Biden Administration Targets Bitcoin – Bitcoin Magazine

Biden Administration Targets Bitcoin – Bitcoin Magazine

  • Bitcoin
  • September 21, 2022
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This is an opinion editorial by Robert Hall, a content creator and small business owner.

The White House Office of Science and Technology Policy issued a report warning that mining uses a great amount of energy and demands miners become greener or potentially face the threat of a total ban. As plebs, what can we do to protect Bitcoin from government overreach?

September 8, 2022, should be seen as the day the American government declared war on Bitcoin and its supporters. President Biden and the White House sent shockwaves through the Bitcoin community with an announcement toying with the idea of a potential ban on proof-of-work mining, the very essence of what gives Bitcoin its power.

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