The world is arguing about Bitcoin’s energy consumption again, this time from opposite ends of the political spectrum.

Chinese premier Xi Jinping and Tesla founder Elon Musk might differ ideologically, but they share a communal punching bag: Bitcoin.

Elon Musk became a cryptocurrency hero when he announced in February that Tesla would accept payment for its products in Bitcoin. Musk later backtracked and said that Tesla actually wouldn’t accept Bitcoin until it had a better energy track record. Chaos ensued.

China is also reducing its environmental impact and Bitcoin mining is in the firing line. Home to the majority of…

Ben Jones

Startup advisor | Co-Founder & CEO/CTO @Nuri

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