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Baptizing Bitcoin? What Catholics Should Know About Cryptocurrency

Federico ParraAn employee inspects computers used to mine Bitcoins at the mining showroom of the Doctorminer company in Caracas on August 18, 2021. In a Venezuela with ridiculously low electricity costs, mining cryptocurrencies has become a very profitable business, albeit a target for extortion.

Where some see opportunities to protect the integrity of wealth and aid struggling nations, others warn about speculation, predation and instability.