Nic Carter: How Much Energy Does Bitcoin Actually Consume? | SALT Talks #230

Nic Carter is General Partner at Castle Island Ventures, a public blockchain-focused venture fund based in Cambridge, Mass. He is also the co-founder of Coin Metrics, a blockchain analytics startup. Today, Bitcoin consumes as much energy as a small country. This certainly sounds alarming — but the reality is way more complicated. Nic Carter joins us today to discuss several common misconceptions surrounding the Bitcoin sustainability debate, and ultimately argues that it’s up to the crypto community to acknowledge and address environmental concerns, work in good faith to reduce Bitcoin’s carbon footprint, and ultimately demonstrate that the societal value that Bitcoin provides is worth the resources needed to sustain it. —————————————————————— Registration for SALT New York is now open! Join us September 13-15, 2021 and sign up at https://register.salt.org/event/411f76d9-c215-4719-9bc4-8dfac6cfacdd/summary For podcast transcripts and show notes, visit https://www.salt.org/ Watch this video on YouTube: https://youtu.be/cqx9uetG5v8 Moderated by Anthony Scaramucci. Developed, created and produced by SALT Venture Group, LLC.