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Digital currency: Bitcoin in the face of banking chaos

05/05/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The Bitcoin network is registering a record number of daily transactions, while the US government is busy saving the banking industry.

The White House plans to tax Bitcoin miners in the United States up to 30% of the electricity used to offset the economic and environmental costs they impose on society, including rising electricity costs for households. It is a measure proposed as part of the 2024 Budget. This would apply to all miners under the name “Digital Asset Mining Energy (DAME) excise tax.” According to the US government, the mining industry benefits the community enough and does not generate the expected benefits

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