Biden Administration Targets Bitcoin – Bitcoin Journal

Biden Administration Targets Bitcoin – Bitcoin Journal

That is an opinion editorial by Robert Corridor, content material creator and small enterprise proprietor.

The White Home Workplace of Science and Know-how Coverage issued a report warning that mining makes use of lots of power and requires miners to go greener or probably face the specter of an outright ban. As commoners, what can we do to guard Bitcoin from authorities overreach?

September 8, 2022 ought to be seen because the day the US authorities declared struggle on Bitcoin and its supporters. President Biden and the White Home shocked the Bitcoin neighborhood with an announcement that toyed with the thought of ​​a doable ban on proof-of-work mining, the very essence of what offers Bitcoin energy.

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