Jump to content

One Of The Reasons XRP Is Capable Of Defeating Bitcoin Is That Bitcoin Is Killing The Earth


Recommended Posts

An important aspect that makes Bitcoin different from fiat types is that it is mined. Therefore, those who want to mint BTC must achieve a minimum of computing power and consume a lot of electricity to do it, in stark contrast to the fiat money, which can be printed infinitely. And perhaps because of this (and some other reason), Ripple CEO Brad Garlinghouse thinks that XRP will be able to beat Bitcoin and Ethereum.

Although many people believe that the mining feature is more attractive to Bitcoin than fiat. However, there are also some critics that this is an essential factor in the growing climate crisis. It’s no secret that Bitcoin is not the most popular asset; Many economists and technologists around the world are skeptical about cryptocurrencies for a variety of reasons. One of the reasons cited is because it kills the Earth.

Ripple CEO is probably the one who cares about this issue.

Garlinghouse recently considered this debate, supporting critics who claim that Bitcoin (and Ethereum, etc.) energy consumption through mining is a colossal waste.

He explained:

“There’s no incentive to take responsibility for the carbon footprint (of crypto mining). Absolutely (mind-blowing) that this isn’t high on the list for the growing climate crisis.”

LINK: https://azcoinnews.com/one-of-the-reasons-xrp-is-capable-of-defeating-bitcoin-is-that-bitcoin-is-killing-the-earth.html

Link to comment
Share on other sites

  • Replies 1
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...