Post
Topic
Board Development & Technical Discussion
Merits 6 from 5 users
Re: [Megathread] The long-known PoW vs. PoS debate
by
pooya87
on 15/03/2022, 05:56:37 UTC
⭐ Merited by Welsh (2) ,n0nce (1) ,ETFbitcoin (1) ,JayJuanGee (1) ,philipma1957 (1)
this is a dark point in the history for crypto people. Energy isn't free and Bitcoin uses lots of it. and we are playing Russian roulette because bills like MiCA will keep coming and oneday one will pass and it would be too late.
No offense but your post is very naive.

For starters the point of bitcoin was to create a decentralized, censorship resistant currency. If such bills in such a small part of the world were to be able to stop bitcoin, that would have meant bitcoin's failure regardless of its mining protocol.

Secondly you think the issue that EU has with bitcoin is energy related. It is not, not even a little bit. They are using it because the FUD works and it is easier to make people believe that than telling them they hate bitcoin. Their issue with bitcoin is a decentralized related one. To put simply, they can't control bitcoin so they want to ban it. It has been like this ever since bitcoin started gaining traction.