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Wednesday, February 21, 2018

Cryptocurrency Based on Removing CO2 from the Atmosphere

Bitcoin mining is actively making climate change worse by consuming vast amounts of energy. We need the opposite of that: a cryptocurrency that uses human greed to entice people to clean up the climate. Ideally, such a currency would replace the computational work that provides Bitcoin with its value with a different proof of value: removing carbon from the atmosphere. If there were such a coin, and markets started speculating in it as they have with Bitcoin, it would create a concrete incentive for people to invest in carbon capture. Plus, that's actually a real value to the world (as opposed to Bitcoin mining).

Nori doesn't exactly do this, but it seems like a good start: https://nori.com/



Submitted February 21, 2018 at 12:00PM by CrookedGrin78 http://ift.tt/2ETVJdY

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