Kyle McDonald, an independent researcher, predicted on CoinDesk TV’s “First Mover' show that the Bitcoin network will be 'regulated away' because of its energy consumption. _franvela reports.
Speaking on CoinDesk TV's"First Mover" program on Friday, McDonald cited the"climate crisis" and Bitcoin's massive use of energy. He said that because “Bitcoin doesn’t have the coordination like Ethereum to leave proof-of-work,” it could be “the first to be regulated away.”
Crypto’s energy consumption has become a major bone of contention for environmental activists and governments, and McDonald said bitcoin will never see"$69,000 again." The cryptocurrency traded close to that mark last November.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Arizona punter Kyle Ostendorp launches punts and studies rocket scienceArizona Football fans don’t want to see him on the field as much this year. But when Kyle Ostendorp does have to come on to punt, he’s one of the best in the country to do it.
Leer más »
Kyle Roche Withdraws from Crypto Class Actions — Days After Secretly Recorded Videos Emerged | CoinMarketCapThe lawyer, who is a founding partner at Roche Freedman, was caught on camera describing juries as '10 idiots' — and boasting that he 'sues half the companies in the industry' 🤭
Leer más »
Kyle Roche files to withdraw from class-action practice after video leakThe Crypto Leaks fallout continues. In the wake of allegations, high-profile crypto lawyer Kyle Roche has filed to withdraw as counsel on several crypto class-action lawsuits.
Leer más »
Eleven Warriors Roundtable: Blue Bloods Square Off in the ShoeThe 11W Roundtable welcomes our own Dan Hope, Kyle Jones and Josh Poloha to discuss the season-opening showdown versus Notre Dame in the Shoe.
Leer más »