Post
Topic
Board Bitcoin Discussion
Re: Do You Think Bitcoin Mining Will Be Banned Due to Fears of Climate Change?
by
Pmalek
on 22/10/2022, 16:05:29 UTC
this kind of their Attack has always been happening without any further consequence on bitcoin network, bitcoin is environmentally friendly and they themselves know that...
Since when does the truth matter in circles that decide the course of action? If you have mass-media behind your back, powerful organizations, financiers, and politics, the truth can be bent to achieve a certain goal. Imagine trying to force the world's population to mass-inject a "cure" or "symptom reducer", for healthy people, lock them up in their homes, and prevent them to work and live freely? Now that would be crazy. But wait, why does that sound familiar and something that worked? 

No, bitcoin mining cannot be banned and i they succeded then it's a way forward to quickly implement the use of renewable energy source allover...
But it's not a question about banning the use of dirty energy in mining and having mining firms switch to renewable energy. It's about banning mining altogether, no matter if the energy is clean or not. If something is banned/illegal, you can't transition to a different source. You might not get caught if you, that doesn't mean you are in the right in their eyes.

The latest report from Bitcoin Mining Council does not support governments.
Like I said earlier, do voices and reports like the one you linked to get enough coverage on controlled media, are they considered in parliaments and senates, will they in the end be reasons why anti-bitcoin agenda will lose?

Yes the Bitcoin mining requires high amount of electricity but its not that high comparing with the entire banking system, infrastructure, servers required for processing
There are banks in the United States that can't go bankrupt ever no matter what they do. They worked out directives that make them essential and irreplaceable to the economy. If they become responsible for billions and trillions of dollars of debt and losses, they will be bailed out and the debts will be paid back by the American people. But if the regular Jos operates a business, goes into debt, and has to file bankruptcy, he won't be bailed out because the future of himself or his family isn't that important.