02-03-2022, 05:09 PM
Crypto companies publishing "research reports" showing crypto is not at all bad for
<!-- SC_OFF --><div class="md"><p>Today (maybe a few days ago? I saw it posted today), a company called "CoinShares" published <a href="https://coinshares.com/research/bitcoin-mining-network-2022">a report</a> that tries really hard to push the narrative that BTC is totally not bad for the environment and that all of that is FUD.</p> <p>Who is CoinShares? A company whose "mission is to expand access to the digital asset ecosystem" - in other words, a company that is dependent on crypto succeeding. If you read the report and you don't have rose-colored glasses, that becomes obvious for you - even though they pick the numbers most favorable for them, they find that BTC accounts for only 0.08% of CO2 emitted worldwide.</p> <p>Think about that, that's almost a thousandth of all CO2 - for something that really isn't used all that much. That number is huge, and probably even higher in reality.</p> <p>It's a laughable effort of declaring BTCs environmental problems FUD. In a few decades, when we hopefully have mostly solved crypto's environmental problems, we will look back at studies like that the same way we regard <a href="https://www.history.com/news/cigarette-ads-doctors-smoking-endorsement">cigarette ads from the 1930s and 1940s</a> with doctors saying they are not at all bad for your health.</p> <p>Change my mind!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sjerjo/crypto_companies_publishing_research_reports/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sjerjo/crypto_companies_publishing_research_reports/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Today (maybe a few days ago? I saw it posted today), a company called "CoinShares" published <a href="https://coinshares.com/research/bitcoin-mining-network-2022">a report</a> that tries really hard to push the narrative that BTC is totally not bad for the environment and that all of that is FUD.</p> <p>Who is CoinShares? A company whose "mission is to expand access to the digital asset ecosystem" - in other words, a company that is dependent on crypto succeeding. If you read the report and you don't have rose-colored glasses, that becomes obvious for you - even though they pick the numbers most favorable for them, they find that BTC accounts for only 0.08% of CO2 emitted worldwide.</p> <p>Think about that, that's almost a thousandth of all CO2 - for something that really isn't used all that much. That number is huge, and probably even higher in reality.</p> <p>It's a laughable effort of declaring BTCs environmental problems FUD. In a few decades, when we hopefully have mostly solved crypto's environmental problems, we will look back at studies like that the same way we regard <a href="https://www.history.com/news/cigarette-ads-doctors-smoking-endorsement">cigarette ads from the 1930s and 1940s</a> with doctors saying they are not at all bad for your health.</p> <p>Change my mind!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sjerjo/crypto_companies_publishing_research_reports/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sjerjo/crypto_companies_publishing_research_reports/">[comments]</a></span>Kind Regards R