If you could invest your cryptocurrencies in the environment would you?

[magneto]

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.

Here goes the argument of environmental sustainability again. Skipping over all the arguments, I don't think it's bad to understand what sort of carbon footprint you are leaving on the world. The second we where given life, we where given certain responsibilities and protecting the Earth can be argued as one of them (we aren't on Mars yet, might as well not ruin Earth yet). Nothing anyone can do will make sure that energy companies will go renewable, some of them have started making small shifts towards it, but unless something drastic happens (I am thinking either political or environmentally), they aren't going to give up a free source of income.

There are certain services in plan that already allow you to use your crypto-currency for a better cause, however, I think even though things like planting trees is great for the environment, the most effective thing we can do reduce how much fossil fuels are burned by miners, and either go green - or go to another coin that doesn't require using so much power to mine (in the distant future although).

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[bitcoinst]

~snip

I agree with you. Now mankind is on the verge of a number of global problems that can be provoked by the fact that mankind has made some adjustments to the environment through its impact on it,
making a number of natural ecosystems fragile and unstable. What has been destroyed for many years now must be restored by any means.

In pursuit of consumption, we brought ourselves to an environmental crisis that could unleash on the planet in full in the coming decades.
And this despite the fact that the poles are changing their position means much faster than predicted 50 years ago.

In other words, if we do not prepare the planet for our children, then they will have nothing to invest in their cryptocurrency.

[imstillthebest]

There's no pollution produced by mining crypto! What are you talking about? Maybe you're talking about coal and oil mining? 

polution cant only be found on those mining activities that you mentioned ( coal , gold , oil , etc . mining ) but polution can be on any forms like sound/noise  , heat , etc .  arent you aware of big crypto mining companies   ?  you can see them on the web or on here the forum  . lots of crypto mining ( cpu / hardwares ) are being run all together  .  you dont think this does not release negative energies  or polutions   ?  i believe they are     .

[CarnagexD]

~snip

I agree with you. Now mankind is on the verge of a number of global problems that can be provoked by the fact that mankind has made some adjustments to the environment through its impact on it,
making a number of natural ecosystems fragile and unstable. What has been destroyed for many years now must be restored by any means.

In pursuit of consumption, we brought ourselves to an environmental crisis that could unleash on the planet in full in the coming decades.
And this despite the fact that the poles are changing their position means much faster than predicted 50 years ago.
In other words, if we do not prepare the planet for our children, then they will have nothing to invest in their cryptocurrency.

Yes, this is one step into ensuring a bright future for our children. Mining cryptocurrencies consume a lot of energy and if we don't switch to renewable energy soon enough. We are ensuing doom not only to ourselves, but to everyone. I've seen some projects like this in the past few weeks like the smart bottle which pays people to clean earth of plastic waste everytime you drink. Hopefully more projects like this come around

[el kaka22]

I guess if I could I would but its not profitable and that is why many people are in cryptocurrency world and not in environment world.

We are trying to use our money to make more money, how can I invest my money into environment and then get out more money out of it? Sure it is a noble thing to try to save the world and use your money for the good etc etc but we are not that type of people, maybe some hero would do what we are not capable of doing and donate some money but this place is not for charity in general, its for making profits.

Oh, if you are asking if we would like to make money AND help the environment at the same time then of course we would, why would we pick both destroying the world and make money when the option of saving the world and making money exists.

[abeecrypto]

Yes, I would help to keep the environment cleaner and less polluted.
But why are you so specific about ‘pollution caused by mining’? Mining does not cause pollution. It is the sources that are used to generate electricity used for mining that causes pollution. Those same sources that produce electricity for various systems.
Anyways, there is a need to support the movement of curbing climate crises. So, if I could invest my cryptocurrency in saving the environment from disasters, I would, in my own little way.

[Coinbees]

Yes, I would help to keep the environment cleaner and less polluted.
But why are you so specific about ‘pollution caused by mining’? Mining does not cause pollution. It is the sources that are used to generate electricity used for mining that causes pollution. Those same sources that produce electricity for various systems.
Anyways, there is a need to support the movement of curbing climate crises. So, if I could invest my cryptocurrency in saving the environment from disasters, I would, in my own little way.

Of course, when i say "pollution caused by mining" i talking about electricity used for mining.
I don't have an exact figure for this year (although it's late January)
According to a tool posted online (I can't confirm what), Bitcoin mining would consume the equivalent of the electrical production of nearly 8 nuclear power plants.
Bitcoin mining: 22 megatons of CO2 per year (Estimation July, 2019)

The creation of Bitcoin has an energy impact as important as Switzerland. In question, the manufacture of money, very greedy in electricity and indirectly generating pollution.

But I agree with you, if we could improve this or slow down the pollution effects that it causes I will be ready.

Source : "presse-citron.net"

[fiulpro]

That aside you know there are cryptocurrencies emerging which are making the cryptos environment friendly.

Also yes I agree mining is not sustainable but maybe we can work towards it and implement the green energy technology with it , the energy needed for the mining can be generated with the help of green energy sources , they do take a huge investment in setting up but it would cost zero afterwards .

Some places have plenty of sunlight , some have plenty of wind and I do believe that if we take into account what our place ,where we are residing right now have the pros in terms of the renewable sources and educate people about it and use it whenever we can collaborating with the bitcoins could actually save the emissions from one side.

You know how they say * every drop counts *

[tbterryboy]

-snip-

Of course, when i say "pollution caused by mining" i talking about electricity used for mining.
I don't have an exact figure for this year (although it's late January)
According to a tool posted online (I can't confirm what), Bitcoin mining would consume the equivalent of the electrical production of nearly 8 nuclear power plants.
Bitcoin mining: 22 megatons of CO2 per year (Estimation July, 2019)

The creation of Bitcoin has an energy impact as important as Switzerland. In question, the manufacture of money, very greedy in electricity and indirectly generating pollution.

But I agree with you, if we could improve this or slow down the pollution effects that it causes I will be ready.

Source : "presse-citron.net"

That's actually a whole lot of pollution cause by just bitcoin miners. There also are a lot of other gadgets which might consume electricity more than a normal bitcoin miner and could we even imagine how much pollution it might be causing. But, yes there are alternatives for each cause in the current generation. Even renewable sources of energy might help us save this pollution as they do not leave any residues behind them once consumed.

There should be some cryptocurrency projects which should mainly concentrate onto the pollution caused and they should actively find ways to reduce the pollution and make earth a better place again. If several such project exists than I am sure none of the government might not want to legalize cryptocurrencies.

[darewaller]

If there would be any higher benefits by investing in the environment around us than for sure much of the people would invest in the same. But in case if we have no profits by investing in the environment around us than there would be minimum people who would invest some shares of their profits into such cause just to support to environment from getting from bad to worst.

There are a lot of NGO's which actively invest into some of these causes like you mentioned maybe about the pollution caused or tree plantations or anything like this which helps in the betterment of the environment but in case of cryptocurrencies, people need profits which would be the main motto behind them to join with the cryptocurrency markets. But yet, I would personally invest into something similar to this.

[hatshepsut93]

I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.

[Latviand]

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.

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

Not all people would invest on such program to help the environment, ofcourse there would be people who would take advantage of the scenario, and would invest to earn profit if it is a project involving cryptos, perhaps a fundraising program. But OP did not clear things out on what kind of investment would help the environment whether it is a real estate project or digital. So it definitely depends and people nowadays are clever enough if that program that they would invest their cryptos with, would really help the environment.

[Google+]

I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.

indeed if there is no electricity then cryptocurrency will not survive because all of them need electricity but you should know that electricity can be obtained from sunlight, water and air so I think maybe cryptocurrency investment is still good but you should invest in coins that have limited supply like bitcoin so you can keep it long-term until the supply reaches the maximum limit and the price can be expensive.

[Magkirap]

I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.

indeed if there is no electricity then cryptocurrency will not survive because all of them need electricity but you should know that electricity can be obtained from sunlight, water and air so I think maybe cryptocurrency investment is still good but you should invest in coins that have limited supply like bitcoin so you can keep it long-term until the supply reaches the maximum limit and the price can be expensive.

Well you don't really need to give your cryptocurrency to someone you don't know or even if they're environmentalist, you can have your own work of habing something good for the environment like what you guys have said solar panel or you can also invest in hydroelectric power so that you can have something good for the environment and at the same time you have some good investments.

[worle1bm]

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

The concept of mining causing pollution is overrated. Mining doesn't contribute to environment pollution directly. Thousands of offices run millions of computers daily for office work. CO2 emission and electric consumption of mining when compare to that is very low.

On the brighter side, cryptocurrencies create value. Value creation by cryptocurrencies is exponential. They not only create valuable coins but also solving social problems through innovation. I think environment cost of creating cryptocurrencies is sustainable for now.

[FlightyPouch]

We can invest into a project or something that would help the environment not really invest into it but I guess that is what you're really saying. The consumption of energy by the miners are said to so massive that is why a lot of them are choosing alternative sources. If we could help the environment just by investing bitcoin, there will be a lot of us here already investing.

[barbara44]

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?

Investment? Well, it all depends on what the investment is really about, as long as it’s a good one and for a good purpose I will invest in it. I am not the type of person that jumps on any project I see, I always take my time to go through it, ask of other’s opinion and know whether it would really be worth it. If yes, then there is no need to be wasting time about it.

polution cant only be found on those mining activities that you mentioned ( coal , gold , oil , etc . mining ) but polution can be on any forms like sound/noise  , heat , etc .  arent you aware of big crypto mining companies   ?  you can see them on the web or on here the forum  . lots of crypto mining ( cpu / hardwares ) are being run all together  .  you dont think this does not release negative energies  or polutions   ?  i believe they are     .

Bitcoin mining can have some negative effects on our environment. I once read a journalist's article on The Guardian, and he claimed that the effects ofBitcoin in our environment is similar to oil and has the possibility of being even bigger than oil, and it’s probably going to haunt it, and everyone that’s into it will be seen as the enemies of environmental movement. I don’t know about this for sure, there are few journalists that have said the claims are not really as serious as others says it is.

[Findingnemo]

I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.

Yes,people in this world are too greedy and they are hiding under good things to make money only so donating or helping such projects is like simply throwing away your money to someone who wanted to earn them without doing any work.

[julius caesar]

If investing in our environment will have a huge impact into it, I will probably going to invest my cryptocurrency. It is gonna be a privelage to help our environment using the money that I have. Instead of letting your money to stay with you, why not donate it for those people who need it and teach them how they are going to earn that kind of money.

[mamahdedeh]

I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.

Yes,people in this world are too greedy and they are hiding under good things to make money only so donating or helping such projects is like simply throwing away your money to someone who wanted to earn them without doing any work.

We need to realize that in this venue if investment greedy people are also present, if we wanted to help the environment we should not just blindly invest without doing any research, we should be aware that scam developers are wanting your money and in order not to waste your investment it's needed to have a deeper research.

right, fraudsters are usually good at looking for themes that are trending at the time, so they don't feel awkward using them to find personal gain. we must learn to be good investors, so we are not fooled by their actions. therefore research on a project is clearly needed