Norway’s Government Has Legalized Bitcoin Mining
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Norway’s Government Has Legalized Bitcoin Mining
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Was it illegal before?
Now legalise washing machines and electrical dryers. Also, electrical toothbrushes.
PSA: In almost all jurisdictions, Bitcoin mining was legal to begin with.
When they say “legalize Bitcoin” they really mean “limit”, “introduce licence requirements” and “tax”.
Why do we cheer up when they “legalize” something that was not even illegal :/
tldr; The Norwegian parliament has rejected a proposal to make Bitcoin mining illegal. The local Red Party proposed a complete ban on Bitcoin mining in March. The Socialist Left Party and the Green Party, among others, backed it. The verdict will allow miners to continue participating in the network.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
“Legalize it, don’t criticize it. ”
-Peter Tosh, on bitcoin mining
Bitcoin does not need the permission of a government to function.
Bitcoin: I am everywhere and I am unstoppable.
Countries one by one: I guess I allow this now.
Why the misleading titles? It wasn’t illegal.
They have legalised something that wasn’t illegal?
Title is messed up. But I’m guessing “Norway didn’t make bitcoin mining illegal” wasn’t click baity enough
Red party is a bunch of Marxist lunatics, not surprised they suggested this ban. Not the first time they push for some crazy agenda. Thank God they are only a small fringe party, for now.
This whole energy usage thing is so stupid. If we actually allowed production of energy the world would have no problem.
Nuclear is one of the safest and most powerful forms of energy production but no one is rushing to build out nuclear energy production.
Imagine being hostile to what is essentially a data center. Fucking muppets.
No way!
Good for Norway. There’s a lot of regulation coming to EU Europe. Keep an eye on the MiCA bill going through EU parliament at the moment.
Pretty intresting, they’ll be able to leverage cheap energy from nat gas which will support their unit economics. I’m sure there are already people mining there, but the timing is interesting as well. Maybe with the recent sell-off their governemtn is trying to bring miners back into the fold
Boooooooooooooooooooooooooooooooo…there goes all that electricity you were trying to limit!
I have already imagined how miners will rush to Norway. I hope that the price of electricity will not scare them away.
Keep it green!!! Congrats Norway. Smart move
If they tax miners for energy use, it will lead to more decentralization. Actually a good idea.
There’s Nor*way* it should be illegal!
They probably had to resist the IMF and make an official statement that mining bitcoin is legal to make it official. Although this isn’t exactly breaking news, it’s a step in the right direction. This is important news.
Norway shows us the way
And much more to go. I hope to see more projects like Lugano with usdt as legal tender
Anything not illegal is permitted. This title is nonsense.
> The Norwegian parliament has rejected a proposal to make Bitcoin mining illegal.
Should say Norway’s government has encouraged Bitcoin mining
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I can feel the trends happening and shifting. We’re starting to move back to the upswing… I hope
So it wasnt legal until now? Lol weird
Legalized it ?!? Is using tech illegal now in EU?!? :))
It’s good news that states are acknowledging new technologies. Now we still need services that will give the right knowledge to society so that there is no deception. I took a closer look at r/Exorde, I think they can be trusted.