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I am not getting the sense that people, who talking about global warming, will really follow up with the actions, when it concerns their wallets or their qualit
by g42gregory 5y ago
I am not getting the sense that people, who talking about global warming, will really follow up with the actions, when it concerns their wallets or their quality of life. Look at the number of the private jets at the COP26. Look at number of Hummers that Arnold Schwarzenegger (whom I love btw!) owns. He talks climate change but drives a Hummer.
By the same token, people with money, progressive or otherwise, will continue to invest in crypto as it is the highest yielding asset on the market. Kazakhstan became the 2nd largest crypto miner, after the US. It looks like they are balancing the demand for the energy supply between crypto miners and the rest of their customers. This sounds like a very reasonable thing for them to do.
We will see more regulations concerning the crypto currency and I think it's a good thing for the market. The regulations will ensure continuous growth and mainstream acceptance of crypto.
- georgeecollins 5y agoTo be fair, I think he is aware of the contradiction: https://www.motor1.com/news/181048/schwarzenegger-shows-electric-hummer-h1/ https://www.motor1.com/news/181048/schwarzenegger-shows-elec...