digital currencies, the crypto revolution is — for better or worse — here to stay. While cryptocurrencies like Bitcoin are advertised as anti-inflation hedges or alternatives to mainstream monetary and payment systems, this past week has laid bare a more sobering reality. With Ethereum…

Thank you for reading Climate & Capital Media

Create your FREE account to continue reading this article

Climate & Capital Media is a global media organization that promotes the broad exchange of information about the business and finance of climate change. We’re committed to informing and motivating leaders to take bold action to build a sustainable and just economy.

Don't have an account? Register now!