Today I wanna explain few important things about cryptocurrency, which very less people know about.
Everyone thinks if they invest in cryptocurrency, they can get very good returns.However, do they even know that existence of cryptocurrency in future can vanish the existence of humans. One can find this statement quite weird, so let me explain, how ??
Do you know for single transaction of cryptocurrency, how much power they use ?? This power is consumed by one american family in a month !!
So can you even imagine how much power is wasted for making the single cryptocurrency !! World is already facing power cut issues, no power or less power production issues due to lack of resources.e
Carbon emission which produces in process of making cryptocurrency is next level. How much harm it makes to nature, you may understand.
This all mechanism will create more floods, heavy rains, unexpected change in climate, earthquakes and much more.
Human body is not made to tackle those unexpected climate changes. So when human will not left in earth, whose gonna use that cryptocurrency ?? Robots !! It may sound funny, but it could be a reality if we will not take it seriously.
Glaciers are melting like anything, half of the world is already going to merge in water in next few decades. When will we start thinking on it ?? This is time, please think on it and stop investing in cryptocurrencies !!
China has already banned cryptocurrency in their country due to it's high carbon emission. When other countries will take an action ?? Hard to comment !!
They even know that Miami is located at very vulnerable climate change location and it impact them adversely.Making cryptocurrency is also a challenge because of lack of resources.
According to FTX farud, he was not able to return $8 billion to the customer, due to that this scam was caught. Making cryptocurrency in such a huge level is a great challenge in itself.
Hope people understand it before it gets too late !!
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