Dan Morris on Nostr: or maybe stop deregulating and providing legal protection to massively wealthy ...
or maybe stop deregulating and providing legal protection to massively wealthy corporations?
The regulations can easily be made to provide a nice life for the people in the neighborhood, and if it's too costly for Bitcoin miners, then they will leave on their own. It's already barely profitable to do it and with Texas' grid failing, they're already in trouble.
(note: I think Bitcoin is terrible, it's like strip mining for your coal power plant. Using Venmo or PayPal is also using a form of crypto, and many other payment tools use various forms of crypt, but those are more environmentally friendly than cash or even a credit card transaction. Banning those would be a negative environmentally.)
The regulations can easily be made to provide a nice life for the people in the neighborhood, and if it's too costly for Bitcoin miners, then they will leave on their own. It's already barely profitable to do it and with Texas' grid failing, they're already in trouble.
(note: I think Bitcoin is terrible, it's like strip mining for your coal power plant. Using Venmo or PayPal is also using a form of crypto, and many other payment tools use various forms of crypt, but those are more environmentally friendly than cash or even a credit card transaction. Banning those would be a negative environmentally.)