Damus
Rachel · 1w
This is a great story. Bitcoin will conquer Europe first as an solution to our energy problems. And only then as a solution to our money problems. The pain is great enough with the first problem,...
lifeisjustreplication profile picture
Depends a LOT upon regulation by EU and states, if this can take off soon.

Would be hardly surprising if EU commission/parliament were to shoot Bitcoin mining as demand response mechanism in the foot by ruling the same old: "Bitcoin is nonproductive waste of energy and harmful to the environment, therefore it's not a legit technology.".

IMO the grid stability pain will have to get MUCH worse than it is now for politicians to reconsider their opinion.
lifeisjustreplication · 1w
The EU is probably going to push _AI_ for demand response / grid stabilisation instead of Bitcoin 🤷‍♂️ See here: nostr:nevent1qqs9qumvj7g0h7qdt4gv8kq4wqtssyug2npjlswemlz9ks436t5rhcsppemhxue69uhkummn9ekx7mp0qgsxwjjcj6f74pryk7lja2mj49g96vsf6gdl0ql6p3cqjk9yfgu82vsrqsqqqqqpwvgqwx