Saw a few posts on X last week about France proposing bitcoin mining. Here's a bit of context (Nostr-only post). 1. Yes, it is positive that this is being discussed with the French National Assembly. The Bitcoin mining subject was introduced by Marine Le Pen. She was initially anti-Bitcoin, but has followed Trump's lead in changing her stance. This happened firstly because she is pro-Trump and quite influenced by him, but also because of some good conversations behind the scenes in France where a couple of Bitcoiners helped her better understand its utility 2. With the current parliament, there is not enough support for any Bitcoin mining bill to go through. 3. This could change with a new parliament. This isn't scheduled to happen until 2027 but could happen as early as later this year due to the French parliament not being able to reach agreement on a budget. 4. Mining in EU can happen anyway, without state-level initiatives to do mining. The great thing is that people are starting to realize and talk about the considerable amount of wasted (nuclear) energy that could easily be used for Bitcoin mining, generating billions of dollars. 5. iNBi (France's Bitcoin Policy Institute) are doing some important work to shift perspectives and educate people about Bitcoin and Bitcoin mining across the political spectrum. That's one of the reasons (but not the only one) that you're hearing more about Bitcoin mining in this part of the world.
Digital Assets Research Institute (DARI) just put out an amazing report on bitcoin use among refugees. 329k have already used bitcoin to take safely across borders. Could reach 7.5M by 2035. At this point, people who still think bitcoin has no usecase are just plain clueless
Issue #35 of the Bitcoin Adoption Forecast is out. Check your email or spam filters
Media like The Guardian loves to highlight a problem. But refuses to cover the well-documented solution. The solution is bitcoin mining. It does not require government subsidies, it’s already ended flaring in a lot of regions, it could end the wasteful and polluting practice of gas flaring around the world, but The Guardian has been complicit in helping perpetuate the practice of flaring by its ignorant attacks on the solution that can quickly end the very problem it keeps on pointing out. image