In their desperation to find a reason for why bitcoin is terrible-bad-destructive-awful and morally reprehensible, the crypto-obsessed authors of the Financial Times blog Alphaville – Jemima Kelly, Jamie Powell, Izabella Kaminska – are quickly running out of good choices.
Their latest one is the “environmental FUD” – a classic in our world of environmentally obsessed elites, where anything remotely associated with The Climate ensures moral supremacy. If all else fails, guilt-by-association will not. So, complain away about the environmental impact from the energy used by the Bitcoin network’s nodes and miners.