1. Kripto Paraların Çevre Kirliliği, Makroekonomik Göstergeler ve Suç Üzerindeki Etkileri.
- Author
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Kavas, Yusuf Bahadır
- Subjects
- *
CRYPTOCURRENCY mining , *CONSUMPTION (Economics) , *RENEWABLE energy sources , *MONEY laundering , *TERRORISM , *HUMAN trafficking , *CRYPTOCURRENCIES - Abstract
This paper aims to reveal the environmental impacts of cryptocurrencies, their macroeconomic relations, and their elements on crime. It is thought that the energy required for cryptocurrency mining causes more environmental pollution and damages the climate over time; the environmental footprint of cryptocurrencies may reach a dangerous point for the future of the world. It should be considered that different systems that require less energy during mining can be developed, and energy from renewable energy sources can be turned on for the crypto-mining system during hours when public energy consumption is low. In order to reduce the negative effects on economies, cryptocurrencies should be produced with an approach that can be audited, tax loss can be prevented and consumer/investor needs can be addressed. Due to the lack of effective legal regulation by states, cryptocurrencies can be used for money laundering, financing of drug-weapons-human trafficking and terrorist acts. For this reason, it is essential for all countries to quickly establish legal regulations on cryptocurrencies, prohibit black market transactions and regulate the global Bitcoin (BTC) audit. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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