The Myths and Realities of ‘Green Bitcoin’ | Crypto Craft

  • The Myths and Realities of ‘Green Bitcoin’

    From coindesk.com

    Institutions want bitcoin, but they want it their way. In a recent CoinDesk TV appearance, famed investor and television host Kevin O’Leary said that only 10% of financial institutions that may want to invest in BTC have done so, largely due to environmental, sustainability and governance (ESG) concerns. “It needs to be compliant,” O’Leary later said about bitcoin at a Cboe conference. Meaning, the bitcoin community needs to address the staggering externalities involved in minting a new monetary form: its environmental footprint and its role in helping criminals and despots avoid sanction. The “Shark ... (full story)

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BTCmailman
Apr 1, 2021 4:37pm
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O'Leary is going to come out with a 'green' BTC mining company soon, that much is obvious. I wonder how many of his shark tank businesses are environmentally friendly?
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