Much has been written about the ecological impact of cryptocurrencies like bitcoin and ethereum from a pure electricity standpoint, but less has been written on the impact of the sheer volume of e-waste generated by the entire crypto enterprise. And there's a lot of it. Bitcoin's rising e-waste problem (via The Guardian), a study conducted by economists from the Dutch central bank and MIT, projects that "bitcoin's e-waste... amounts to 30.7 metric kilotons yearly, as of May 2021." This figure is comparable to the quantity of small IT and telecommunications equipment discarded in the Netherlands.”
Thousands of demonstrators flocked to the streets in El Salvador a week after it became the first country in the world to accept bitcoin as a legal tender alongside the US dollar. According to accounts, some protestors in El Salvador's capital, San Salvador, were peaceful, but some damaged and set fire to at least one bitcoin ATM on Wednesday. Some protesters wore anti-bitcoin t-shirts and sprayed anti-bitcoin graffiti along the demonstration routes. Others had bitcoin logos crossed out on their signs.
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