Algorand is carbon neutral according to their literature. Anyway, it's not cryptos fault we've taken decades to figure out our energy supply is ruinous to the environment.
There are many other ways to invest one's money that isn't as harmful to the environment as crypto. You could invest in renewable energies, alternative foods to beef, as well as many others.
Cryptocurrency now uses nearly as much electricity as Argentina but analysts claim technology will soon be mostly powered by renewable energywww.independent.co.uk
This is a direct answer from Google on Bitcoin alone: Bitcoin's annual energy consumption is comparable to some entire countries, such as Argentina and Ukraine. Bitcoin produces 36.95 megatons of carbon dioxide (CO2) annually (comparable to New Zealand) and it is estimated that in 30 years Bitcoin could alone increase global temperatures 2 degrees Celsius.
Get ready for the impact.
Hundreds of Banks in US to Allow Customers to Buy, Sell, Hold Bitcoin Through Existing Bank Accounts – News Bitcoin NewsHundreds of banks in the U.S. will reportedly start offering access to bitcoin to their customers this year, thanks to a partnership between Fidelity National Information Services and the New York Digital Investment Group. Hundreds of banks have enrolled to participate in the program as they see...news.bitcoin.com
I feel it's a significant step to legitimization. I wouldn't be surprised at all if that causes a bump when your skeptics and non technical folks find out they can move some spare cash into it at the very bank they've trusted with money. It's the step that opens up easy access to 24 hr international banking from people's savings accounts. And if they can't go out and spend that money at concerts or bars, they might just decide to throw it at a crypto to use later.I assume this will cause demand to skyrocket?
Been thinking about getting in on LINK. If crypto is to stick around, it seems like a framework like they provide would be useful. Just how much is a piece of it worth, though? Unless I’m thinking about it wrong.LINK is up ~1300% since I bought. My hindsight says I should have bought more.
I took a flyer on it the day I saw it pop up on coinbase. I'd watched several others shoot up immediately after listing and thought I'd spend more on a weekend away so why not take a shot. It's not likely to net me a yacht with a spot to park a Lambo so I don't even have to walk along the dock, but I've got more enjoyment from it than that miserable weekend in Rome with the ex.Been thinking about getting in on LINK. If crypto is to stick around, it seems like a framework like they provide would be useful. Just how much is a piece of it worth, though? Unless I’m thinking about it wrong.