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Bitcoin – volatile, energy-guzzling and irresponsible to promote?
- Thursday | 3rd June, 2021
Bitcoin is a topic that is causing disruption and disagreement in equal measure. The reason that they are – arguably – irresponsible to promote is that influential people such as Elon Musk can manipulate their value disproportionately. The proliferation of virtual things that you can now trade, alongside Bitcoin and others, is eye wateringly large and strange. And Bitcoin, blockchain, NFTs and everything other virtual thing can be hacked. However, the roller coaster ride has influenced governments to change how they think about money, and we will see ‘centralised’ cryptocurrencies emerge quite soon.
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