"It's not good for the climate" – Bill Gates on Bitcoin's carbon footprint

Billionaire philanthropist Bill Gates said in a recent interview with the New York Times that Bitcoin is not good for the climate because the energy used by Bitcoin per transaction is more than other methods. Bitcoin Ads Use More Energy Than Any Other Way – Gates While most billionaires around the world are busy planning bitcoin imports, Bill Gates was skeptical of Bitcoin today and claimed that Bitcoin's energy consumption is more than any other method known to man. He's worried about Bitcoin's high carbon footprint and quoted Bitcoin, "It's not good for the climate. Regarding Bill Gates' claims, Dutch scientist Alex de Vries estimated 300 kg of carbon dioxide (CO2) required for each Bitcoin transaction. The amount of CO2 required for each Visa transaction is close to 0.4 grams. "Adding cryptocurrencies to a wallet makes it less green," said Gerald Moser, chief market strategist at Barclays Private Bank, voicing Bill Gates' concerns. It is about 18 months and accumulates as electronic waste. To follow DeFi updates in real time, check out our DeFi news feed here. Share on Facebook Share on Twitter Share on Linkedin Share on Telegram Resource Link "It's not good for the climate" message about Bitcoin's carbon footprint – Bill Gates first appeared in the news in the Crypto media.

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