Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: RSRS on October 26, 2021, 06:47:25 AM
-
The latest data analysis suggests that the majority of UK residents would not support their government in the event it would impose a crackdown on Bitcoin due to environmental concerns.
According to a recent YouGov survey, only 18% of the total population polled supported banning cryptocurrency in tackling climatic change, with 45% voting contrary to the move.
On several occasions, Bitcoin mining and its environmental impacts have attracted a heated discussion within the crypto industry. Moreover, the Asian crypto market reportedly intensified crackdowns over the same concerns.
But surprisingly, Bitcoin mining only accounts for just 0.46% of the entire world’s electricity consumption. A majority of the Britons suggest, banning crypto assets with such a small percentage would not make the whole planet greener either.
As the YouGov survey reports, only 21% of those younger than 24 years would back up the authorities if they implemented a total Bitcoin ban. On the contrary, 64% of the elderly above 65 years voted “No” to such an idea.
More Information (https://cryptonews.net/en/news/bitcoin/2382779/)