Rick Stringer Rick Stringer
May 7, 2023, 2:13 PM
Could Bitcoin be the Greatest ESG Investment of All Time?
Despite concerns about Bitcoin’s energy usage, it has the potential to be a great environmental, social, and governance (ESG) investment. Bitcoin has generated significant returns for investors and is making positive impacts globally. Unlike many other sectors, Bitcoin does not primarily rely on coal as its energy source, with over half of the Bitcoin network powered by zero-emission energy. Additionally, Bitcoin mining stabilizes the electrical grid by absorbing excess energy and promotes energy efficiency. It also incentivizes innovation in clean energy sources, such as converting methane emissions from landfills into electricity for mining. Overall, Bitcoin’s ESG potential makes it a promising investment option.

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₿itcoinNorth

₿itcoinNorth

Traverse City, MI Founded on Mar 8, 2023

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