related posts
205 sats \ 2 replies \ @EnormousPony 14 Jul 2022
Damn I kinda don't care. ECB has no power over bitcoin
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25 sats \ 1 reply \ @shyfire 14 Jul 2022
You can't ban Bitcoin. China has already proven this.
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50 sats \ 0 replies \ @EnormousPony 14 Jul 2022
Somehow people forget it
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132 sats \ 2 replies \ @KingZing 14 Jul 2022
ASIC mining sites are such a big visible target for governments.
https://bitcoinmagazine.com/business/mining-industry-makes-bitcoin-vulnerable
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100 sats \ 0 replies \ @CheezeGrater 14 Jul 2022
Good read, but I'm sure in such a scenario some sort of fork would happen.
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0 sats \ 0 replies \ @0391398253 15 Jul 2022
Looks more like a ban to centralization, and no, PoS is not an answers, centralization is way easier with PoS.
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150 sats \ 0 replies \ @kim 14 Jul 2022
They're still using that Alex De Vries FUD from 2016.
It's so debunked; it's almost embarrassing that an institution like the ECB can't do better than these fake calculations and "estimates".
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310 sats \ 2 replies \ @tosky 14 Jul 2022
something has to be blamed if you have collapsed the system for millions of its inhabitants. to hell with ECB
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0 sats \ 1 reply \ @itsrealfake 14 Jul 2022
wouldn't it be funny if the bitcoin miners stopped operation before they were asked to, and then the system collapses anyway?
won't happen, but ya know.
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1 sat \ 0 replies \ @tosky 14 Jul 2022
it would indeed but thank you satoshi for your brilliant idea of 'difficulty adjustment' that makes Bitcoin anti-fragile
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100 sats \ 0 replies \ @FatBear 15 Jul 2022
Reminds me of when the Australian PM said the laws of mathematics don't apply. https://www.newscientist.com/article/2140747-laws-of-mathematics-dont-apply-here-says-australian-pm/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=news&campaign_id=RSS%7CNSNS-news
Protip politicians: you can't change physics
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100 sats \ 0 replies \ @based 14 Jul 2022
EU already solved their mining "problem". Miners are priced out due to other previous poor choices.
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83 sats \ 1 reply \ @Spartan 14 Jul 2022
In due time, everyone who took this angle will be exposed as a short sighted fool. Bitcoin will do more for the environment than any technology that has ever come before it.
Regardless of your viewpoints on climate change, I think everyone can agree that we want to be good stewards of the environment. Nobody in Bitcoin wants to boil the ocean, or destroy the environment. Nobody.
Look no further than projects like Vespene Energy (https://vespene.energy/). If anyone can look at what they are doing, and take the stance that Bitcoin mining is bad for the environment, they cannot be helped. Well intentioned people are being silently programed by fiat misinformation and have lost the ability to see the forest through the trees.
THE BEST TOOL TO FIGHT CLIMATE CHANGE IS BITCOIN.
Not hyperbole, it's just true. Without harnessing human incentives, nothing will be done. Legislation won't do shit. Incentives will, and they will do it without any type of coercion or regulation because that is what incentives do.
Sorry, this just really pisses me off.
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20 sats \ 0 replies \ @tosky 14 Jul 2022
you are right and we know it - others will catch up shortly!
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35 sats \ 0 replies \ @k00b 14 Jul 2022
It's surprising to me that the Fed has more positive (or at least neutral) takes on Bitcoin than the ECB. I don't know much about the ECB, but it makes me think there are different incentives at play for them vs the Fed.
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100 sats \ 0 replies \ @buddylasta 14 Jul 2022
They should give this pod a listen https://fountain.fm/episode/8964139801
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0 sats \ 0 replies \ @0391398253 15 Jul 2022
basically a ban to minning center?, so everyone could buy a ASIC to mine at home?, is that bad?.
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0 sats \ 1 reply \ @selfish_gene 14 Jul 2022
я говорю о том что пришло время игнорирования слов неодекватных людей в том числе и глав ецб
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0 sats \ 0 replies \ @pi 18 Jul 2022
SN needs to add a translate button. 😅
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0 sats \ 0 replies \ @faithandcredit 14 Jul 2022
Maybe if the ECB started worrying less about the climate and more about inflation we wouldnt have all this inflation
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0 sats \ 0 replies \ @djs_btc 14 Jul 2022 freebie
yawwwwwn. Maybe they should be more focused on the EURUSD val