Ethereum's Shanghai update will reignite a debate over whether Bitcoin mining is viable and sustainable due to the network's energy consumption problem. Via WIREDUK
“The reaction was predictable, but disappointing,” says Skar. “It’s not surprising, but it’s a bad look to trivialize these very real issues.”
Both parties also accuse the other of bad-faith misrepresentations of facts and data. The Greenpeace campaign, Pritzker and Bendiksen say, is funded in part by Chris Larsen, founder of Ripple, a company with interests in promoting XRP, a cryptocurrency that was launched as a direct competitor to bitcoin.
“Any attack on bitcoin is an attack on their morality, values, and often their net worth. This makes everything feel personal,” Von Wong told WIRED. “Because most people don’t see themselves as intrinsically bad, they feel misjudged and misunderstood, which is a terrible place to start a conversation.”
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