Greener Currencies

The environmental impact of cryptocurrencies has been a significant issue this year. While the problem has always been present, it came into the limelight in 2021. Prominent critics of cryptocurrencies have pointed to the environmental impact they have had for years. Mining has been an incredibly challenging one. But, is there a way that digital assets can be good for the environment? A Very nuanced Issue As we said, it’s not a new issue for people to raise the problems…

Money oversees most activities individuals intend to fulfill in their daily lives. A government can regulate fiat currencies by taking coins or paper money as legal payment tools. Cryptocurrencies began to feature in the market more than a decade ago to replace the traditional financial system with an advanced mode of transacting. Despite uplifting most users' lives and living standards, digital and fiat currencies portray specific impacts in the global environment. Generally, the environmental conservation topic surrounds common natural causes.…