{"id":4052,"date":"2021-06-18T07:55:25","date_gmt":"2021-06-18T06:55:25","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=4052"},"modified":"2021-06-18T07:55:37","modified_gmt":"2021-06-18T06:55:37","slug":"bitcoins-environmental-damage-the-threats-are-those-who-do-not-understand-bitcoin","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitcoins-environmental-damage-the-threats-are-those-who-do-not-understand-bitcoin\/","title":{"rendered":"Bitcoin\u2019s Environmental Damage: &#8220;The threats are those who do not understand Bitcoin&#8221;"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">Michael Saylor, MicroStrategy CEO talking on <a href=\"https:\/\/coinscreed.com\/staging\/jpmorgan-bitcoins-actual-worth-is-35000-in-the-midst-of-value-crash.html\" data-type=\"post\" data-id=\"3690\">Bitcoin's<\/a> environmental damage said the problem isn't bitcoiners but those negative headlines about mining.<\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"585\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Bitcoins-Environmental-Damage-The-threats-are-those-who-do-not-understand-Bitcoin.png\" alt=\"Bitcoin\u2019s Environmental Damage: &quot;The threats are those who do not understand Bitcoin&quot;\" class=\"wp-image-4053\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Bitcoins-Environmental-Damage-The-threats-are-those-who-do-not-understand-Bitcoin.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Bitcoins-Environmental-Damage-The-threats-are-those-who-do-not-understand-Bitcoin-300x171.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Bitcoins-Environmental-Damage-The-threats-are-those-who-do-not-understand-Bitcoin-768x439.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p>The CEO of MicroStrategy Michael Saylor\u2019s comment at the new <a href=\"https:\/\/coinscreed.com\/staging\/india-wants-cryptocurrencies-to-be-criminalized.html\" data-type=\"post\" data-id=\"2714\">Bitcoin Mining Committee<\/a> meeting on Wednesday seemed to summarize the essence of the event, which was attended by more than 7,000 listeners on Twitter Spaces and they tried to complete it.<\/p>\n\n\n\n<p>Several specific steps were discussed this time. On the contrary, this meeting became another way for Bitcoin industry representatives to express their dissatisfaction with claims that Bitcoin mining is harmful to the environment.<\/p>\n\n\n\n<p>For example, Perianne Boring, President of the Digital Chamber of Commerce, said: \u201cOne thing that drives public policy is the narrative of the media.<\/p>\n\n\n\n<p>The headlines have driven conversations in <a href=\"https:\/\/www.google.com\/search?q=Bitcoin%E2%80%99s+Environmental+Damage:+%22The+threats+are+those+who+do+not+understand+Bitcoin%22&rlz=1C1SQJL_enNG889NG889&hl=en-GB&sxsrf=ALeKk00jheb2ad_Z_Xzy03PoWlYv_S69Hw:1623997745093&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjF9NiFx6DxAhXtx4UKHRwbCtwQ_AUoAnoECAEQBA&biw=1366&bih=568#imgrc=W6zSHapvjRSvyM\" data-type=\"URL\" data-id=\"https:\/\/www.google.com\/search?q=Bitcoin%E2%80%99s+Environmental+Damage:+%22The+threats+are+those+who+do+not+understand+Bitcoin%22&rlz=1C1SQJL_enNG889NG889&hl=en-GB&sxsrf=ALeKk00jheb2ad_Z_Xzy03PoWlYv_S69Hw:1623997745093&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjF9NiFx6DxAhXtx4UKHRwbCtwQ_AUoAnoECAEQBA&biw=1366&bih=568#imgrc=W6zSHapvjRSvyM\" target=\"_blank\" rel=\"noopener\">Washington <span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>and the state and public policy circles.<\/p>\n\n\n\n<p>We really sounded the alarm towards the end of 2020 when we saw a huge outtake in negative reporting of bitcoin mining.<\/p>\n\n\n\n<p>When you have a series of stories and headlines, misinformation, false narratives, we will see the reaction from a policy perspective.<\/p>\n\n\n\n<p>&#8220;Saylor said that the responsibility of the Bitcoin Mining Council is to provide a &#8220;sharing, collaboration, and information-rich space which one can learn about the benefits of mining Bitcoin.<\/p>\n\n\n\n<p>&#8220;He also said that lack of \u2018information space\u2019 or reading headlines has led politicians to take action against <a href=\"https:\/\/coinscreed.com\/staging\/altcoins-4-unfamiliar-cryptocurrencies-that-beat-bitcoin-during-the-crash.html\" data-type=\"post\" data-id=\"3756\">cryptocurrencies<\/a>.\u201d<\/p>\n\n\n\n<p>Bitcoin has an external threat,\u201d Saylor said. \u201c the threat isn\u2019t Bitcoiners talking to each other. The threats are those who do not understand Bitcoin. &#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor, MicroStrategy CEO talking on Bitcoin&#8217;s environmental damage said the problem isn&#8217;t bitcoiners but those negative headlines about mining. The CEO of MicroStrategy Michael Saylor\u2019s comment at the new Bitcoin Mining Committee meeting on Wednesday seemed to summarize the essence of the event, which was attended by more than 7,000 listeners on Twitter Spaces [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,83],"tags":[152,540,539],"class_list":["post-4052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-bitcoin-news","tag-bitcoin","tag-environmental-damage","tag-microstrategy"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/Bitcoins-Environmental-Damage-The-threats-are-those-who-do-not-understand-Bitcoin.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/4052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=4052"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/4052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/4053"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=4052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=4052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=4052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}