Can cryptocurrencies help the planet?

Can cryptocurrencies help the planet?

This article is the first in a two-part series on cryptocurrency and climate change. Read the first part, “Can cryptocurrency be climate conscious?”, here .

Bitcoin has surged in value since the beginning of the COVID-19 pandemic, fueled by first-time investors and billionaires alike. With investments rocketing five-fold since October, a lot of people are making a lot of money in Bitcoin.

But, given that climate change is forecast to reduce average global incomes roughly 23 percent by 2100 , making a fast buck by gambling on Bitcoin is exactly the kind of short-term thinking that caused environmental catastrophes in […]

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