Immigrants dig mines

Bitcoin, a topic that has occupied the top ten hot searches continuously recently, has always been a hot topic. There always seems to be a new discussion point. In the past two days, a country called El Salvador passed the Bitcoin Act, making Bitcoin the legal tender of the country, equivalent to the US dollar.

Since Satoshi Nakamoto put forward this concept in 2008 and it was formally born in 2009, it is a new milestone for Bitcoin to become the national legal tender. But for El Salvador and Bitcoin, whether it is a good thing or not is still unknown.

However, in the process of the emergence or development of new things or things, the collision of attitudes is inevitable, and different countries also have their own views on Bitcoin. For example, some provinces in China are clearing mines, while some states in the United States are also considering the energy consumption of mining, including the following countries, which makes the development of Bitcoin different.

El Salvador President Naib Bouclet said at an event on June 5 that he would submit a bill to Congress next week to make Bitcoin one of the legal tender in the country.

On June 8th, El Salvador passed legislation with an absolute majority of 62/84 (84 votes passed 62), becoming the first country in the world to use Bitcoin as legal tender. The president of the country said that the US dollar will continue to be used as legal tender.

After the bill was passed, the news came that President Booklet said that he would explore the use of volcanic geothermal energy to exploit bitcoin. Koukou, who was born in 198 1, has always been a maverick and does not take the usual path. He said, "We started to design a complete bitcoin mining center around it."

In order to vigorously promote bitcoin, the Salvadoran government began to implement the policy of "investing in three bitcoins to obtain permanent residency in El Salvador". However, not all immigrants are as beautiful as everyone thinks. Perhaps the country you are going to, with its domestic economy dominated by agriculture, rich in coffee beans and cotton, weak industrial base and numerous gangs, is recognized as a "low-and middle-income country" and one of the countries with the highest murder rate in the world. Such immigrants are very attractive.

Iran banned domestic banks from engaging in cryptocurrency transactions on 20 18, but did not explicitly prohibit nationals. Then in 20 19, bitcoin mining was legalized and a license was issued to avoid the impact of US economic sanctions.

Iran cracked down on illegal mining due to domestic power failure, and even banned all mining. Due to US sanctions, the Iranian President hopes to introduce cryptocurrency "laws and instructions" as soon as possible.

The US Bill S-6486 was submitted to the new york Committee for deliberation, demanding that bitcoin mining be banned for three years to conduct environmental assessment and measure the impact of mining in the state on greenhouse gas emissions and wildlife. In this regard, the mine and environmentalists launched a heated debate. The mine said that it has abandoned the power plant that uses coal to generate electricity, and intends to mine bitcoin with clean energy such as natural gas, and said that this is in line with all environmental protection laws in New York State. After a heated debate, lawmakers abandoned the three-year ban on bitcoin mining and restricted it to new projects and existing businesses. It is also forbidden to issue licenses to coal mines that use carbon-based fuels for power supply.

However, the House of Representatives of Texas unanimously passed a "Virtual Currency Act" to recognize the legal status of virtual currency. Because of its title of American energy station base, many cryptomining enterprises have set up factories in Texas. For example, Bitland, Blockcap lnc, etc. They all set up shop here. Meanwhile, bitcoin miners in China invested $25 million in a new facility in Texas.

In the United States, States have different attitudes towards Bitcoin.

The China Internet Finance Association jointly issued the Announcement on Preventing Speculation Risks in Virtual Currency Trading on May 18.

On May 2nd1,the 5th1meeting of the State Council Financial Stability and Development Committee was held. The Finance Committee placed special emphasis on cracking down on bitcoin mining and trading, and set up a reporting platform for virtual currency mining enterprises. At the same time, eight measures were introduced to combat and punish the "mining" behavior of virtual currency.

The Development and Reform Commission of Changji Prefecture in Xinjiang issued the Notice on Immediately Stopping Production and Rectifying Virtual Currency Mining Enterprises. The circular requires that all enterprises engaged in virtual "mining" must stop production and rectify before June 9 14, and report the situation of enterprises' suspension and rectification to the changji city Development and Reform Commission.

On the evening of the 9th, the Department of Industry and Information Technology of Qinghai Province issued a notice on completely shutting down the virtual currency "mining" project, requiring all localities to clean up and rectify the virtual currency "mining" behavior.

The three major bitcoin mining companies in the world are all China enterprises, and China miners account for about 70% of the computing power of bitcoin network. Therefore, most miners began to move to countries and regions that are friendly to Bitcoin. But even if the miners go out to sea, the nature of China miners behind the mine will not change.

China's attitude towards Bitcoin remains to be seen.

Although each country has different attitudes towards Bitcoin, neither support nor resistance can curb the development of Bitcoin, because there are always people who need it. As for the extent to which it will develop and whether it will be popularized, it will take time to verify.