You're listening to Shortwave.

From NPR.

Aaron Scott, have you or a loved one ever been confused by the concept of cryptocurrencies,

NFTs, and or Bitcoin?

My and a crypto commercial here, Shortwave Producer Eva Tess Vi.

Just play along, Eric.

Well then, yes Eva, I find everything about blockchain technology bewildering.

I see.

Seriously though.

Sometimes it seems like the more I read about crypto and blockchain, the less sense it

makes.

Same.

One thing I've read about it is that crypto has a large impact on the environment.

But I never really understood exactly how, but lately there's been a lot of action taken

on it.

Some countries are cracking down on cryptocurrencies, in part because of its environmental toll.

Let's get back to China's increasing crackdown on crypto.

It looks like they've gone absolute.

And a bill in New York State would put a moratorium on something called crypto mining,

which is a concept that's really important to this discussion.

The mining ban is back.

It failed in the last session.

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