There’s been a lot of debate around Bitcoin and energy these days and Anthony Pompliano wants to set some things straight. Check out his post below.
Bitcoin is the key to an abundant, clean energy future.
The critics are misinformed and uneducated. Read this thread. Make sure you’re armed with the facts.
Bitcoin is inevitable. Bitcoin is good for humanity. https://t.co/sVwT0n8UN7
— Pomp 🌪 (@APompliano) April 21, 2021
Someone said: “Unfortunately, Bitcoin has many flaws (mining centralized in China, POW high energy consumption, fees, transaction speed.) Ethereum 2.0 is the solution thanks to proof of stake. (more decentralized, less energy, deflationary). Not easy to hear but it is the truth. BTC is legacy.”
Another follower posted this: “#Bitcoin really deserves credit for starting and being in the forefront of the #Crypto revolution. Because of $BTC there now exists several other #crypto projects striving for the good of humanity. Projects like @EasyfiNetwork working to make under-collateralized loans possible.”
Another follower posted this relevant message:
A proper sustainability comparison between #Bitcoin and gold should factor in all the environmental damage, pollution, deforestation, land scaring, displaced communities, etc.
— Bitcoin Joker (@CryptoBitcoinM3) April 20, 2021
Bitcoin bullish predictions
Bitcoin has been exploding this month, and the ing coin managed to reach new ATHs.
The other day the king coin’s price dropped significantly, leading to fear among investors, but also to the impulse of buying the dip.
At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $55,402.71.
According to the latest reports coming from the online publication the Daily Hodl, the trader who nailed Bitcoin’s violent collapse from above $60,000 to the lows of $50,000 is now predicting that the king coin will kick off an epic bounce and restart its bull market.