Biden Administration Pushes for Punitive Tax on Crypto Mining

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.POUTS is campaigning to impose a punitive tax on crypto mining operations for the “harms they impose on society.' 'A 30% tax on bitcoin mining is a de facto ban on bitcoin mining in the U.S.,' thetrocro says. Watch more:

Troy Cross, professor of Philosophy and Humanities at Reed College and Fellow at Bitcoin Policy Institute, joins "All About Bitcoin" to discuss the energy usage of bitcoin mining and the White House's proposal to push for a punitive tax on crypto mining tax.

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