Tuesday, December 24, 2024
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Do Cryptocurrencies Have a Dirty Little ESG Secret?

“I’ve always felt that the environmental argument against cryptocurrencies is weak,” said Scott Eichler, founder and principal at Standing Oak Financial, a Newport Beach, Calif.-based registered investment advisor (RIA). “There’s something to the idea that, in some ways, the energy use gives cryptocurrencies their value, creating a barrier to entry.” Source

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Kevin O’Leary Predicts Emergence of Distinct Clean vs. Dirty Bitcoin Markets

We’re all familiar with the concept of organic vs. non-organic food, but Shark Tank’s Kevin O’Leary sees a similar distinction being applied to Bitcoin. He predicts the divergence of Bitcoin into two classes, the clean “virgin” coin mined using renewable energy in “whitelisted” countries, and, in reference to the diamond

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