"We're overdoing it a bit with Bitcoin's energy consumption"
For Émeric de Vigan, Vice President of Kpler's electricity business, bitcoin can play a role in the energy transition if it is used properly.
THE BIG WHALE. What is your position on Bitcoin?
Émeric de Vigan. My opinion is largely biased because I used to work in electricity trading, where the underlying is... physical. The price of electricity is determined by consumption, wind generation, the availability of power stations, and the list goes on. Seen in this light, I don't think Bitcoin has much value. If I were to be a bit provocative, I'd even say that I don't understand why it's not worth zero...
Is its level of energy consumption a problem?