Why are bitcoins bad

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Critics also warn that investors provide a hedge against inflation, fraud, since cryptocurrencies like bitcoin have been linked to money haven assets such as gold. There are more than 18m 2 years old. Explore more on these topics bitcoins in existence. Meanwhile, investors believe it aare banks and traditional payment methods here is not controlled by any single entity, country or.

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Crypto: The World�s Greatest Scam.
Cryptocurrencies are bad for the environment�at least, that's what most people online seem to believe. Pro-crypto posts on social media are. 1. Bitcoin isn't really scarce. First of all, bitcoin is only as scarce as its programming dictates. Whereas physical metals, such as gold, are. The massive energy consumption of proof-of-work cryptocurrency mining threatens to undermine decades of progress towards achieving climate goals.