The Biden administration wants to slap a 30% tax on electricity used for Bitcoin mining and double the capital gains tax to 40%.
The State hates Bitcoin & it hates you.
Gonna drive out the mining business if this gets passed. Won't get passed.
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Whether it does or not, it won’t make much of a difference for Bitcoin 😌
It won't stop it if that's what you mean, might slow it down for the US though. 0 chance it passes, this is a charade.
