The New York Times has blasted BTC mining in their latest piece titled The Real World Cost Digital Race for Bitcoin. The funniest thing is that the New York time is that has bashed every major improvement of technology that has advanced human civilization throughout history. The report spread a ton of misinformation as you can expect as the mainstream media always does paint Bitcoin in a worse light, claiming Bitcoin uses much more energy than all the residents in New York City. It also exaggerates the amount of false fuel in Bitcoin mining. The Bitcoin community comes back and all over Twitter fact-checking this article for example. This article chose to force on the right with the listed amount of things because that is where they want to push us. They want to push us to the deadly embrace of CBDC, that is what the mainstream media do.
I think XRP will do very well one day and if you look at what they are trading to do, that is trying to be the remittance market by how value gets transferred and it does it in a very efficient way. One thing I love about crypto is that it does something different. XRP and Stellar have focused on the money market and their remittance market and this a huge market to be going after because it is a 143 trillion dollar market every year. XRP is trying to replace the Swiss by running a dollar system and being in the remittances market. We are seeing every going with BRICS moving away from the dollar base system, XRP could play a significant role in that aspect.