Europe 🇪🇺 missed it...again.. they're too busy debating and voting for carbon emissions laws 🤷♂️
Discussion
Rekt...again. They'll never learn
Why are Europeans so stupid?
Well.. maybe not on everything, I tend to agree with the ban on hazardous additives in food. But as far as the economy and development are concerned, it's terrible, they're afraid to take risks and innovate.
Well, maybe it’s not simple as you think? 🤔
Most of the hashrate of my Czech guys is not even in Europe bcs they moving forward the cheapest electricity like is in Texas, Paraguay etc.
So if you want to be best in this map, just have cheap electricity 🤷♂️
But the problem of expensive electricity is also the cause of laws in the European Union to avoid too much competition between member countries, so they tend to align to the same prices, and only raise them. Plus In France, around 1/3 of the bill is made up of taxes.
Energy is taxed hard all over europe. In some cases what you buy is the taxes together with some energy you actually wanted. Europeans are really stupid, because they work to give ~70% of what they earn to the state (income tax around 50%, VAT + consumption taxes over 20%) so that they don't have to "pay for stuff" and get it "for free" 🤷🏻.
