paradox606 on Nostr: The projection of power is absolute, and grounded in objective reality. The ...
The projection of power is absolute, and grounded in objective reality. The technology is already pervasive and not siloed within US companies. There is no meaningful scheduling they could do at this point to prevent the creation or possession of miners. The only thing such legislation would cause is a hollowing out of the US marketshare of hashpower. That would effectively destroy what's left of the United States in a few years time. This is the "hubris" Lowery talks about, and goes into detail on particularly in the discussion during the Q&A at the end of Massachusetts Bitcoin conference talk he gave back on January 12th.
https://rumble.com/v287q9s-the-most-peaceful-form-of-power-projection-bitwatts-by-jason-lowery-massado.html
I understand your concern but frankly it is nearly as myopic as the "muh blackout" argument against Bitcoin.
I've spent decades in the sector and I frankly see no possibility of such a move being actionable.
https://rumble.com/v287q9s-the-most-peaceful-form-of-power-projection-bitwatts-by-jason-lowery-massado.html
I understand your concern but frankly it is nearly as myopic as the "muh blackout" argument against Bitcoin.
I've spent decades in the sector and I frankly see no possibility of such a move being actionable.