Citadel CEO explains why Ethereum will replace Bitcoin, in ‘next generation’ of crypto – AMBCrypto

Even with market capitalization crossing well over $1.2 trillion, Bitcoin is not everybody’s favorite cryptocurrency.

Continuing his tirade against the top coin, the CEO claimed that Bitcoin is also “a bigger contributor to global warming than any form of payment we use around the world today in aggregate.” According to a recent report by Digiconomist, Bitcoin’s annual carbon footprint amounts to around 90.48 tonnes of CO2.

Keeping the cryptocurrency aversion aside, Griffin’s preference for Ethereum is currently shared by many others in the industry.

Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.

…Read the full story