Comfort and obtaining of higher quality products.in recent times, the cryptocurrency market has been overwhelmingly increasing. They are eye-catching currencies for the user, since they are decentralized, secure and can be used globally. But how do these cryptocurrencies affect the environment? Next, we are going to explain how a virtual currency, which does not require the felling of trees or the extraction of metals to create banknotes and coins, can have a detrimental effect on the environment. What are cryptocurrencies?
Cryptocurrencies, or cryptocurrencies , are digital currencies that use cryptographic encryption to prevent counterfeiting and are designed to function as a medium of exchange. They allow buying and selling in different areas as if it were a common e commerce photo editing currency. Its characteristics are decentralization, that is, it does not depend on any central computer nor is it regulated by agencies, high volatility, lack of regulation by the states, allow instant and anonymous transactions, can be used anywhere in the world and they are secure because they are encrypted. All this makes them an attractive product that is on the rise, despite the risks, and that is settling in society.
In addition to the well-known bitcoin , there are more than 10,000 cryptocurrencies in the world. The popularity of ethereum is increasing, and it is being used more and more, along with others such as litecoin, ripple, dogecoin, binance coin, neo, iota or cardano. Cryptocurrency mining: if it is virtual, can it negatively affect the environment? The first impression that we can have when associating cryptocurrencies with the environment is that it can be beneficial. Of course, we take away the problem of minting coins and making bills with natural resources. But is this so? For this we