This is interesting and quite possibly authentic for a number of reasons, but first let's see what the content exactly was. The minutes of EU officials included phrases such as "If ethereum is able to shift, we could legitimately request the same from bitcoin". This was of course referring to ETH's recent/ongoing switch from PoW to PoS. Something that IMO should be approached with caution till it has proved itself by passing the test of time, which we all remember all too well the original ETH failed at one point. The consequent major shift that followed and effectively split ETH up into ETC and ETH is where they actually found their stability and durability. Who knows what possible and unforeseen complications this current step will bring. Anyways back to the EU buffoons "We need to protect other crypto coins that are sustainable. Don’t see the need to protect the bitcoin community". Yeah, cause as we all know by now, when Bitcoin crashes, other cryptos flourish🤡. One official asked about the people that are invested in Bitcoin and what would become of them"How would the disappearance of bitcoin affect consumers"? The answer: "Participants in bitcoin are fully aware of the volatility of the currency/investment risk." Yeah, but not market manipulation of some cryptos in favor of others by the ****** state and officials we never elected!
A complete ban on Bitcoin trading (yup there it is) was discussed as well, the talks on that were not disclosed/censored under the pretext that it was an "ongoing decision-making process". I guess it means they are still trying to find out that it's not possible and looking for the next best thing. That next best thing might shock you, but it actually shouldn't as some have already started implementing this on several sites/cryptos already: Taxes. The article then goes on to argue the environmental impacts of EU's Bitcoin price manipulation, concluding that a ban on bitcoin mining or trading is unlikely to have an affect on bitcoin's energy consumption and that taxes on Bitcoin transactions or trades were the answer to that: "with economist Alex de Vries telling Netzpolitik that targeting the bitcoin price is the only thing likely to bring down bitcoin's carbon footprint. According to De Vries, policymakers would have to tax transactions or restrict the trading of certain cryptocurrencies." Hmmmm, Alex de Vries? that name rang awfully familiar to me and I was sure there was something dubious I covered once before involving him. After a little bit of research, behold.
Now why is this laughable and quite revolting on a geo-political level? Because this is the same continent/union where nations are the only ones on planet earth that are re-starting old coal plants and mines, and importing the worst possible gas that even has to come in on tankers all the way from across the Atlantic which is destroying land in North-America, polluting the oceans in the Northern-Atlantic and all that before anyone can pollute the world by actually using the gas itself🤯. Yes read that again, that psychotic sequence is what's actually happening right now and either supported or flat out ignored by our beloved greenies. Forgive me if I don't take a single word these people say seriously, there is absolutely an issue with pollution and our environment that needs to be addresses, but these people, these fake environmentalist and bias politicians who are all filling their own pockets while preaching "the environment" to us, they are the core part of that problem, not our saviors that'll offer any real solution. I mean, just look at their incoherent ramblings, it's like listening to schizo patient: "Crypto is bad, it cause more coal and fracking y'all, we need to ban it. Biden I'm deeply disappointed in you expand oil and gas extractions, I do however support you in making Europe less energy dependent on Russia, you are a team of climate superstars, let's just change Bitocin's code and save our planet. GoGreen y'all".
No, these people aren't the answer to anything and their delusional-level thinking won't solve a single real world problem. In the words of Einstein himself: "we cannot solve our problems with the same thinking we used that created them".
I for one stand with these Bitcoiners right here
