Double your Hype: Climate meets Cryptocurrency to kill the world and save it

Cypto currencies are killing the world and saving them at the same time

It’s the battle of the cryptos. Bitcoin is set to destroy the global climate due to exponential electricity consumption. Mining for bitcoins consumes the same electricity as 159 countries (probably more now), and by 2020, the world. I suspect we’ll be saved by reality — transactions now take hours and cost $20, $40, $50 (depends on the day) — making bitcoin not useful for buying a beer. But Michael Kile has found a competing cypto which will save the world — bound to relieve climate believers of their normal cash while offering them gold-hopey-hyper-cubits which may evaporate at a moments notice. Don’t mock it, in people with the right brain, these may briefly increase oxytocin and reduce cortisol.

So say hello to the saviour ClimateCoin. It wants to be an “exponential environmental organisation…” (because linear ones are achieving so much, and the square of zero could do so much more right?) They are not even pretending to produce anything real. Their mission is to “create a symbol for the common man to be able to participate in the struggle against climate change…” No uncommon people need apply. […]