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Pomp tells CNBC there’s no need to apologize for Bitcoin’s energy use -Breaking

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© Reuters.

influencer and podcaster Anthony “Pomp” Pompliano said that there is no need to “apologize” for Bitcoin’s energy use, because “crucial things in the world use energy.”

He made the comments in a Dec 27 interview on CNBC’s morning news and talk program, “Squawk Box” with Joe Kernen.

Bitcoin consumes 8X as much energy than Google (NASDAQ.) or Facebook (NASDAQ.)