2min chapter

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#127 – Sam Bankman-Fried on taking a high-risk approach to crypto and doing good

80,000 Hours Podcast

CHAPTER

Are Cryptocurrencies Good for the Environment?

In theory, the hope would be that companies are getting funding through these systems. And then we really could talk about businesses that simply would have been too prohibitive to get them off the ground without this kind of financial irations. The main concern tha people have is the effect on climate change, that is, getting tons of energy. So i think, like it is, it is a concern. I think there are ways to deal with it.

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