Source |
Schneier on Security |
Identifiant |
8297811 |
Date de publication |
2023-01-04 12:17:21 (vue: 2023-01-04 13:09:16) |
Titre |
Decarbonizing Cryptocurrencies through Taxation |
Texte |
Maintaining bitcoin and other cryptocurrencies causes about 0.3 percent of global CO2 emissions. That may not sound like a lot, but it’s more than the emissions of Switzerland, Croatia, and Norway combined. As many cryptocurrencies crash and the FTX bankruptcy moves into the litigation stage, regulators are likely to scrutinize the cryptocurrency world more than ever before. This presents a perfect opportunity to curb their environmental damage.
The good news is that cryptocurrencies don’t have to be carbon intensive. In fact, some have near-zero emissions. To encourage polluting currencies to reduce their carbon footprint, we need to force buyers to pay for their environmental harms through taxes... |
Envoyé |
Oui |
Condensat |
about are bankruptcy before bitcoin but buyers carbon causes co2 combined crash croatia cryptocurrencies cryptocurrency curb currencies damage decarbonizing don’t emissions encourage environmental ever fact footprint force ftx global good harms have intensive it’s like likely litigation lot maintaining many may more moves near need news norway not opportunity other pay percent perfect polluting presents reduce regulators scrutinize some sound stage switzerland taxation taxes than through world zero |
Tags |
|
Stories |
|
Notes |
★★★
|
Move |
|