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Turkey - a minor economy - was able to crush the price of BTC by 15% with their recent ban. A large economy doing the same could have a major effect on price. E
by ArkanExplorer 5y ago
Turkey - a minor economy - was able to crush the price of BTC by 15% with their recent ban. A large economy doing the same could have a major effect on price. Energy and hardware use is directly aligned with price.
If there are any Governments out there who desire to fight climate change - and it seems like there are a reasonable amount - then illegalising proof-of-work coins seems like a reasonable step at least from an energy use perspective.