The Bitcoin Dilemma Weighing the Economic and Environmental Costs and Benefits

For a coin with almost completely inelastic supply and steadily increasing demand, the conditions for accelerating electricity demand is consistent with economic theory and may well characterize the future of Bitcoin. The book also demonstrates the counterintuitive result that improvements in mining...

Full description

Bibliographic Details
Main Author: Read, Colin L.
Format: eBook
Language:English
Published: Cham Palgrave Macmillan 2022, 2022
Edition:1st ed. 2022
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • 1. Introduction
  • Part I. The Cypherpunk Bible
  • 2. In the Beginning
  • 3. The Creator
  • 4. The Disciples
  • 5. he Genesis Block
  • Part II. Cryptocurrency Corporatization
  • 6. A New Testament
  • 7. Public Ledgers, Private Wallets, and Crypto Vulnerabilities
  • 8. Bitcoin Goes Corporate
  • 9. The Fundamental Flaw of Bitcoin
  • 10. The Bitcoin Dilemma
  • Part III. Cryptocurrency Consequences
  • 11. Towns and Cities Against Noise and Power Hogs
  • 12. No More Duffel Bags Full of Cash
  • 13. States and Bitcoin
  • 14. National Policy and Bitcoin
  • 15. The Rise of Ethereum and Hobby Mining
  • Part IV. Born-Again Crypto Bros and the Gospel of Profits
  • 16. A Hard Fork in the Bitcoin Philosophy
  • 17. The First Crypto Bros Millionaires
  • 18. The Coin du Jour – The Rise of Initial Coin Offerings
  • 19. Decentralized Finance
  • 20. The Market Prognosis for Bitcoin
  • Part V. Cryptocurrency and theEnvironment
  • 21. Carbon Footprints
  • 22. Greenwashing in the Bitcoin industry
  • 23. Infighting in the Crypto Bros Family
  • Part VI. The Rewriting of the Cryptocurrency Bible
  • 24. Central Banks Get into the Act
  • 25. The Disruption of the Fractional Banking System
  • 26. Shock and Awe and a Call for Regulatory Action
  • 27. Bitcoin’s Global Reach
  • 28. Conclusion