Green cryptocurrency moved by Elon Musk's narration? AngelBlock: The only new aspect of this is the fact that it was mentioned by Elon Musk
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We can't stand to Alex Strzesniewski from AngelBlock to confront news suggesting recent Elon Musk narration on sustainability may affect more "green" crypto with his opinion. Here's what we got.
Alex Strzesniewski (AngelBlock): The only new aspect of this is the fact that it was mentioned by Elon Musk. Within the crypto community we’ve been talking about sustainability for quite some time and it feels like a natural evolution of our industry. Even back in 2017 a few “greener” coins have risen to prominence, each one had a different promise “no GPU mining” or a Delegated Proof of Stake consensus algorithm, etc. I don’t believe Elon Musk’s comments will have a long term effect on the market (hint, hint: look at the price of DOGE), despite the fact that the market is already moving (slowly, but surely) in that direction.
Bitcoin mining has taken great strides to use renewable energy sources, and many projects launching now do keep sustainability in mind
Alex Strzesniewski (AngelBlock): Bitcoin mining has taken great strides to use renewable energy sources, and many projects launching now do keep sustainability in mind. A great example here is Aleph Zero, a privacy-enhancing layer-1 blockchain that has had sustainability as one of its main tenets since launch.
