US multinational financial services corporation American Express (AMEX) has appeared to join the traditional finance entities publicly criticizing cryptocurrency. Energy Usage: Fact Or FUD? As social media users noted October 15, the company recently “promoted” a post by Bloomberg’s TicToc Twitter-based news portal which claimed the cryptocurrency industry “is using more energy than all the world’s electric vehicles.” Beneath the post, which consists of a 100-second video with various figures purporting to compare Bitcoin transactionsRead MoreThe post Did American Express Get Caught Spreading ‘Anti-Crypto Propaganda’? appeared first on Bitcoinist.com.
