Why a Cryptocurrency Tax Would Be Good for the Environment

Why a Cryptocurrency Tax Would Be Good for the Environment

Why a Cryptocurrency Tax Would Be Good for the Environment

05/14/22

“Why would a blockchain tax be good for the environment?”

Mining cryptocurrency consumes large amounts of electricity. However, if governments were to implement a tax on creating new pieces of bit currency, then it would force operations to slow down and therefore consume less energy. This is Why a Cryptocurrency Tax Would Be Good for the Environment.

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