On The Brink with Castle Island cover image

Weekly Roundup 05/05/23 (Bank apocalypse, Biden's miner tax, Bhutan's crypto ambitions) (EP.422)

On The Brink with Castle Island

00:00

The Dame Tax on Bitcoin Miners in the US

The Biden administration wants to tax Bitcoin miners 30% in the United States. This would actually have an unintended consequence, says John Defterios. It's one of the more counterproductive policies I've ever seen them propose," he said. "You're raising the carbon intensity of the network and you're crushing domestic industry"

Play episode from 06:39
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app