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Pivotalcoin’s approach to environmental challenges

The cause for deforestation and degradation of our habitats and environments in developing countries is to a greater existent affected by the rapid population growth which in turn accelerates poverty. Governments of such territories have limited if not no alternative apart from resorting to the more nonconservative exploitation of natural resources like; exhaustive mining, deforestation, and extensive farming which are environmentally unfriendly. This is a layman’s view seems rational, “why conserve and yet perish in poverty and hunger?” since the motive is to provide for their impoverished citizens. Addressing environmental issues may be meaningless without tackling the root cause of poverty and defining it in its own context. Each and every community member has to play his/her role in providing for the society, translating into the governments’ mandate to do so.

In developing countries, economies are so fragile, so as politics, crime rates may be higher, unemployment rates are higher and the opposition parties use that as a fertile ground for getting into power at the same time the ruling governments try by all means to keep themselves by whatever means necessary. This in turn jeopardizes the rule of law and conservation efforts as it puts pressure on the resources. Ultimately governments sacrifice by whatever means necessary by indulging in whatsoever possible methods to save their sovereignty by neglecting the consequences they pose to the environment and its citizens.

The Amazon forest encompasses several countries like Brazil which has a major portion, the Eastern Andean region of Ecuador, Peru, and Venezuela. Would it be rational for Venezuela to prioritize conserving the Amazon forest in its own territory when she is so weak both economically and politically, maybe no, as they are struggling to balance up and have no adequate resources at the moment due to their political crisis? However, higher unemployment rates and poverty levels make the situation worse and conservation efforts become shattered. The case in point is the Amazon forests in the above-mentioned countries and some smaller rain forests which are scattered in Africa and Micronesia the likes of Vanuatu, Fiji, and American Samoa, and Papua New Guinea.

According to savetheamazon.org, rainforests once covered 14% of the earth’s land and now they cover a mere 6%. Experts say the remaining 6% can be consumed in less than 40 years if the current trend continues as it is reported that one to one-half acres are lost every second. The invaluable part forests play in our daily life particularly with the atmosphere, is believed that more than 20% of the world’s oxygen is produced in the Amazon, and carbon dioxide are known for damaging the ozone layer and thus causing global warming is also sequestered by the same rainforest. This rate of destruction eventually implies that more greenhouse gases build up in the atmosphere causing catastrophic climatic changes, like rising sea levels, already we have seen countries like Indonesia and Jamaica, these are severely affected by rising sea levels due to the meltdown of glaciers, floods, tsunamis, increasing numbers of earthquakes, freezing temperatures in warmer countries, veld fires, tropical storms, droughts, etc. The Arctic and Antarctic ice are melting at a relatively fast rate signaling that global climate change knows no boundary and we should join hands to combat this.

The question is how can hybrid cryptocurrencies like Pivotalcoin help to curb climate change? hybrid cryptocurrency can be backed by resources that we already have. This means that anything that we want to treasure and save for the future generation can be a backup for these cryptocurrencies. So this can work well in trying to conserve our environments, as we have seen that the driving force behind the exploitation of resources is to be able to fend for ourselves such that we sustain. So the value in the resources can be evaluated and turned into a cryptosystem and the value in these cryptocurrencies can also serve the same purpose but in a sustainable manner. This would provide great opportunities for the communities as they can coexist in a more healthy relationship with their environment. A crypto-green economy is a way to go for greener and economically sound rainforest communities.

In equilibrium with nature

To be in equilibrium with nature requires us to think and not only for our own good but through an inclusive approach and this may help, as we humans are not the only living species. We share the planet with many more other creatures their voices we have never heard before but they rely on our leniency. However, we have not yet shown this tolerance to an extent. If and only if we could care we could not let the Amazon varnish, let the Arctic and Antarctic ice melt at such a tremendous rate, where is our humanity?