The transformation of the crypto world.

in crypto •  4 years ago 

Interesting things are happening in the markets these days, on social media, in mining, and thanks to the press. The roller coaster of the exchange rates is due to 1-2 smarts, the alleged pollution of the mining, the slow due transformation of the ethereum, a new kind of mining (chia coin). A lot could be kidnapped. The most annoying topic for me is the pollution of the environment, which he put with a shovel on the head of the tesla, who is no more a manipulator clown than a flame spirit anyway. At the time this is mentioned they only forget that you should compare your son to currency in the same field. In digital currency, the system is operated during mining, transactions are authenticated, and new coins are created. One process solves everything. Let's look at your son's currency. The money must be produced. To do that, the machines must be manufactured. They consume a lot of electricity. Paper money is born from the life of a lot of wood @ using a lot of polluting paint. Except where it is already made of plastic (Romania), so it is not environmentally friendly either. Because of the metal content of the coin, I don’t mention the metallurgy that comes with it. And we’ve only come to the point where the money is ready to use. That requires banks. Why is there no record of how much energy is consumed by all the branches of all the banks in the world during its opening hours? How much is in the world? If we calculate everything, the fiat currency is much more polluting than all digital currencies combined.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!