Here’s why Bitcoin’s 2020 surge is different from its 2017 highs

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Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management joins Yahoo Finance Live to weigh in on the outlook for Bitcoin and the crypto market.

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  1. hiBitcoin is bad for the environment. The higher the bitcoin price, the worse it is for the environment as there will be more bitcoin miners. Mining bitcoin consumes electricity equivalent of a 200 million population at the current price of bitcoin $28000. China is the primary source of Bitcoin mining, and the main source of electricity production is coal, which is also very bad for the environment. Please stop buying bitcoin and stop promoting it as this will eventually kill our Earth. Bitcoin is a negative-sum game, so some people win, and others lose. Cryptocurrency exchanges and bitcoin miners make money, and most of the people lose money.

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  4. Heyyyy
    Guess what 14billion ( max world population ) divided by 21million ( max bitcoin ) is then times it by 1000
    😉 mwahaahahaahahahahaha
    Get rid of bitcoin or all shall burn in the icy hell on earth with the heat produced from mining

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