How Bitcoin Improves Water Abundance In Water Scarce Nations

The “bitcoin uses fossil fuels” argument has been increasingly breaking down in the face of new data from Bloomberg Intelligence showing the network is in fact the most sustainable-energy backed industry on the planet with 53% energy coming from sustainable sources.

In response to this news, a new attack vector has emerged: “Bitcoin uses too much water”. Apparently if Bitcoin uses fossil fuel as its energy source it is bad, but if it uses hydro it is also bad: it’s the same double-bind that 17th Century witch-hunters used to determine whether a woman was a witch: “Throw her in the water. If she can swim, she’s a witch – execute her. If she drowns and cannot swim, that…

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