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RE: STEEM has the Technology to Stop Bitcoin from Killing the Planet
Now I see what u mean. Ill read more into this. Thank you for making such an informative and well written post on this.
You're right, bitcoin takes a lot of energy - fossil fuels.
The growing ecological consciousness of people has been remarkable recently. I notice many companies:
- banning ivory trade
- banning fur in fashion
- doing coastal clean up reducing thousands of pounds of trash from the ocean
(But millions of tons of trash are still being thrown in the ocean every minute) - coral replanting activities
- solar energy substitutes
- segregation implementation
- petitions against poaching, trophy hunting and animal torture
And many more. We need to take a major step in normalizing eco friendly procedures. It's something people won't fully grasp unless they come across it repeatedly.
Even if these problems are lessening, if fossil fuel use rises it still weighs a lot and does equal damage which makes all other efforts seem useless. ✔️
This is one good point as well
There is nothing wrong with the nature of bitcoin as a currency although there is a concern with the use of
Energy - Electricity - Fossil fuels
Fossil fuels feeds climate change, that's what we are avoiding here.
Thank you for bringing this up and informing about proof of stake.
Thank you so much!