NORWAY IS GOING TO BAN BITCOIN MINING WITHOUT PUBLIC CONSULTATIONS -
WE NEED TO ACT NOW
Norway's Ministry of Digitalisation and Public Administration responded to @ODFoundation that it "has no plans to conduct a public consultation" on a ban on cryptocurrency mining.
There is no doubt that the ban designed to target #Bitcoin mining. Unfortunately, that's a stance of the @Stortinget and the Norwegian government.
https://t.co/L2HHm9xELg
🔴 Why we should protect our #freedomtech Bitcoin in #Norway NOW:
(1) Norway is fully integrated in the European Single Market throught the European Economic Area (EEA) and Schengen Agreement. It means Norway can provide its legilsative approach as an input for new legislation for the EU/EEA both:
- during the preparatory phase, when the @EU_Commission is developing proposals;
- during work of expert groups and committees of the European Commission;
- submitting proposals and comments to European Free Trade Association on upcoming legislation.
(2) As a co-founder of the @OECD , Norway sets an example of regulation worldwide and provides its legislative recommedations for global standards.
(3) Norway has historically been a place to meet, share experiences and educate human rights defenders and bitcoiners from around the world.
Norwegian goverment will present its investigation a ban on cryptocurrency mining by the end od 2024.
🔴 What we should do together to prevent Bitcoin mining ban:
(1) Repost this post and join our #BTC Coalition to educate local communities and media about social benefits of Bitcoin mining in Norway and worldwide;
(2) Help us pool resources and best practices to convince Norwegian politicians and media to explore the social benefits of Bitcoin to prevent this repressive regulation;
(3) If you are a Norwegian citizen: write a letter to your legislator and government asking for public consultation and providing arguments about the social benefits of Bitcoin mining for Norway.
🧡
In June, @cameron and I were invited to a crypto round table in DC with the White House in attendance. Two weeks later, we were disinvited because we publicly endorsed @realDonaldTrump. The Biden-Harris Administration did not want us there and refused to attend the event if we were present. While this is totally their choice, it perfectly captures this Administration’s unwillingness to sincerely engage with our industry beyond paying lip service. If you are truly looking to engage with our industry — after waging war on it for the past 4 years — and understand its points of view in earnest, then certainly you would want to hear from and welcome the most vocal and critical voices, the people who have been most negatively impacted by your policies, even if their minds are made up. That is how you get real signal and perspective for self-reflection.
Disinviting your critics from a round table discussion because they support an opposing candidate (who by the way promised in no uncertain terms to end your war on crypto) is exactly the kind of behavior that makes crypto partisan. Not only is this behavior petty, it’s fake engagement that only serves to create a meaningless echo chamber. But it also begs a deeper question. Who exactly from the White House disinvited us from this round table? President Biden? Doubtful. He didn’t even show up. Was he even aware that this round table was being convened and happening? Again, doubtful given all that we now know and have seen. So, who exactly is in charge here? Is it the same people who one week say that President Biden is “sharp as a tack” and the next week sideline him? Who are these people and how can we look them in the eye and get assurances that the next 4 years will be different? I’d love to know.
The Biden-Harris Administration had an opportunity to try and reset the relationship with the crypto industry this week. In direct contrast to how we all have been stonewalled and disinvited the last 4 years, and despite an infinite number of reasons not to, the @TheBitcoinConf graciously and magnanimously extended an invitation to @KamalaHarris to speak to and engage with our industry in Nashville this weekend. That’s an olive branch of real engagement. Harris declined. Which of course is no engagement at all. But to her defense, did she really? Maybe she wanted to speak but the same people who installed her a week ago would not let her. We don’t really know, and that’s the problem. The only way to solve for this confusion and broken trust is for whoever is in charge to demonstrate real concrete action before November.
Demanding that Harris, or whoever calls the shots, take action before November is the most non-partisan position of all. As an industry, we should be completely aligned on this. We should demand to know, among other things, who the next chair of the @SECGov is before we head to the ballot box. This is table stakes, and this is how you make crypto bipartisan. No more guessing. No more hoping. No more surprises. Our industry should not tolerate any possibility of a repeat of the last 4 years. We need to see tangible change and a proof of commitment to treating our industry fairly and dealing with it in good faith going forward.
My hope is that in the not-too-distant future there are no politicians at any Bitcoin or crypto conferences. Not because they are not welcome, but because crypto is so universally accepted that it is no longer a campaign issue and therefore would be a waste of their time. Like going to a conference on whether or not email or the Internet should be legal or allowed.
I’d like to get back to building full-time and I know all of you would too. In order to do this, we, as an industry, must demand that both parties embrace our industry, treat it fairly, and do everything in their power to ensure that America is the best home in the world for crypto. The Biden-Harris Administration has 4 years of terror to unwind and only 101 days before November to do it. The ball is in their court.
The Formula 1 calendar is a logistical nightmare:
• 23 races
• 20 countries
• 5 continents
• 240 hours of flights
• 10 different time zones
Teams spend over $100 million — traveling 75,000 miles and transporting 1,500 tons of equipment.
Here's how they do it:
Here's the 30 second summary of the FTX drama that is blowing up in crypto.
1/ How FTX (a multi billion dollar co) almost died overnight
2/ And why this is a god tier strategic move by @cz_binance
Evidence that French company Thales contravened sanctions and sold weapons to Russia. Those weapons were later used by the Russian army to murder Ukrainian civilians.
Just finished this small symbolic canvas of the mighty An-225 over Kyiv, turning towards clearer skies in the west. The original is up for auction on ebay, all proceeds to Ukrainian Refugee support here in Poland. Title, 'Dreams Never Die' https://t.co/mr6GkZzO1e
(1) Short recap - Mariupol is a large port city in the east of Ukraine. It is situated in the Donetsk Oblast but with the expection of a short moment of russian control back in early 2014, it has always been controlled by Ukraine forces. Despite what the russians want to claim>>
No matter what is thrown at us our spirits remain high inside the mariupol encirclement, when the guns stopped for a short while one of our marines played this on the piano. The video shows you our spirits remain strong
Everyone wants Putin to die. Until this happens, we give Ukrainians and the whole world a unique opportunity: to send Putin to Jupiter. Donate $2.99 for a rocket. All funds will be directed to the restoration of the destroyed infrastructure! https://t.co/rgovgICteq
If True this would make sense and explain some of the reports we have been receiving about Russian Forces refusing to go ahead with Operations due to a Multitude of Factors.
Crypto community continue to support Ukraine. I am grateful to @gavofyork, who made an impressive donation of $5M from @Polkadot $DOT. This will certainly contribute to the Ukrainian victory as well as support civil people. We will win — the best people with us.
BREAKING: Russian MoD calls on residents in #Kyiv to stay away from the building of technology facility of the SBU. #Russia will strike it to "prevent information attacks against Russia".
Morning thought: CBs know they can't hike rates without pricking the debt bouble, but they can't be seen doing nothing in the face of high inflation unless there is a crisis. Hence, they'll prick the bouble first, and then turn 180 and slam rates back to 0 🤔🥴
Today was our official launch of Bitcoin Jungle in Dominical, Costa Rica at our organic farmer’s market. We onboarded at least 60% of vendors, and dozens of customers. Physically exhausting yet emotionally rewarding. Thanks @lightning and @GaloyMoney! #bitcoin#LightningNetwork
PeerSwap. A method for doing onchain swap with your peers. This condo improve dramatically liquidity on the lightning network @Blockstream@AdoptingBTC#adopt21 by @wtogami
Lol, @Vattenfall_Se, Sweden’s own *state-owned* power company (Sweden’s absolutely largest fossil-free energy producer) just completely rejected the notion—put forth by our financial regulator and environmental protection agency 2 days ago—of bitcoin mining’s wastefulness.
In terms of the structural US trade deficit, it's often said that the US exports paper to get real goods. We give the rest of the world dollars, and they give us commodities, consumer goods, etc.
Of helpings, peers! Email me at [email protected] to get started! All you have to do is be better than me in finding print shops and distro centers all around the world and closing deals with them. I will lay it all out for you. Position will be filled immediately.