Myth: Bitcoin Is Bad For The Environment - Coinbase Crypto University

Is Bitcoin bad for the environment? In this video, we address growing concerns about Bitcoin's environmental impact and the claim that its energy consumption contributes significantly to climate change. Delve into Bitcoin's energy usage and the increasing adoption of renewable energy sources in mining, as well as the industry's push for eco-friendly practices. We compare Bitcoin’s energy consumption to that of traditional banking and financial systems, showcasing that it isn't the environmental villain it's often portrayed as. By the end of the video, you will gain a more nuanced understanding of Bitcoin's energy consumption and environmental impact. At Coinbase, our mission is to create an open financial system for the world. ✅ Subscribe to our channel here: https://www.youtube.com/channel/UCofTOFX4QuhT8OY-3-fFRFw/?sub_confirmation=1 ► To own a piece of the future visit Coinbase: https://coinbase.com ► Learn more about cryptocurrency here: https://www.coinbase.com/learn ► Follow us on Twitter: https://twitter.com/coinbase ► Like us on Facebook: https://www.facebook.com/coinbase/ ► Find us on Instagram: https://www.instagram.com/coinbase/ #coinbase #Cryptocurrency #Blockchain #CoinbaseExchange #CoinbaseApp #OpenFinancialSystem #CryptoForAll __ This content is being provided to you for informational purposes only. Nothing discussed in this video is intended to be investment advice. This content, and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content.