Sydney Morning Herald - Bitcoin’s dirty little secret: It’s not easy being green

Press/Media: Expert Comment

Description

Depending on who you ask bitcoin, the digital currency at the heart of the crypto craze is either a currency or a commodity, a speculative bubble or a safe tool for storing and building wealth.

One thing everyone agrees on is that it has become a staggering consumer of energy and producer of climate wrecking carbon dioxide. Debate between its champions and detractors grows with its price and value, intensified by accelerating global efforts to tackle climate change.

 

Subject

Bitcoin

Period8 May 2021

Media contributions

1

Media contributions

  • TitleBitcoin’s dirty little secret: It’s not easy being green
    Degree of recognitionNational
    Media name/outletSydney Morning Herald
    Media typeWeb
    CountryAustralia
    Date8/05/21
    DescriptionDepending on who you ask bitcoin, the digital currency at the heart of the crypto craze is either a currency or a commodity, a speculative bubble or a safe tool for storing and building wealth.

    One thing everyone agrees on is that it has become a staggering consumer of energy and producer of climate wrecking carbon dioxide. Debate between its champions and detractors grows with its price and value, intensified by accelerating global efforts to tackle climate change.
    Producer/AuthorNick O'Malley & Chris Zappone
    URLhttps://www.smh.com.au/environment/climate-change/bitcoin-s-dirty-little-secret-it-s-not-easy-being-green-20210506-p57pki.html
    PersonsSean Foley