Post
Topic
Board Bitcoin Discussion
Re: "Behind closed doors, EU officials talk about banning Bitcoin"
by
teosanru
on 21/04/2022, 18:45:16 UTC
You know the drill — waste of energy etc etc nothing new. Just thought I'd post this here because of this specific quote:

Quote
"If Ethereum is able to shift, we could legitimately request the same from BTC. We need to “protect” other crypto coins that are sustainable. Don’t see need to “protect” the bitcoin community."

Just something to laugh at.

Source: https://netzpolitik.org/2022/climate-measures-behind-closed-doors-eu-officials-talk-about-banning-bitcoin/
I don't know how true this news is but obviously this is going to come one day, governments want some excuse or the other to close Cryptos, they know to maintain financial autonomy with them they need to keep a check on completely decentralised Cryptos and there is nothing more decentralised as bitcoin if they would ban it eventually the rest of the market is won't be able to flourish back for a long time too. Otherwise we all know the net carbon footprint of bitcoins isn't much different than that of the fiat and banking system.