Post
Topic
Board Bitcoin Discussion
Re: Bitcoin mining ban in Europe
by
Wind_FURY
on 22/10/2022, 05:17:56 UTC
https://www.coindesk.com/policy/2022/10/18/eu-countries-must-be-ready-to-block-crypto-mining-commission-says/
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
"The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.
Europe represents 10% of global proof-of-work mining"

Can this affect the price of bitcoin or is this another anti-mining statement?


I have been one of the most optimistic people about Bitcoin, and its possibilies of changing the political landscape, but THAT might be a real problem if we also consider the negative effects on inflation caused by their own policies, and the Russo-Ukraine war.

I believe there must be a lobby against it, but the debate behind it will be weak, with winter coming and the further stress it will cause on the power grids.