Blockchain technology and cryptocurrencies became an important part of the fintech industry. Especially for what concerns Gen Z, the demand for cryptocurrencies is quite high, and the reasons behind this are mainly related to pseudonymity or anonymity – depending on the crypto project, decentralization, and a major control over financial assets.
But the same generation is also interested in major social and economic issues like climate change. How can the two interests coexist in the same person if Bitcoin consumes more energy than Pakistan? To address this green finance-related question, Tim Lea wrote an in-depth article for FinTech Weekly, analyzing the correlation between consumptions and cryptocurrencies – and the Proof of Stake trend, also considering Ethereum’s transition.