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Op-Ed | Cryptocurrencies like Bitcoin Consume Significantly Less Resources than Fiat Money

Earlier this week, I wrote on social media that it costs significantly less energy to produce cryptocurrencies like bitcoin and Ethereum. The responses were, “that’s not true, once fiat money is created, no additional energy is required.” Bitcoin and cryptocurrency have an energy problem? People at the FED don’t sit around painting Benjamin Franklin all

The post Op-Ed | Cryptocurrencies like Bitcoin Consume Significantly Less Resources than Fiat Money appeared first on CCN

 

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