Does bitcoin mining kill the planet? This is a FALSE notion and isn't true about bitcoin. In this video, Adam O tells us the truth about bitcoin and how it consumes energy responsibly. 

You may have recently read an article online stating how bad bitcoin is for the planet and how anyone who is involved in bitcoin doesn't care about the earth. Well, these reports couldn't be more inaccurate and farther away from the truth. 

Bitcoin mining forces miners to look for the cheapest forms of energy and how to best utilize it. Currently, 75% of all the bitcoin mining comes from renewable energy but this fact is often overlooked.

Oil refineries,  dams, you name it all produce energy that is often wasted, can't be sold, or just lost. Bitcoin miners are capture this energy and are put it to good use mining bitcoin. 

Gone are the days of wasted energy. Bitcoin can now preserve the value of energy thus causes entities to think about utilizing their resources.

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Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. Matthew Baltzell is not providing you individually tailored investment advice. Nor is Matthew Baltzell registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Matthew Baltzell is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.  

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