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In effect I see it that the higher the value of bitcoin, the more effort and thus energy will be put in to obtaining it. Current estimates are that it is around the same energy output mining bitcoin as the entire country of Argentina. As it scales up it brings it in to conflict with the climate agenda and governments. Throw in the financial side of it, you have to figure a collision course is likely that will ultimately cause its value to drop. I am only wondering why they haven't acted yet. Any theories on that?
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