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Introduction
Climate change and the challenges of more unpredictable weather systems are fuelled in no small part by carbon emissions. With companies and governments taking ‘net-zero’ pledges to prevent the situation from getting worse, we are faced with one of humanity’s more serious threats.
Bitcoin as an Arbitrage of Energy
Blaming bitcoin for a strain on power grids is like criticizing a Formula One for not performing at its peak in a cross-country rally. Being power-efficient is not its purpose, providing a digital alternative to hard money is. We still have a long way to go when it comes to providing electricity to every individual on the planet. While many urban and industrial clusters globally have constant power availability, billions in Asia and Africa do not have this luxury. Even Bengaluru, India’s Silicon Valley, does not have the guarantee of 24/7 electricity and businesses require generators in order to ensure functionality during the work day.
Cryptocurrency for Financial & Energy Independence
Setting up solar panels on one’s property not only provides a cushion against fluctuating local supply, but also creates the opportunity to sell any excess back to the grid. Government schemes of this kind, especially when paired with subsidies to encourage adoption, make it a simple choice to choose the environmentally-conscious option.
WAHED’s platform crypto platform, powered by WAHED coin, stands to provide a further boost to our shift away from fossil fuels.
By creating a next-generation investment platform, WAHED enables investors to get involved with innovative companies in high-growth sectors all over the world. With a central focus on climate action, WAHED will connect backers with companies looking to make our transition to a renewable future a reality. Become a part of the WAHED ecosystem today. Visit our website to learn more about how the blockchain will accelerate innovation, and how you can be a part of the new decentralized world.
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