Bitcoin as big oil: the next environmental fight | Ethan Lou

As a Bitcoin maker who covered the oil industry as a journalist, I see parallels between the two that may haunt cryptocurrency

I make Bitcoin, and in a previous life, I covered the oil industry as a journalist. Increasingly, I’m realizing the two worlds are alike. Bitcoin is oil.

And one day, Bitcoin will become big oil, and all who dabble in it will be reborn as enemies of the environmental movement, seen as plunderers of the planet and the bad guys in the fight against climate change – just like oil.

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