More Britons Say Banning Bitcoin Will Not Tackle Climate Change – YouGov Survey

[RSRS]

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.

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