Laeserin on Nostr: Yeah, but they probably won't do it before the USA, and Bitcoin is all about ...
Yeah, but they probably won't do it before the USA, and Bitcoin is all about first-mover advantage because the supply is capped. Russia is *cutting* its Bitcoin mining and limiting private use because their ridiculous foreign adventure is soaking up all the energy they produce for the war machine, and China is obsessed with stockpiling analog gold, like a literal retard.
And any country that doesn't look toward America will do whatever China and Russia do, so they're fucked.
EU is responding to the Strategic Bitcoin Reserve rhetoric and the liberalisation of crypto laws by
*checks notes*
pushing forward with Eurocoin and trying to outlaw Bitcoin or tax it into oblivion.
All the facepalms, fr.
Published at
2025-01-28 07:56:50Event JSON
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"content": "Yeah, but they probably won't do it before the USA, and Bitcoin is all about first-mover advantage because the supply is capped. Russia is *cutting* its Bitcoin mining and limiting private use because their ridiculous foreign adventure is soaking up all the energy they produce for the war machine, and China is obsessed with stockpiling analog gold, like a literal retard.\nAnd any country that doesn't look toward America will do whatever China and Russia do, so they're fucked.\n\nEU is responding to the Strategic Bitcoin Reserve rhetoric and the liberalisation of crypto laws by\n\n*checks notes*\n\npushing forward with Eurocoin and trying to outlaw Bitcoin or tax it into oblivion.\n\nAll the facepalms, fr.",
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