It is sad that EU regulators and public opinion are listening to #Greenpeace. This should be exposed properly.

If you are a #Bitcoin miner, don’t abandon this propaganda. Help us, end-users and human rights activists to defend bitcoin on the ongoing attack on PoW in the #EU.

One of the goals of the EU bodies, particularly the European Central Bank (#ECB), for such an approach is to use “a policy tool that disincentivises investing in such assets from the outset and prevents the build-up of transition risk through crypto-assets in the banking system” until 2025.

As end-users of Bitcoin for fundraising and payment instruments, Open Dialogue Foundation concerns that such a policy would directly affect both us and the Bitcoin industry, which services we and other activists use. Especially because the European Commission wants to “collaborate internationally with different standardisation bodies to develop the energy-efficiency label” for PoW:

“States shall implement targeted and proportionate measures to lower, and must be ready to stop, the electricity consumption of crypto-asset miners, in line with the proposed Council Regulation on an emergency intervention to address high energy prices.”

We need to do educational advocacy - over 200 face to face meetings with MPs and regulators so they can learn and ask questions from bitcoin miners they never ask in public. Just as we did thanks to nostr:npub1kp7jzme0qs3wcqjjmkq6v5fm359sclhc22glhadgtmerlr0h37nsn8487l nostr:npub1hyqrsvl6hle8r5rc9cpshesm0mpcee75tgde4p5lhke5h83dyqqqdwk7cp and nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m last years with #MiCA and #AML Regulations.

We need to be able to defend our rights to use Bitcoin in a legal way. So far it seems that the fight in the EU for Bitcoin is more important for activists than for bitcoiners, because everyone is excited about Bitcoin ETFs in the US, or believes that the market will solve the problem in the EU/move to other jurisdictions, or just doesn't believe in engaging with politicians to educate them. 😔

And I understand and respect all of that arguments, but we as human rights defenders have no place to move and we operate there, in the EU. 🙏

We need your support.

Now, before it is too late.

The neat thing about bitcoin is that you can still use it when they make it illegal. That's literally the whole point.

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Discussion

Yes and no. I don’t and partly can’t operate in a grey zone for security reasons as human rights defender.

My security is provided by the EU state, which at least defends me from the physical/political attacks of dictators or their proxies.

We also need scalability of the use of bitcoin - access in the apple or google stores on mobile phones of activists in the authoritarian states.

We need our donors - ordinary private people not to be afraid to associate with us because of the use of “dangerous for environment technology” as it says in the mainstream narrative now or even worse- after labeling that way after the adoption of the regulation in favor for the proposal of the European Central Bank.

The same unfortunately with EU policymakers: we need their support to defend political prisoners in the authoritarian countries - we don’t have other mechanisms. So we have to win/change their minds.

The good news - we can do it and we did it in the past many times. We just need to have support from bitcoin miners.

The EU is not going to support a technology that defunds it. Bitcoin is an existential threat to institutions like the EU that are funded by a money printer. It doesn't matter what we say, at the end of the day that logic is inescapable, and they know it.

Let’s don’t live in our perceptions but meet reality: I was asked dozens of times just to show what is #bitcoin and “to show bitcoin”. They also shocked learning how easy banking data of the EU/US citizens can be weaponized just by the simple request from the dictator. So we need to educate them and show alternative.

Activists succeed to defend encryption and defending it with every attack. The same we should do with #bitcoin.

There are bad actors and good actors as everywhere. You can’t convince bad actors but you can and should use your right, your privilege to execute what you want from the elected by you legislators and appointed on your taxes regulators - you are citizen most probably of the democratic country, no?