April 29, 2024

Ripple CEO claims bitcoin's disastrous impact on climate

Ripple CEO Brad Harlinghouse again went over the world's largest cryptocurrency in a tweet dated October 30, in whichHe was awarded the New York State Department of Financial Services (NYDFS) and its pecuniary statements on the fight against climate change.

Gaplinghouse is provided with a huge carbon footprint of bitcoin, so he recommends that companies use cryptocurrencies, which are effective: boolean

«HUGE, turning point from @NYDFS.Let's all be part of ending the global climate crisis and NOT make the problem worse. As more companies (Square, RH, MicroStrategy, Paupal) store/provide BTC services, this step is critical to mitigating carbon harm and using more energy efficient assets».

On October 29, NYDFS became the first banka regulator in the United States, who turned to the risks of climate change. B picme, ppednaznachennom for financovyx uchpezhdeny cupepintendantom NYDFS Lindoy Lacuell, govopitcya o negativnom vozdeyctvii mayninga kpiptovalyuty okpuzhayuschuyu cpedu nA, chto nichego ne ppedveschaet xoposhego for inctitutsionalnogo ppinyato.

Besides the criticism of the "Chinese coin", the company from San Francisco regularly advertises the eco-friendly direction of XRP.

How and happy to expect, Gaplinghaus tweetbitcoin proponents The Kraken strategist, Pierre Pochap, pointed out that the cryptocurrency does not provide any carbon-based performance. The founder of Messari Ryan Selkis noted that launching Ripple nodes is a lot worse for the planet, because they require a server farm:

«The impact on the climate would be much worse,If we all had to run Ripple nodes because they need an institutional server farm to audit the XRP registry, which only Ripple can afford to do.

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