It comes up again and again: cryptocurrency is bad for the environment. Blockchain burns electricity. Bitcoin has an unforgivably huge carbon footprint. But how true is this, really? Recently, cryptocurrency has been in the news again, with everyone from economists to TV stars taking a stance against its validity and
It comes up again and again: cryptocurrency is bad for the environment. Blockchain burns electricity. Bitcoin has an unforgivably huge carbon footprint. But how true is this, really? Recently, cryptocurrency has been in the news again, with everyone from economists to TV stars taking a stance against its validity and
When someone says ‘digital currency’, the world thinks ‘blockchain’. But blockchain isn’t the only tech that can be used to develop digital currency – and some economists don’t think that decentralised blockchain-based cryptocurrency ticks all the necessary boxes to be considered as money at all. This isn’t true
Digital currencies are all the rage these days and central banks are not immune to their charm. There were more than 7,500 cryptocurrencies by the end of 2021, from around 66 in 2013, and while most are unlikely to survive, they have sowed the seeds of the popularity of
The internet has been a game-changer to our societies and how we do business for decades. We rely on the web so much that it became second nature for many of us to use it and expect it to work all the time, but it might be in danger now,
