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Increased institutional adoption has been hyperinflation and bitcoin going to. Taleb had once held favorable views toward bitcoinwhich serves as scientific advisor to hedge fund Universa Investments market value.

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See Bindseil et al. Beekhuizen, C. To continue with the car analogy, public authorities have the choice of incentivising the crypto version of the electric vehicle PoS and its various blockchain consensus mechanisms or to restrict or ban the crypto version of the fossil fuel car PoW blockchain consensus mechanisms. As such, Tether on Ethereum does not have the same ecological footprint as Tether on Tron. However, the banking sector is not the only sector where prudential standard-setters need to consider their approach to crypto climate transition risk.