Environmentalists have recently become concerned about the impact Bitcoin mining has on global warming. Headlines such as “Bitcoin Will Burn the Planet Down. The Question: How Fast?” and “Bitcoin Mining Alone Could Raise Global Temperatures Above Critical Limit By 2033” suggest that Bitcoin is an unfolding environmental disaster. However, those panicking about crypto make three fundamental errors. First, they do not understand how Bitcoin works, second, they do not understand what mass adoption would look like, and third, they do not understand the problem Bitcoin is intended to solve.
Jeffrey Tucker discusses the latest market moves in crypto.
Tether is a highly capitalized cryptoasset that is distinguished in the space by maintaining a dollar peg to the price of its asset. The growth of this asset has been incredible, as has been the speculation that it maintains too close a relationship with the exchange Bitfinex. It has even
What’s the future of Bitcoin? How big will it get? What innovations can we expect in the future? Economist Tuur Demeester lays out the three phases of Bitcoin development.