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Rabbit Hole Recap #251: $10,000,000 for Open Source Projects

Rabbit Hole Recap

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The Biden Administration Proposed a Ban on Bitcoin Mining in America

The Biden administration has proposed a ban on Bitcoin mining in America. This seems very likely, excuse me, unlikely to pass. Even if it does, it's likely unconstitutional and will get spun up to the Supreme Court rather quickly. It is a signal from the Biden administration, which hates you. They're not forward looking. They don't understand Bitcoin. And they may even have some incentive on the back end to prevent this because they don't want Bitcoin to succeed.

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