Yugocean
Valued Contributor
Nowadays, the digital age is going on, due to this the possibility of digital economy is also increasing. Many people do not like the digital currency economy, and argue against it, one of them is mining energy and pollution.
According to the opponents of cryptocurrencies, mining energy causes energy to be wasted on the one hand, while pollution also increases on the other. Therefore, instead of crypto, the current fiat currency is the right one.
This may be a good reason against digital currency, but we need to know the other side as well.
Fiat currency currently operating globally is a paper currency, cotton and linen are used for currency paper and several special types of ink are used for printing. A lot of energy is spent in the manufacture of paper and ink itself and there is unbearable pollution, after which additional energy is also spent on printing.
For the above reasons, it does not seem appropriate to attribute mining energy and pollution to cryptocurrencies.
According to the opponents of cryptocurrencies, mining energy causes energy to be wasted on the one hand, while pollution also increases on the other. Therefore, instead of crypto, the current fiat currency is the right one.
This may be a good reason against digital currency, but we need to know the other side as well.
Fiat currency currently operating globally is a paper currency, cotton and linen are used for currency paper and several special types of ink are used for printing. A lot of energy is spent in the manufacture of paper and ink itself and there is unbearable pollution, after which additional energy is also spent on printing.
For the above reasons, it does not seem appropriate to attribute mining energy and pollution to cryptocurrencies.