cryptocurrencies

Cryptocurrency mining uses huge amounts of energy, but activists are pushing for a change in its code to reduce its environmental impact.

The latest video from the Conservative Party of Canada leader, shot in front of a makeshift tent city near the Port of Vancouver, might be his most cynical and depraved yet, writes columnist Max Fawcett.

Conservatives' inability to see cryptocurrency flaws speaks to their judgment, their ability to detect bullshit, and their willingness to traffic in unproven ideas, writes columnist Max Fawcett.

Senior federal bureaucrats examined whether cryptocurrencies protect against inflation not long after Opposition Leader Pierre Poilievre made the claim as a candidate in the Conservative leadership race, according to an internal government document.

Canada needs responsible leadership, not dog-whistle and irresponsible politics, Prime Minister Justin Trudeau said on Monday, September 12, 2022, in a direct attack on new Conservative Leader Pierre Poilievre.

The enormous energy demands of Bitcoin mining are prompting some U.S. municipalities to impose moratoriums or outright bans on cryptocurrency facilities. Bitcoin mining activity, critics warn, is leading to electricity price hikes and a revival of dirtier sources of power.

Web3 has the potential to disrupt existing institutions because it can accelerate change more quickly, creating new models rather than working through existing layers of process and governance.

Conservative MP Michelle Rempel Garner says she hopes her bill to help grow the cryptocurrency sector will get Canadian legislators talking about it in a non-polarized way.

Figures behind the protests blockading Parliament Hill and various border crossings are championing new ways to finance their movement — including through their own crypto token — as Ottawa invokes sweeping powers to crack down on their cash flow.

The ever-more massive environmental footprint of cryptocurrencies might be defensible if they served some essential purpose in our lives, but that’s simply not the case, writes columnist Max Fawcett.