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Bitcoin ban in Germany??? English Text below...
A bombshell in Berlin: As several government insiders confirmed today, the party leaders have surprisingly agreed on a complete Bitcoin ban in Germany during the ongoing coalition negotiations. The decision is seen as a concession to the fiscal and environmental demands of individual parties. "Yes, it has indeed been decided. Bitcoin and all related cryptocurrencies should be banned by the end of the year at the latest," said a well-informed insider. Climate goals in focus Negotiators cited the "devastating consequences" for the climate and the environment as the main reason. "The enormous electricity consumption of the Bitcoin network clearly contradicts our ambitious climate goals," explained a spokesperson. "We no longer want to waste green electricity on pointless computing operations, but rather advance the energy transition." Crisis of cryptocurrencies has long been rife, particularly from environmental policy experts. A high-ranking representative of the negotiating parties emphasized: "Bitcoin is an energy trap that we simply cannot afford in light of climate change." Uncertainty on social media The news spread like wildfire on social media within minutes, causing shock and confusion. While some crypto investors immediately tried to move their digital assets abroad or to anonymous accounts, others spoke of deliberate scaremongering. submitted by /u/HorseExpensive2195 [link] [comments]
| | A bombshell in Berlin: As several government insiders confirmed today, the party leaders have surprisingly agreed on a complete Bitcoin ban in Germany during the ongoing coalition negotiations. The decision is seen as a concession to the fiscal and environmental demands of individual parties. "Yes, it has indeed been decided. Bitcoin and all related cryptocurrencies should be banned by the end of the year at the latest," said a well-informed insider. Climate goals in focus Negotiators cited the "devastating consequences" for the climate and the environment as the main reason. "The enormous electricity consumption of the Bitcoin network clearly contradicts our ambitious climate goals," explained a spokesperson. "We no longer want to waste green electricity on pointless computing operations, but rather advance the energy transition." Crisis of cryptocurrencies has long been rife, particularly from environmental policy experts. A high-ranking representative of the negotiating parties emphasized: "Bitcoin is an energy trap that we simply cannot afford in light of climate change." Uncertainty on social media The news spread like wildfire on social media within minutes, causing shock and confusion. While some crypto investors immediately tried to move their digital assets abroad or to anonymous accounts, others spoke of deliberate scaremongering. [link] [comments] |
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