The Environmental Reckoning of Crypto: Why Bitcoin's Collapse Should Be a Wake-Up Call
Bitcoin's collapse over the weekend is a stark reminder of the environmental cost of crypto. The $160 billion market crash highlights the fragility of "digital gold," a speculative asset built on ecological devastation. Bitcoin mining consumes over 121 terawatt-hours of electricity annually—more than the entire country of Argentina—largely powered by fossil fuels. This energy binge is unsustainable and must be rethought. It's time for a shift toward eco-friendly solutions like proof-of-stake systems, with better transparency and regulation on emissions. The weekend's crash proves that the crypto market is unstable; we need a more responsible and sustainable future.
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