They no longer know what to invent to fuck BITCOIN. The last thing that the European Union has devised is already the height of human stupidity.
"The European Union will develop an energy efficiency label for cryptocurrencies like Bitcoin in a bid to rein in the growing electricity consumption of the industry."
(Source)
They intend to label blockchains so that users are aware of those that are more and less polluting, obviously always favoring blockchains that can be manipulated at will, such as ETHEREUM now that it uses a "Proof-of-Stake" consensus. ".
The measure is so abusively stupid that we could compare BITCOIN's footprint with the current financial system and see that the comparison is insulting...
But hey, if this makes them happy, I almost prefer this measure to more drastic ones, so, in general, I see it as positive for BITCOIN considering that they could get even tougher towards it.
This measure only indicates the desperation of the current financial and economic system in the face of the danger of "better money" nipping at their heels.
