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The Graphic Truth: Crypto-mining sucks up lots of power

As the price of Bitcoin has skyrocketed in recent months, so has the amount of energy that procuring it hogs. Research shows that Bitcoin "mining" now uses 80 percent more energy than at the start of 2020. Billionaire philanthropist Bill Gates recently sounded the alarm on crypto, saying that he would not invest in Bitcoin because mining for the digital currency requires huge amounts of energy, much of which is powered by fossil fuels that harm the environment. So where does Bitcoin rank in electricity consumption compared to nations?

Cryptocurrency going mainstream but EU & US regulators face challenges

Marietje Schaake, International Policy Director at Stanford's Cyber Policy Center, Eurasia Group senior advisor and former MEP, discusses trends in big tech, privacy protection and cyberspace:

Has cryptocurrency finally gone mainstream?

Well, it certainly looks like that because after some people had invested in bitcoins out of curiosity or the quiet hope to make a fortune, now the EU and the European Central Bank are considering a digital euro. And this week, Visa announced that it would accept crypto coins, too. So those developments may help facilitate trust in an area that is also known to be a safe haven for criminal money.

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What can governments do about cryptocurrency?

Visa announced on Monday it'll be the first major electronic payments platform to accept some cryptocurrency to settle transactions on its network. The move is the latest sign of growing trust in such virtual currencies by mainstream financial institutions worldwide — and a development that presents big challenges for governments around the world.

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How Contact Tracing Apps Work; Trading Bitcoin & Digital Currency

What will digital contact tracing apps look like and how will they work?

Well, the basic idea is that if you opt in to one of these apps, your phone will use Bluetooth, it will scan, look for other devices that are also being used by people who have opted in. If one of you test positive for coronavirus, the other will get a notification and can then take corrective action. There are a lot of different ways these are being built, but that's the idea.

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Money in 60 Seconds: Tariffs, Bitcoin, and Brexit

Markets hate uncertainty and tariffs and Brexit aren't helping.

It's Money in 60 Seconds with Sallie Krawcheck!

And go deeper on topics like cybersecurity and artificial intelligence at Microsoft on The Issues.

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