Re:Fiat is Effective: fiat for the crypto crowd [pdf]
by nwah1 on Monday October 16, 2017 @05:11PM
(#15486679)
Gold mining is ecologically destructive, but varies based on the form. When gold becomes absurdly expensive, as would happen under a renewed gold standard, it would be very likely that the proposals to mine the sea floor would be pursued, and could have major ecological damage. As for carbon footprint, specifically, I don't know.
Thankfully, USD is not based on gold at all.
Out of curiosity, what's the carbon footprint of bitcoin mining as compared to gold mining (and then parking the gold in a depository vault)?