Permanently Deleted

  • Fundle [he/him]
    ·
    edit-2
    3 years ago

    Apparently India may possibly ban all cryptocurrencies

    https://www.reuters.com/article/us-india-cryptocurrency-ban/india-to-propose-cryptocurrency-ban-penalising-miners-traders-source-idUSKBN2B60R0

    • zifnab25 [he/him, any]
      ·
      3 years ago

      It's not something you can ban per-say. It's literally just trading hash-codes.

      The real scary shit is the mining. And while it's certainly possible to address that, what you're really going to end up doing is policing electricity consumption. There are way better ways to do that than announcing "Digital Commodities Are Illegal". But no way a neoliberal will be able to tell you about.