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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