Defending Bitcoin Mining in the EU and US

This chapter explores the critical need to defend Bitcoin mining, particularly proof of work, in the European Union and the US to prevent potential bans. The speakers highlight the role of Bitcoin in resisting transnational repression and advocate for educating regulators on the benefits of proof of work for marginalized individuals and activists. Concerns about biases, energy consumption, and the labeling of certain assets as unsustainable are discussed in the context of Bitcoin mining.

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Marty sits down with Lyudmyla Kozlovska and Bota Jardemalie to discuss activism against the EU regulators' attacks on Bitcoin.

- PoW submission to the EU regulators (example of testimonials we want to collect from bitcoin miners and those who socially benefit from it): https://en.odfoundation.eu/a/724499,defend-pow-submission-to-esma/

- EU AML submission: https://en.odfoundation.eu/a/723329,submission-to-fatf-tools-to-prevent-abuse-of-aml-cft-laws/

-Submission to FinCen US: https://en.odfoundation.eu/a/724918,submission-to-fincen-us-digital-asset-aml-act/

- Site / Support OD Foundation: https://en.odfoundation.eu/how-can-you-help/

- LN to donate in Bitcoin and support our advocacy work in the EU and US:

🫡 defendpow@geyser.fund

🫂 donate@bps.odfoundation.eu

- Lyudmyla on X: @LyudaKozlovska

- Bota on X: @jardemalie

0:00 - Intro
8:00 - EU attacks on Bitcoin
18:58 - Abuse of KYC/AML
25:10 - Confronting regulators about their consequences
37:45 - Timeline on preventing EU action
41:15 - What can be done
47:52 - What does the success of Bitcoin look like
50:11 - What it’s like when they come for you
52:50 - The laws are more draconian and less effective
58:04 - Narrative war
1:02:31 - Complacency
1:07:39 - Dealing with the stress
1:12:55 - Wrapping up

Shoutout to our sponsors:

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