The White House:
The DAME Tax: Making Cryptominers Pay for Costs They Impose on Others
https://www.whitehouse.gov/cea/written-materials/2023/05/02/cost-of-cryptomining-dame-tax/
Discussion
Bring Bitcoin mining back to individual homes. They can't tax everyone.
That's why the Bitcoin miners can turn off. Visa can't turn off, Amazon can't turn off. Refrigerators can't turn off. You're welcome.
So exactly how much energy does the existing banking industry use? I’ll tell you. BTC consumes 114TWh. The banking industry…. 260TWh. More BS from the government. Who would have thought.
White House mentioning Chinese government actions against Bitcoin as an example in order to justify higher taxes on miners.
How did we get here? 🤦🏻