Elon Musk Reacts to the Theory that 'Crypto Uses too much Energy' With Explanation of Hypocrisy

30 April 2021, 12:04 am
(Photo : Screenshot From Pexels Official Website) Elon Musk Reacts to Theory that 'Crypto Uses too much Energy' With Explanation of Hypocrisy
Tesla CEO Elon Musk has been very vocal about his fondness for cryptocurrency despite the general consensus of a lot of his high-profile competition. There have been theories and beliefs pioneered by a lot of his competitors including Microsoft's Bill Gates about how cryptocurrency is actually bad for the environment since it uses way too much electricity.
Bitcoin Energy Problem?
According to FoxBusiness, Bill Gates noted in an interview that Bitcoin actually takes more electricity per transaction in comparison to any other method that is currently known to mankind. He then gave a firm statement saying it is generally "not a great climate thing."

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