I speculate that the Biden administration will not only restrict ordinary people that do not meet their criteria from buying bitcoin and other cryptocoins, I reckon the bitcoin miners which are registered businesses are also in the list of a government shutdown.

What is the Monero development team’s stance on Asic resistance presently? Will it continue to hard fork to stop Asics?

I might have made a mistake in my support for embracing Asics for Aeon. It is only a small coin and it might not matter, however, giving up on mining with ordinary hardware might be a mistake.



Yellen sounds warning about ‘extremely inefficient’ bitcoin

Yellen said there remain important questions about legitimacy and stability.

“I don’t think that bitcoin … is widely used as a transaction mechanism,” she told CNBC’s Andrew Ross Sorkin at a New York Times DealBook conference. “To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering.”

Source https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html