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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.

Papa Figos 1y ago 💬 2

I don't know how you still have the patience to deal with the neverending stream of bullshit from those bureaucrats who think it's their God-given right to tell everyone else how to live, but I am happy that you do.

Very few of us have the patience to deal with that level of ignorance and deceit.

But you are right, if their ignorance goes unchallenged, then more and more bullshit will keep coming, and they won't be happy until the innovation is neatly locked away and declawed in a box they completely control.

Such lack of imagination.

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Discussion

Lyudmyla Kozlovska 1y ago 💬 1

I have to admit and it makes me bullish, that most of politicians are not aware about the importance of #PoW, but once they are able to ask questions and see the arguments they change their minds. It doesn’t mean that they become bitcoiners immediately, but those who care about human rights - stand on our side and support our recommendations for amendments. Also we know and cooperate with those politicians over decade - they know for example how #Kazakhstan and other Central Asia dictators abuse #AML/CFT regulations for transnational repression against their opponents. We speak with politicians with concrete examples, my case including.

This is how we were able to defend PoW during the drafting Markets in Crypto-Assets Regulation (#MiCA) and the same during AML Regulation in the #EU.

In the US #bitcoin is a commodity, in the EU is it a payment instrument in the upcoming AML regulation.

But now we need to explain/educate in the same concept: human rights defenders and deep knowledge of bitcoin miners about PoW.

Lyudmyla Kozlovska 1y ago

The fight on the AML Regulation is also not ended, there are a lot of things to do, especially in the defense of p2p transactions and self-hosted wallets.

But again we succeeded in the EU to expose the need of protection of the data of crypto assets services providers and banks from the abuse of third countries. In the US this debate and work on the new AML package just has started.

aaaaa 1y ago 💬 1

The same way I have the patience to deal with your bullshit.

Lyudmyla Kozlovska 1y ago 💬 1

No one asks you to participate in our discussion if you don’t want to.

Patience is a good quality, but learning and ability to listen other sides opinions before labeling someone with empty statements it is also a very good quality. Imagine that most of politicians would have your attitude towards to #bitcoin or you personally: that is an experience usually activists have in authoritarian regimes.

So if you want to be constructive- bring your arguments and participate in the open, respectful discussion. I managed to resist to 3 dictatorship attacks and smear campaign in more than 20 languages against me and I don’t allow them to silent me or my activists. So I'm more than resistant to your labels and emotions and don’t want you to attack my readers also. But I'm happy to answer if there is rationality in your questions.

aaaaa 1y ago

This account is compromised; don't engage with it: trolls use it to trigger people

Just mute this account