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The true costs of digital currencies: Exploring impact beyond energy use
Reference Type:
Journal Article
Vries, A. de, U. Gallersdörfer, L. Klaaßen, and C. Stoll. 2021. “The True Costs of Digital Currencies: Exploring Impact beyond Energy Use.” One Earth 4 (6): 786–89. https://doi.org/10.1016/j.oneear.2021.05.009
The digital currency Bitcoin is known for its energy hunger and associated carbon footprint. Investors, however, must not neglect further environmental, social, and governance issues related to digital currencies. Therefore, we urge the adoption of a more comprehensive view in assessing the externalities of investments in Bitcoin and other cryptocurrencies. © 2021 Elsevier Inc.
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