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Topic: If you could invest your cryptocurrencies in the environment would you? - page 3. (Read 773 times)

copper member
Activity: 242
Merit: 18
Proof-of-Stake Blockchain Network
Yes, I would help to keep the environment cleaner and less polluted.
But why are you so specific about ‘pollution caused by mining’? Mining does not cause pollution. It is the sources that are used to generate electricity used for mining that causes pollution. Those same sources that produce electricity for various systems.
Anyways, there is a need to support the movement of curbing climate crises. So, if I could invest my cryptocurrency in saving the environment from disasters, I would, in my own little way.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I guess if I could I would but its not profitable and that is why many people are in cryptocurrency world and not in environment world.

We are trying to use our money to make more money, how can I invest my money into environment and then get out more money out of it? Sure it is a noble thing to try to save the world and use your money for the good etc etc but we are not that type of people, maybe some hero would do what we are not capable of doing and donate some money but this place is not for charity in general, its for making profits.

Oh, if you are asking if we would like to make money AND help the environment at the same time then of course we would, why would we pick both destroying the world and make money when the option of saving the world and making money exists.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
~snip

I agree with you. Now mankind is on the verge of a number of global problems that can be provoked by the fact that mankind has made some adjustments to the environment through its impact on it,
making a number of natural ecosystems fragile and unstable. What has been destroyed for many years now must be restored by any means.

In pursuit of consumption, we brought ourselves to an environmental crisis that could unleash on the planet in full in the coming decades.
And this despite the fact that the poles are changing their position means much faster than predicted 50 years ago.
In other words, if we do not prepare the planet for our children, then they will have nothing to invest in their cryptocurrency.
Yes, this is one step into ensuring a bright future for our children. Mining cryptocurrencies consume a lot of energy and if we don't switch to renewable energy soon enough. We are ensuing doom not only to ourselves, but to everyone. I've seen some projects like this in the past few weeks like the smart bottle which pays people to clean earth of plastic waste everytime you drink. Hopefully more projects like this come around
full member
Activity: 1638
Merit: 122
There's no pollution produced by mining crypto! What are you talking about? Maybe you're talking about coal and oil mining? 
polution cant only be found on those mining activities that you mentioned ( coal , gold , oil , etc . mining ) but polution can be on any forms like sound/noise  , heat , etc .  arent you aware of big crypto mining companies   ?  you can see them on the web or on here the forum  . lots of crypto mining ( cpu / hardwares ) are being run all together  .  you dont think this does not release negative energies  or polutions   ?  i believe they are     .


hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
~snip

I agree with you. Now mankind is on the verge of a number of global problems that can be provoked by the fact that mankind has made some adjustments to the environment through its impact on it,
making a number of natural ecosystems fragile and unstable. What has been destroyed for many years now must be restored by any means.

In pursuit of consumption, we brought ourselves to an environmental crisis that could unleash on the planet in full in the coming decades.
And this despite the fact that the poles are changing their position means much faster than predicted 50 years ago.

In other words, if we do not prepare the planet for our children, then they will have nothing to invest in their cryptocurrency.
hero member
Activity: 1666
Merit: 753
Yeah I'd say its pretty sensitive to a lot.
Why should we invest in the environment, we don't own the world and need to get away from that?
The people destroying the environment (the energy companies) ought to be the ones to try to "fix" the environment.
Here goes the argument of environmental sustainability again. Skipping over all the arguments, I don't think it's bad to understand what sort of carbon footprint you are leaving on the world. The second we where given life, we where given certain responsibilities and protecting the Earth can be argued as one of them (we aren't on Mars yet, might as well not ruin Earth yet). Nothing anyone can do will make sure that energy companies will go renewable, some of them have started making small shifts towards it, but unless something drastic happens (I am thinking either political or environmentally), they aren't going to give up a free source of income.

There are certain services in plan that already allow you to use your crypto-currency for a better cause, however, I think even though things like planting trees is great for the environment, the most effective thing we can do reduce how much fossil fuels are burned by miners, and either go green - or go to another coin that doesn't require using so much power to mine (in the distant future although).
member
Activity: 700
Merit: 10
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?

There's no pollution produced by mining crypto! What are you talking about? Maybe you're talking about coal and oil mining? 
What pollution does a bitcoin miner produce? I'd say the same kingd as your PC and TV.

Sure I'd invest in a company that would improve the environment but it would have to show real results not catchy slogans like Greta. Wink
the environmental improvement program is indeed an environmental improvement program that is currently getting attention throughout the world, so it is not surprising that there will be many people interested in the theme of this program. so for the project's success I don't think it's something that is difficult

legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?

There's no pollution produced by mining crypto! What are you talking about? Maybe you're talking about coal and oil mining? 
What pollution does a bitcoin miner produce? I'd say the same kingd as your PC and TV.

Sure I'd invest in a company that would improve the environment but it would have to show real results not catchy slogans like Greta. Wink
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
Well probably not everything. But it would be nice to be investing in something that for me, would not only seem right for myself, but for a bigger purpose. I'm pretty sure an roi for this wouldn't be as much as it's worth, but if i have the means to invest my coins in an environmental project, i probably wouldn't have second thoughts.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
First of all one needs to be clear in defining the term investment. In my view investing is using or giving of time, talent, emotional energy, etc., as for a purpose or to achieve something. This way cryptocurrencies into environment is possible with the quote of an user above. He has mentioned unless something good is planted in a deserted region and revenue is taken away it can't be termed as an investment.

As of now this is happening around in small scale and it when something is really beneficial people will go for it. When it provides profit as well as keeps the environment clean surely I'll invest my cryptocurrencies.
sr. member
Activity: 1008
Merit: 355


This is actually a good idea though this is not really new. I already encountered some projects before dealing with environment and cryptocurrency but sadly they all failed to get the attention of the market, and they just died naturally. Maybe we need a new one, maybe even just focusing on planting fruit-bearing trees will do, we can have more trees to absorb pollution and produce more oxygen, and then we can also have income at the same time. There are many practical ways we can be helping the environment and at the same time make money with the use of cryptocurrency. I am hoping that a good, reputable organization can be carrying a viable project along this line so that we can all participate and be helping the environment in many small ways.
hero member
Activity: 2856
Merit: 783
Burpaaa
There's a search engine called Ecosia which utilizes the profits it generates from advertisement revenue to plant trees.

https://www.ecosia.org/

It might be possible for a cryptocurrency analogue to emulate that business model and help the environment.  

People tend to forget, emissions are not the central issue in climate change. Deforestation has depleted the planet's capacity to absorb and sequester carbon emissions. Afforestation. Fighting desertification. Simply planting trees are legit methods of addressing issues relating to drought, increased oceanic acidity & other concerns.

With ice along the poles melting. I would 100% support pumping the excesss water into the middle east in an effort to transform the desert regions into tropical forest. That would go a long way towards absorbing carbon emissions and greenhouse gases and perhaps stabilizing things.

An example of desert in the middle east being cultivated into a forest:

https://www.youtube.com/watch?v=EOSFKGay5Hg
I also read about ecosia before but haven't tried it, I was Using Gcash Forest it's aim is to earned enough energy points, and can choose a native tree to adopt on your own, or with other GForest users. This company will provide seedings and so tree planting in that area chosen once you reached points requirement in their app, simply by clicking their app. Hopefully there will be a something like in crypto that can help the environment.
legendary
Activity: 2828
Merit: 1514
Investment in green companies are the future regardless of whether you invest in the markets with crypto or fiat. If liberal administrations get elected in places like the US, they will begin to hand out free loans like candy similar to the Obama administration investing in companies like Solyndra (which went defunct) and Tesla (the only U.S. car company to not go bankrupt). His administration handed out billions worth of government dollars to these companies pushing for new developments in the energy sector and serves as benefits to investors. Exxon Mobile and major fossil fuel companies already started adopting green technologies because they know they're not going to last long with government regulation of fossil fuels are coming whether they lobby against it or not. This is after in 2015 the CEO of Exxon Mobile mocked the idea the idea of green energy. If these multibillion dollar industries are shifting focus, you should do so as an investor too.
hero member
Activity: 3038
Merit: 634
Do you have an example of this environment investment that you have in your mind? Many would love to help in different ways to maintain the beauty of our environment although the reality will hit us that day by day it's getting more damage from us. And specially that we're in the crypto community, it's way easier to transfer money to the desired recipient that we want.

But isn't that crypto investment for environment should be more of a help or donation rather than an investment? Beside from the example given by Hydrogen, can op or anyone cite an example how would this scheme would work for interested people? Because I've seen some scams before that used the environment as their main proponent for their project.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Is the subject sensitive or not...

If you could invest your cryptocurrencies in the environment would you?

Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?

Several comments, Many environmental investment sectors exist, but we would like to know your opinions about this

Thanks
Coinbees
I remember reading somewhere that crypto currency mining does harm the environment in various way through "emissions" of byproducts. The more mining equipment there are, the more it harms the environment. Even though, it does harm the environment, if the benefits of investing on the "environment" weighs more than the harm it does to the environment, then yeah, the answer is simply yes. By the way, what kind of investment are you talking about?
legendary
Activity: 2506
Merit: 3645
The environment is where we are, so no one will seek to destroy it because it indirectly destroys his life.
Many people who abuse the environment are people who know the devastating impact of many of the actions they do, so it is easy to change their behavior.
Many major companies and factories are the cause of the world's pollution. Unfortunately, these people are protected by law rather than by the law to protect the environment.

Perhaps things will change in the future and find some legislation, but I will attend my investments in the environment and I may fight to stop "electricity consumption, the pollution produced by mining" suspension, if it was the last thing pollutes the environment.
jr. member
Activity: 30
Merit: 1
I really like your different opinions on the matter.
And I generally agree with the points you have raised.
While this question is only aimed at cryptocurrency owners, the rest of the world is equally concerned.
Different programs are now in place to help the planet (New planting, reduction in greenhouse gases, pollution, etc.), all to say that everyone has their share of responsibility for the future of our planet.

If today the community could concentrate on the creation of a project of this type linked to the technology which seems appropriate to it and provided that the project works.

Maybe the world will see crypto differently.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
I guess you mean investing cryptocoins in environmental projects that help create healthy environment. Or do you intend to use the heat from mining on farms(agric)?
If you have something compelling & viable, I guess the crypto or mining community will have to verify first before supporting.. . Besides such environmental organizations have to be very reputable
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
invest your cryptocurrencies in the environment

This is a new one...
Unless you plan on planting walnut trees or some other kind of fruit in a deserted area and selling those for-profits I wouldn't call it an investment.
If you care that much about the environment you can always donate, which is a bit different from investing and whenever I hear that something is environment-friendly and it generates money I'm getting my scam label ready

But, ultimately, cryptos are money, so there is nothing out of the ordinary cryptos can do for the environment that other digital currency can't.

With ice along the poles melting. I would 100% support pumping the excesss water into the middle east in an effort to transform the desert regions into tropical forest.

With the poles melting the ice goes into the ocean, the excess water that raises in between the tropics would be salted, it needs desalinization so it doesn't kill plants, rather than trying that in the middle east it would be easier done in the grasslands that stretch from Asia to Europe and in the middle of the US.

But I doubt we're going to see such an effort from any country even in this entire decade, and maybe when they will it will be too late to matter.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
Well, cryptocurrency in environment project? Not a bad idea. I guess the best option as the project for me is to produce planting trees all over the world. This might help the earth recover. Honestly, I don't really care if people would use cryptocurrency or fiat. It is the project's vision that makes sense, it is the important thing though. The point here is to help the planet to survive, --the finance will always be there. But the resources we have on this planet are getting thinner.

Indeed, I am being aware and conscious of that if the global society could just focus their energy on these kinds of projects. I guess we can do it all
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