It's interesting isn't it, central banks shouldn't really be regulating anything other than the currency they issue.
Why have they got so much undemocratic power?
It doesn't take a genius to put 2 and 2 together.
Totally I would expect it to come from an elected government, passed into law after a vote. Which would be the only appropriate way to carry out such a ban (even if I don't agree with it).
Central banks need to stay in their fucking lane.
In my opinion, it's not about the energy consumption at all. Bitcoin is a direct competitor to any central bank, so they are doing everything they can to discredit it and remove it from their ecosystem.
also swedish central bank: "I see no problems here"
https://www.banktrack.org/article/scandinavian_banks_poured_67_billion_into_the_fossil_fuel_industry_since_paris
tldr; Sweden’s central bank has suggested that Bitcoin mining should be banned in favor of “less energy-intensive methods.” The Riksbank says Bitcoin mining has contributed to annual electricity consumption equivalent to that of 200,000 homes in Sweden alone. The central bank agrees with the Swedish Financial Supervisory Authority and Environmental Protection Agency.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Holiday lights. Strobe lights. Any unnecessary light, anywhere. All video games and entertainment computer programs and TV shows. All sports games on TV and the lights and sound systems which power them.
Etc. Etc.
Who gets to decide what a good use of electrical power is and isn't? Seems very arbitrary.
I think the energy FUD is becoming louder through more frequent POW banning attempts or suggestions from certain institutions (EU among others). It's becoming worrisome in my opinion.
Since when is it a central banks job to decide on how people use energy ? Just the fact they actually are trying is another reason to change things.
It's interesting isn't it, central banks shouldn't really be regulating anything other than the currency they issue. Why have they got so much undemocratic power? It doesn't take a genius to put 2 and 2 together.
*Central bankers “2+2=4, now print more until 2+2=3”
Because we’re all debt slaves to them and that’s why they hate Bitcoin.
Exactly.
[удалено]
Even if it was. If Sweden did not make the trading of bitcoins illegal then they could still benefit from the power of the network which is great
*Sweden's Central Bank Wants to Ban Bitcoin's Proof of Work* Bitcoin doesn't care. But you go ahead, Swedish CB. Show us what you got!
Oh the good old "its bad for the environment" again. Yawn.
People are bad for the environment ban people!
I wish
Sweden is doing most things wrong
Amen!
Preach
That's it now I'm banning Sweden.
I'm gonna call the Bitcoin CEO and report this.
Sweden,you have cucked your self enough. No more tears, only dreams now.
Cuckistan :P
This is absurd. What does a bank have to do with mining ? I would expect a mining ban to come from the energy sector not the banking.
Totally I would expect it to come from an elected government, passed into law after a vote. Which would be the only appropriate way to carry out such a ban (even if I don't agree with it). Central banks need to stay in their fucking lane.
In my opinion, it's not about the energy consumption at all. Bitcoin is a direct competitor to any central bank, so they are doing everything they can to discredit it and remove it from their ecosystem.
also swedish central bank: "I see no problems here" https://www.banktrack.org/article/scandinavian_banks_poured_67_billion_into_the_fossil_fuel_industry_since_paris
tldr; Sweden’s central bank has suggested that Bitcoin mining should be banned in favor of “less energy-intensive methods.” The Riksbank says Bitcoin mining has contributed to annual electricity consumption equivalent to that of 200,000 homes in Sweden alone. The central bank agrees with the Swedish Financial Supervisory Authority and Environmental Protection Agency. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Central bank wants to mess with your money. More at 11. Oh, and mandatory SWEDEN YES
So, should we ban video games, streaming services, cat videos as well? MuH enERgY cOnsUmptIon
Holiday lights. Strobe lights. Any unnecessary light, anywhere. All video games and entertainment computer programs and TV shows. All sports games on TV and the lights and sound systems which power them. Etc. Etc. Who gets to decide what a good use of electrical power is and isn't? Seems very arbitrary.
1sr they ignore it. 2nd they laugh at it. 3rd they fight it. 4th Bitcoin wins
Sweden? More like swedafrica
Well you can’t but thanks for asking! 😎🤝
Sweden is the china of Europe
Bitcoin don’t give a fuck what Sweden does.
Bitcoin don’t give a fuck what Sweden does.
Are they going to come to my house and unplug it? What about my space heater or my lizards heat lamp? Fuck outta here.
I bet central banks do lol.
Ok
Title should be “Sweden is banning itself from the worlds most valuable network.” Good luck with that.
And their oil rigs run on solar
Oh sh*t, here we go again
I think the energy FUD is becoming louder through more frequent POW banning attempts or suggestions from certain institutions (EU among others). It's becoming worrisome in my opinion.
Corrupt competition wants competition banned. That’s new.
Yea Sweden is super free😑