Gangster Banksters are aligning with POS as the best CBDC candidate. As Senator Solstin I will fight every CBDC effort…dystopian slave money. Only #Bitcoin is sufficiently decentralized.

https://www.forbes.com/sites/jasonbrett/2022/05/18/top-regulator-argues-bitcoins-energy-use-outweighs-economic-benefits-seeks-public-disclosures

The Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam, when asked about digital assets in the context of environmental sustainability, said there is a “...clear dislocation between the usage and generation that’s needed to mine these coins and the sort of economic output that we’re seeing from digital assets themselves. That may rebalance over time, but right now it’s clearly skewed.”

The CFTC Chair made these focused comments on the energy usage of Bitcoin after describing how his agency would host the first-ever ‘Voluntary Carbon Markets Convening’ on June 2nd.

You may be familiar with these terms ‘proof-of-work’ vs. ‘proof-of-stake’ and these are just methods of mining coins...proof-of-work becomes a lot more energy intensive than proof-of-stake and a lot of these coders are starting to work toward proof of stake,” said Behnam.

Behnam suggested the idea of providing disclosures when purchasing digital assets showing how much energy each of the coins used as a way of pushing the digital asset industry to proof-of-stake. Behnam stated his belief that these disclosures would create, “...incentives or disincentives for users whether it is the end user who purchases the coin or the trading platform that facilitates the buying or selling of the coin to make clear the information that’s needed for the end user to understand what computing power, what energy usage is being used in order to produce and mine that coin...to make that market shift to a more proof-of-stake functionality or other functionalities that will reduce that energy consumption.”

“Proof-of-work is fundamental to the security of the bitcoin network,” said [Jason] Williams. “When we have solar-powered tanks I’ll be happy to opine on this but until then, stop moralizing power.”

Behnam did not indicate whether his agency would formally explore the notion of requiring disclosures on energy use of digital assets.