The dark side of Bitcoin’s meteoric rise | Business and Economy News

Bitcoin may be making some investors rich — at least for now.

Bitcoin is having a moment. The cryptocurrency broke through its own record this past weekend with each Bitcoin valued at over $60,000. That is more than two times Bitcoin’s value at the start of the year. If FOMO is getting the best of you, consider this: Bitcoin may be making some investors fabulously rich, right now at least, but at what cost to people, and the planet?

In this episode:

Ben Piven, a journalist who covers economics and the environment for Al Jazeera

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The team:

Amy Walters produced this episode with Priyanka Tilve, Negin Owliaei, Dina Kesbeh, Alexandra Locke, Ney Alvarez and Malika Bilal.

Alex Roldan is The Take’s sound designer. Tim St Clair mixed this episode. Natalia Aldana is the engagement producer. Stacey Samuel is The Take’s executive producer.