Cryptocurrency: A Solution to Our Environmental Crisis
A groundbreaking study recently confirmed what indigenous people have been saying for decades.
“The restoration of trees remains among the most effective strategies for climate change mitigation.”- Science 2019
Prof. Tom Crowther at the Swiss University ETH Zürich, who led the research stated:
“The most effective projects do restoration at about ¢30 per tree, meaning that restoring a trillion trees would be about $300 billion … by far the cheapest solution that has ever been proposed.”
The plan is simple, plant trees!
But, where do we get the funding? Governments have so far been reluctant to finance this work.
Cryptocurrency: Financing Regeneration
In the last 3 years from August 2016 to August 2019 Bitcoin’s value grew from $9 billion to $195 billion USD.
That’s a growth of $186 billion.
If Bitcoin were designed a bit differently it could have used a portion of this growth to give grants for regenerative projects.
For example:
In an alternative cryptocurrency model, SEEDS, at least 12.5% (and up to 50%) of that $186 billion would have been directed towards grants for regenerative projects.