May 25 - We are happy to share that Max Song, Co-Founder of Sustainable Bitcoin Standard, was invited to join a panel of "Why the Future of Mining is Green" at the 2021 Consensus Conference hosted by Coindesk. Max shared the necessity of pursuing a market-based initiative for green mining in order to address institutional and societal concerns around climate change. Despite the attractiveness of Bitcoin as a deflationary asset class offering protection from inflation, the digital asset has faced numerous challenges in the last few days, from Elon Musk, and other prominent stakeholders who have articulated deep concerns around the environmental footprint of BTC>
Max articulated the designs of a REC-inspired "Sustainable Bitcoin Certificate" model, that can preserve the intrinsic fungibility of Bitcoin while also givign reassurance to ESG-minded institutional investors of the carbon-neutrality of their digital asset holdings.
Other panelists included @Peter Wall, CEO of Argo Blockchain and moderator of the panel, @Jesse Morris of EnergyWeb/@CryptoClimateAccord, and Sheldon Bennett, CEO of DMG Blockchain Solutions.