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video UK · 13 May 2021

Tesla stops taking Bitcoin - How can CRYPTO hurt the environment? Gary on BBC Radio Kent

This video discusses the environmental impact of Bitcoin, explaining how its "mining" process consumes vast amounts of electricity for complex mathematical operations. It also covers the origins of digital currencies, like Bitcoin, as a response to the 2008 financial crisis, aiming for a banking-system alternative, but notes their current use primarily for speculation rather than everyday transactions.

By Gary Stevenson

Mentions Elon Musk

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