“Green Cryptocurrencies” - they way forward?

[omone1]

Cryptocurrency have crossed it major hurdles which is many fights from the main stream and it has succeeded them all. We see big banks talking crypto and stable coins. The Crypto market is up for a greater prospect, if you are here at this point in time and believe in the vision of Satoshi, then you are lucky and wise about the world future economic pendulum.

[jdarren]

I think people are starting to think in that way depending on the consensus they chooses. I hope it continues or find a way to generate heat with all the miners 

[Sealis]

Yep. To be fair the resources used for paper money can be used for other things. Its why the community sincerely pushes for the use of digital currency. Its much more secure rather than banks, all it needs is just you become a responsible user of it.

[sunsilk]

Yep. To be fair the resources used for paper money can be used for other things. Its why the community sincerely pushes for the use of digital currency. Its much more secure rather than banks, all it needs is just you become a responsible user of it.

Yes, you may cut tress to create and manufacture the special paper that will be used for the extraction and result of our fiat money. Digital money, cryptocurrencies can use alternative energy depending the source of it.

Mining bitcoin contributes to the heat that the world has right now as they say but they never looked to that situation, where forests became empty because of illegal logging. Thus, there's too many way to produce renewable energy that can be used for mining.

[jakezyrus]

of course you can because paper money in modern times is no longer efficient besides damaging the environment of paper money is also very easily damaged differently with cryptocurrency that will not be damaged because of anything

by using crypto you are using a gadget and other infrastracture such as internet  . they did contribute to the environment  . crypto  mining can be the biggest threat to the environment because it requires too much electricity and the mining hardware also releases heat and noise pollution  as well as black smoke that can be life threatening to some if inhaled  . we really need a green cryptocurrencies that are eco friendly  .

[magneto]

I really don't think so.

Bitcoin's environmental impact in my opinion has been greatly exaggerated to the point that it's being made out to be worse than pollutants from actual mining or whatnot. And people are failing to realise the fact that bitcoin's energy use isn't just going to waste, it is being used to validate transactions much like the traditional banking system.

Also, if you add the fact that bitcoin is likely using up electricity that would have gone to waste if not used given that most countries don't have infrastructure to store excess electricity. So as long as the electricity itself is generated in a sustainable manner, there is really nothing to see here.

[Twinkledoe]

I really don't think so.

Bitcoin's environmental impact in my opinion has been greatly exaggerated to the point that it's being made out to be worse than pollutants from actual mining or whatnot. And people are failing to realise the fact that bitcoin's energy use isn't just going to waste, it is being used to validate transactions much like the traditional banking system.

Also, if you add the fact that bitcoin is likely using up electricity that would have gone to waste if not used given that most countries don't have infrastructure to store excess electricity. So as long as the electricity itself is generated in a sustainable manner, there is really nothing to see here.

If we can only optimize the use of renewable energies, we will move forward in fast manner. Still there are restrictions to achieve this goal. Many people want to use solar or wind energy but they couldn't afford the initial investments. Good for countries that are subsidizing their customers to implement this system.

Crypto projects that want to explore renewable sources find it hard to achieve success. Many have tried but where are they now?