At a time oil and gas prices are skyrocketing due to policies and actions that any person that applies a little common sense should realize would lead to increase prices it is also a time when brown outs and inability to supply electricity are mounting.
It is a time when pushes to end gas powered cars are in the works while the same people put ban on using electricity so you can't charge your electric car.
They are making the people hurt. It is making some people see through the B.S. It is not something that in the long run seems sustainable.
What if bitcoin and other proof of work cryptos are one of the targets?
What kind of sentiment might they be able to get from the people during a time when there seems to be insufficient electricity?
Might they be able to convince the populace to attack bitcoin and proof of work more thoroughly?
I can see it now...
"If we can shut down the big bitcoin mining operations there will be plenty of energy!!"
Is this partially a push to attack crypto?
All cryptos move closely with bitcoin. If they can damage it enough it also erodes the confidence in other crypto currencies.
Will cryptos ultimately survive? I do believe blockchain technology and crypto currencies are here to stay as long as we have electricity AND internet. Yet that doesn't mean they will be popular. It doesn't mean they might not become black market and illegal.
To get there they need to keep drumming of hate for crypto currencies.
Could that be one of their targets with this drive to cause all kinds of energy shortages and problems?
The energy scarcity is 100% artificial. It does not need to exist.
These are just some things I was pondering today as I was reading the news.
This is what I was reading when these thoughts came into my mind...