Cryptocurrency is bad, except it’s not that simple
Looks like bashing cryptocurrency and the associated power consumption is trendy. My feed is filled with articles pointing out the “real” cost of keeping crypto in circulation and the environmental impact of mining. Catchy headlines boil down to “cryptocurrency is bad”, except it’s not that simple. As usual, there is more than a catchy headline and an article that fails to make an accurate point.
I’m not going to pretend to be an expert. My experience with cryptocurrency is limited to a couple of days of mining and successful speculation between Doge and Bitcoin thanks to swift decisions made after Elon’s Musk tweets. These decisions essentially quadrupled my BTC balance within 2 months, take it with a pinch of salt – I own about $500 in BTC I’m yet to cash in on.
Please note that I used my Brave Rewards balance and a couple of days of mining to get to that point. Personally, it’s just an experiment with a spare income I’m not afraid to lose. If you want to experiment, I use Uphold to store my balance and quickly transact between currencies (tested for deposits and cashouts) and you can use this link if you want to support me. Just treat it as entertainment, and don’t blame me if you have to sell it at the dip!
