US gov to Bitcoin miners: "we want to know how much energy you're using because of the environmental impact"
US gov inside baseball: we want to know how much energy they're using so we can calculate tax revenues
[Context: the US is proposing a 30% tax on energy used by miners, whether on grid or off-grid/self generating 🤯]
Fuck their tax, they can just print it. Lay off the miners
It's comical how much they act like gangsters. It's just an attempted shakedown. Aka politics.
What they're saying is pay me protection money in the form of campaign contributions and nepotism. Or I'll machine gun your business lol.
The problem for them is that #Bitcoin doesn't need their protection or any nation state lol..🤧😂🤣🧡😊
It’s not clear they have authority for such an excise tax.
miner still use state provided electricity??
Would this actually be a great thing for humanity? China and USA banning themselves from Bitcoin would be a huge decentralization of power
I like the idea of mined sats flowing to resource poor countries
Bitcoin is fixing the world, and they want to slow that down? Hello?
