Bitcoin Will Soon Use More Energy Than Austria
By now, we’re all tired of hearing about the virtual currency turned investment craze known as Bitcoin. Created in response to the 2008 financial crisis, anarcho-capitalists hailed it as the decentralized future of commerce.
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But as prices soared and the biggest names on Wall Street bought in, Bitcoin became mostly known as a speculative, unregulated investment. Think Beanie Babies, but you can also use them to buy drugs and engage in human trafficking. Perhaps the most remarkable Bitco…