Many of the complaints about Bitcoin over the years have been overhyped. But the cryptocurrency's increasing use of real physical resources — energy and computer chips — can no longer be ignored. If Bitcoin wants to avoid government crackdowns, it needs to shift to technologies that don't require constant massive resource consumption just to maintain the currency's price. Read the whole thing. We Must Start Planning For a Permanent Pandemic — Andreas Kluth Trump's Election Lawyer Throws Him Under the Bus — Noah Feldman A Taiwan Crisis May Mark the End of the American Empire — Niall Ferguson A New Global Monetary Order Is Being Built Before Your Eyes — Daniel Moss Young Bankers Have an Absurd Work Life — Marcus Ashworth and Elisa Martinuzzi Cathie Wood Is Actively Displacing Those Passive Nasdaq Whales — Shuli Ren Wow, We Sure Drank a Lot Last Year — Justin Fox AMD's Latest Chips Set the Stage for a Stellar Year — Tae Kim How Amazon Is Fighting Door to Door to Beat Ambani — Andy Mukherjee This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion published this week based on web readership. |
Post a Comment