🍂 The Week Bitcoin farted. 🗯 Data from the CIA about 🔌 the sustainability of Bitcoin 🦄 & more.

A big week for Bitcoin, Tesla, Vitalik, India, and Sustainability + The Data from the CIA about Bitcoin + A digital currency economist analysis to spice up your dinner talks tonight.

Last week, what was the common point between Tesla, Vitalik, India, COVID, and ESG? Bitcoin!

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Quick Snapshot

Last week was a big week for crypto. Starting with a good news: Vitalik Buterin, the computer scientist who created Ethereum (ETH), told IEEE Spectrum that mining cryptocurrency can be “a huge waste of resources, even if you don’t believe that pollution and carbon dioxide are an issue”, Buterin said. “There are real consumers – real people – whose need for electricity is being displaced by this stuff.”

Wednesday, Vitalik donated cryptocurrency worth $1 billion to support covid-19 relief work in India, possibly the single-largest philanthropic contribution to help covid-stricken Indians from any country or individual in history.

On the other end, while the recent fall has dented Musk’s fortune, bitcoin also poses a threat to the company’s mission toward a “zero-emission future” and poses serious questions for…