But the interesting part about all of this is that Biden is taking risks as well with his "all-out assault" on cryptocurrency.
50 million US citizens and voters own cryptocurrency. It is impressive to read that cryptocurrency may no longer be a topic that can be neglected in terms of presidential elections. Who would have thought that in 2010?
Not sure about the exact relevance of "cryptocurrency" to this thread.
I doubt that even close to 50 million Americans know what bitcoin is, even if some of them might own some.
Perhaps there are closer to 10 million American that might have significant exposure to bitcoin, and have some kind of actual clue about what it is and why they own it
Call me a pessimist.
There are nearly 400 million Americans. how many of them are adults? 250 million, perhaps? that's why the article is asserting that 20% of American's claim to have exposure to crypto.. whatever the fuck that is?.. anyone trying to assert that 1/5 Americans know what the fuck bitcoin is, even though maybe 75% of adult Americans have likely heard the word bitcoin.... call me a skeptic in regards to those numbers of supposed exposure to the topic of our discussion in this thread.. aka dee cornz.
Logic is upside down these days.
...It used to be: (pretty much) someone investigating something unlikely for a bit of fun pass time.
Now it is: someone whose views don't align with ours and doesn't believe our lies and is probably right so we must silence them.
What I see is a deliberate suppression out of fear, not in strength.
If you are strong, you don't need to suppress new ideas and technologies.
Something must be up, not sure what, but some incomprehensible tax proposals were also tabled.
I guess the "system" wants to 'eat itself to death"...
Spaceballs vibesI think that you could just summarize everything that you said Biodom as a demonstration/evidence of desperation.
There is only one place a government that wants to tax people's gains at 40% belongs and that is in a locked up dungeon.
Add a possible 30% tax on electricity used for cryptomining..
Biden plans to increase taxes to collect a whopping $5.5 trillion over the next decade.
suppose that 30% on electricity on btc miners will take place ... wouldn't it contribute to bitcoin scarcity due to some miners stop mining...
add this to the recent news of Nuclear plant mining bitcoins in PA and it looks like someone is trying hard to eliminate competitors lol
Maybe there merely is a desire to incentivize miners to move their asses and assets to jurisdictions outside of the Estados Unidos?