Topic: Can actually Bitcoin be good for the environment? - page 16. (Read 3226 times)
A lot of electricity is currently being used on maintaining fiats (printing, creating new designs, destroying old banknotes etc.) and banking system (money transfers, visa and mastercard servers). Bitcoin network needs to be secured by miners who use enormous amount of electricity in order to achieve the highest possible hashrate. However, it doesn't use as much as other systems.
I definatily do not think so - unless they decide to go green using PoS that 'd be a releave for environment
yes it could be, bitcoin can affect the environment and can be accepted in the environment.
for example with bitcoin can gather people to engage in socializing and donating so that the view of the community is good on the existence of bitcoin.
for example with bitcoin can gather people to engage in socializing and donating so that the view of the community is good on the existence of bitcoin.
Of course! Why not? Bitcoin is not something that can damage the environment. Just bitcoin can cause good effects for environment if we do not blame the use of bitcoin can help the economic system. If in an environment have a good economic system of course will be realized welfare
I think there is no reason that bitcoin becomes bad to the environment. As a matter of fact it helps a lot of people in the invirinment to grow their knowledge and to improve their social life. It also helps to the unemployed people which can be a good job for them.
You are writing this question, but till now not so much people know about Bitcoin, and they don't have the opportunity to work with it. But technologies make profit to people to hear about Bitcoin and invest in it.
So if we go to more earth friendly ways of making electric power, we will have problem solved. Bitcoin farms do not need too much space, also that space around it could be used for producing electric power for that mining
A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".
To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.
Thinking of all that, would you still say Bitcoin is bad for the environment?
To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.
Thinking of all that, would you still say Bitcoin is bad for the environment?
In my own opinion, bitcoin ca be good for the environment. If the rich people from bitcoin help other people in environment or help to make the environment better it will be good. Many rich people from bitcoin help the environment to get better.
Of course, and not just the environment as well as education. It also works well for people who are not employed because of this bitcoin no age choice or religion.
So many people are now here with bitcoin and I am also one of those. So it's good for bitcoin for our environment because everyone can help to improve and improve the environment
So many people are now here with bitcoin and I am also one of those. So it's good for bitcoin for our environment because everyone can help to improve and improve the environment
Yes. It was created because Bitcoin wants to improve or change the system. Technologies are designed because it will help our lives more comfortable and convenient. But some people took advantage of technology and used it in wrong ways. Bitcoin would really help and change for the better. It is all up to us how we are going to use it for good.
if in my opinion bitcoin is good for gan environment. because until now I personally have no permanent job and income except from investing in bitcoin. even some of my friends they have become millionaires .
This is quite separate because Bitcoin does not have many practical applications. It just stops at the level of payment instruments only
BTC has some environmental pollution, which has a small impact on the environment, although compared to industrial pollution of similar value, bitcoin appears to be less harmful to the environment.
So if we go to more earth friendly ways of making electric power, we will have problem solved. Bitcoin farms do not need too much space, also that space around it could be used for producing electric power for that mining farm. Place some solar panels or some wind turbines and there you go. Everyone happy
it is not just an innovation, if we are able to do and manage properly like livestock, the benefits that we may be more able to know in every time. That is very fun.
I think there is no reason that bitcoin becomes bad to the environment. As a matter of fact it helps a lot of people in the invirinment to grow their knowledge and to improve their social life. It also helps to the unemployed people which can be a good job for them.
we think bitcoin currency is not too bad for our environment because it is not much affected by many people around it, because it is one of the digital money, so many people do not understand what bitcoin is, but if bitcoin is authorized by the government then there are many good things. of this bitcoin, many people's bitcoins will become successful and can be a good job on the unemployed.
go to Socratus because it's a new crypto project that has a future
A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".
To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.
Thinking of all that, would you still say Bitcoin is bad for the environment?
Technologies are not good for environment for my own opinion. But as for Bitcoin it can be good in some part. Every country spends money, resources, and peoples for creating cash. Bitcoin doesn't contain this part of that process. To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.
Thinking of all that, would you still say Bitcoin is bad for the environment?
I would say bitcoin is not totalliy giving bad effect to the environment since it is using the Internet to be able to participate in bounty campaigns , investments and payment system. Except for mining where it use high electricity consumption but if it is using renewable source of energy then it has not contribute further damage to the environment.
Bitcoin is good for the environment. The things that affects the environment is not the bitcoin itself but the tecnology that we used to generate bitcoin. Like mining and other power source that produced radiation.
Bitcoin is good for environment we are smoke free no printing in used of paper and our money is digital and we can access bitcoin without using electricity solar power may take in place no waste to be disposed a little we have radiation but we cannot surpass other network of thier radiation I can say that here in bitcoin we are safe.
Fiat money require paper and Visa and MasterCard plastic. Thus, the manufacturer is forced to destroy nature. And in the case of Bitcoin, only electricity is spent on mining and blockchain, which can be obtained for example from windmills.
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