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Author Topic: If you could invest your cryptocurrencies in the environment would you?  (Read 726 times)
Coinbees (OP)
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January 29, 2020, 10:25:46 AM
 #1

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
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January 29, 2020, 11:11:17 AM
 #2

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.

There's a weird acceptance nowadays that humans are weak and we have to keep everything stable, actually controlling climate levels is potentially medalling more than we should. If we caused the rise in greenhouse gas emissions, then it'll take a while to get restabalise the levels and a huge reduction could destabilise something else in turn.

There's also oftentimes a huge disconnect between people saying they want to fix the planet and those that actually do. Extinction rebellion decided to do a protest and spray water from a fire truck (or something). The ones complaining about the environment are the ones that won't get of their arse and walk to the next city when they can drive there in 15 minutes...

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January 29, 2020, 11:34:16 AM
 #3

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
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January 29, 2020, 11:53:35 AM
 #4

If cryptocurrencies are invested within the environment it'll be better for the environment Now the balance of the environment is nearly destroyed by natural disasters like floods droughts, and extinction. Destroying forests, greenhouse emission emissions are turning the planet into a desert so investing in crypto can keep the environment balanced.

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January 29, 2020, 03:06:57 PM
 #5

Yes because at some point we will have to face the fact that the environment is changing and some kind of action has to be taken for the sake of our health and our children.

 
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January 29, 2020, 03:13:36 PM
 #6

Yes because at some point we will have to face the fact that the environment is changing and some kind of action has to be taken for the sake of our health and our children.
Without a healthy environment we wouldn't be able to make the most out of the cryptocurrencies we have right now. Imagine a Fallout-like scenario where they use bottle caps as modes of payment. That could be our inevitable fate come the day that our planet give up on us. Everything we have invested for will be for naught and the worst is it's our children and grandchildren who will suffer from an unbearable environment. So I don't mind throwing in a few of my cryptos to fund movements that promote the environment's welfare.
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January 29, 2020, 03:20:57 PM
 #7

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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January 29, 2020, 03:32:33 PM
 #8

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.

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January 29, 2020, 04:27:24 PM
 #9

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
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January 29, 2020, 08:27:28 PM
 #10

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.
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January 29, 2020, 08:55:53 PM
 #11

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.

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January 29, 2020, 09:50:37 PM
 #12

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?

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January 29, 2020, 11:06:17 PM
 #13

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.

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January 30, 2020, 12:48:34 AM
 #14

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.
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January 30, 2020, 12:57:48 AM
 #15

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.

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January 30, 2020, 03:25:40 AM
 #16



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.
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January 30, 2020, 04:05:57 AM
 #17

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.

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January 30, 2020, 07:15:28 AM
 #18

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.

 
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January 30, 2020, 09:20:12 AM
 #19

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

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January 30, 2020, 10:22:37 AM
 #20

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


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