shutterstock 1428200399 768x403 2 ECB Says a Bitcoin Ban is "Probable" Due to Climate Change Concerns

ECB Says a Bitcoin Ban is “Probable” Due to Climate Change Concerns

-The European Central Bank has come down hard on Proof-of-Work blockchains in a new research article.
-The research article compares Proof-of-Work algorithms to fossil fuel cars while likening Proof-of-Stake to electric vehicles.
-The article speculates that the EU would not proceed with planned restrictions on fossil fuel cars without also taking action against Proof-of-Work cryptocurrencies.

shutterstock 1428200399 ECB Says a Bitcoin Ban is "Probable" Due to Climate Change Concerns
ECB Says a Bitcoin Ban is "Probable" Due to Climate Change Concerns 3

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