White House Attacks ₿itcoin Miners [The DAME Tax] (Why it's Hypocritical and will Spread to YOU!) 😡

In this video, I discuss the White House attack on ₿itcoin mining in the form of the proposed DAME Tax on the electricity used by ₿itcoin miners.

Not only will this Tax drive ₿itcoin miners to countries with dirtier grids, it is an unfair attack on a completely legal and legitimate industry that provides Jobs and Tax Revenues.

Usage of basic utilities like electricity, water, internet, etc., should not be politicized. If a political party imposes Special Taxes on industries that they don't like, they should be ready for an opposing political party to do the same thing to them when they retake power.

Is this really how a government should interact with an economy? Does this provide a stable backdrop and rule of law that allows for businesses to make good long-term capital allocation decisions?

No, it doesn't.

How ₿itcoin Mining Helps The Electric Grid:
https://www.youtube.com/watch?v=ruSAOqEfCiE&ab_channel=BitcoinUniversity

Why ₿itcoin Mining Is Good For The Environment:
https://www.youtube.com/watch?v=-j4cXA09Dz0&ab_channel=BitcoinUniversity

NYT Attacks ₿itcoin Mining (Hit Piece):
https://www.youtube.com/watch?v=BY8D0Eus4LA&ab_channel=BitcoinUniversity

The proposed DAME tax on Bitcoin mining:
https://www.whitehouse.gov/cea/written-materials/2023/05/02/cost-of-cryptomining-dame-tax/

SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator

Operation Choke Point:
https://en.wikipedia.org/wiki/Operation_Choke_Point

"If the government doesn’t like how you use energy, you will be penalized":
https://twitter.com/tommapes88/status/1653564180656529410

Original Video by Bitcoin University: https://www.youtube.com/watch?v=27foizgtFUc

🦁 www.MAGAlionHAT.com 🦁
-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: MAGAlionHAT@Gmail.com

Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT

Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑

It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏

₿itcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j

₿itcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5

₿itcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC

Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV

Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS

Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773

Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E

Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e

VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b