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Pomp tells CNBC there's no need to apologize for Bitcoin's energy use
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Bitcoin influencer and podcaster Anthony “Pomp” Pompliano said that there is no need to “apologize” for Bitcoin’s energy use, because “crucial things in the world use energy.”
He made the comments in a Dec 27 interview on CNBC’s morning news and talk program, “Squawk Box” with Joe Kernen.
During the interview, he claimed that many people are missing “key points” in the “climate argument” against the Bitcoin (BTC) ecosystem, especially in terms of comparisons with fiat currencies like the U.S. dollar:
He added the, “Bitcoin blockchain does not have this same linear relationship with energy consumption, that is because regardless of the number of transactions per block, there is the same energy consumed by each block. As Bitcoin scales, it
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