much in the past , but it is worth taking a closer look . After all , Bitcoin alone uses more energy than Argentina .
Fintech companies should be more careful about the overall environmental effect of their actions and take steps to minimise it by asking questions such as :
• What is the carbon footprint of our data centres ?
• Does our company and partner organisations use green energy ?
• What ' s the impact of our company and its affiliates on the environment ?
• How can we invest more sustainably ?
• What is the ESG impact of our company ' s investments and service providers ?
According to John Belizaire , Founder and CEO of
Soluna , " The rise of cryptocurrency has brought up important questions about the environmental impact of energy usage associated with crypto mining , and other financial services like credit card
76 February 2022