đ Bitcoin Advocates Rebut IMF Report on Mining Emissions! đ
Crypto ESG advocate Daniel Batten has fired back at the IMF's recent report that lumps Bitcoin mining with AI data centers, labeling both as environmental threats. Batten argues the IMF's report uses flawed techniques like "guilt by association" and relies on debunked sources.
Batten highlights that Bitcoin mining can actually benefit power grids, unlike AI data centers. He points out that by 2027, crypto's share of global electricity use and CO2 emissions will decrease, while AI's will rise.
IMF's call for a "cryptocarbon" tax is seen as another central bank attack on Bitcoin. Batten suggests such reports lack scientific rigor and should be disregarded. đ #Bitcoin #CryptoNews
