2/4 Why Norwegian policymakers want to ban #Bitcoin  mining: - they “don’t want cryptocurrency [Bitcoin] mining companies” since they look at them as „actors who are looking to "shop" for cheap electricity in Norway“ and “(...) businesses seeking to exploit Norway for cheap energy extraction”. - since they don't see positive uses cases of Bitcoin mining and Bitcoin in general, the want to ban it. Norwegian policymakers want to keep only data centers “to secure storage of images and communication”, or „which are important to society, and the society-serving computer industry is important to Norway“.

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Lyudmyla Kozlovska's avatar Lyudmyla Kozlovska
We Have to Defend Bitcoin Mining in Norway. Here is why: 1/4 In April 2024, the Norwegian government introduced a legislation to regulate data centers in a way that effectively bans #Bitcoin  mining in the country. This is setting a huge precedent. So far, all attempts to ban bitcoin mining have been referred to the practices of authoritarian/dictatorial countries such as #China. But in the case of #Norway, this country is considered one were bitcoiners teach human rights defenders about freedom technology routinely. A country known for defending human rights, the Nobel Peace Prize, will be also known to be against Bitcoin mining, which affects not only miners, but all users, developers and investors. image
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Lyudmyla Kozlovska's avatar Lyudmyla Kozlovska
2/4 Why Norwegian policymakers want to ban #Bitcoin  mining: - they “don’t want cryptocurrency [Bitcoin] mining companies” since they look at them as „actors who are looking to "shop" for cheap electricity in Norway“ and “(...) businesses seeking to exploit Norway for cheap energy extraction”. - since they don't see positive uses cases of Bitcoin mining and Bitcoin in general, the want to ban it. Norwegian policymakers want to keep only data centers “to secure storage of images and communication”, or „which are important to society, and the society-serving computer industry is important to Norway“.
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Your countries wealth is a hinderance to seeing the use case for Bitcoin. As a nation you will have less appreciation for the salvation Bitcoin has been to El Salvador than, say, a poor country like Argentina who are seriously looking at ways Bitcoin can save their economy. You almost need to pitch it as a humanitarian proposition.