Thank you @Marty Bent for all your support and passion for #freedomtech #bitcoin . ☺️ We need you guys, bitcoin miners brilliant minds, to win these false narratives against #PoW and discriminating methodology to evaluate bitcoin as „not #ESG sustainable” both in the EU and US. ⚡️

Daniel #Batten in the podcast with @Stephan Livera explains why he supported Open Dialogue Foundation campaign to educate #EU regulators about environmental/energy impact of #PoW & participated in the submission to #ESMA in defence of #bitcoin / #PoW: 1. We have only one year to change false narrative about PoW before the draft of the EU regulation will be prepared by the European Commision and prevent #bitcoin to be labeled as "environmentally harmful" or “threat to energy security/waste of energy”; 2. The false narrative against PoW provokes a cascading effect. This could cause: 📍to stop #ESG funds investing into bitcoin. This is not speculation: in #France ESG funds barred from fossil fuel investments after the government ruling in 2023:

Client Challenge

or 📍introduce a "quasi-ban" like in #Kazakhstan or #China, giving "negative points" to tax bitcoin more heavily than others or made it impossible to operate mining due to the uncertainty of regulatory requirements. This policy in 2022 triggered the hashrate to crash from 13 % to around 1 % in less than a year.

Kazakhstan’s Hashrate Drops as Internet Blackout Persists

The world’s second-biggest crypto mining country is engulfed in its worst protests in 30 years.

Defend #freedomtech: repost & support our work/donate: 🫡 defendpow@geyser.fund 🫂 donate@bps.odfoundation.eu

Thank you @Marty Bent and @ODELL for helping us raise awareness about the ongoing attacks to #PoW in the #EU. Right now we see the same coordination of the development regulatory ground against #bitcoin in the US. We should defend our rights, our technology of financial freedom. Thank you guys for solidarity ⚡️🙏 View quoted note →

Bye #bitcoinpark #Nashville, the heart of the guardians of #bitcoin  technology🫶 Good news: we will have amazing testimonials in defence of the #PoW against the discriminatory political approach proposed by #EU Central Bank. Thank you #Braiins Mining and @Harry for inviting me ⚡️🔥 @skot9000 your #Bitaxe is just the cutest thing I saw ❤️‍🔥

#Bitcoin  is a human right, if you don’t defend it, you lose it. Thank you @Stephan Livera for helping us to raise awareness about the ongoing attack on #PoW in the EU!

It is sad that EU regulators and public opinion are listening to #Greenpeace. This should be exposed properly. If you are a #Bitcoin miner, don’t abandon this propaganda. Help us, end-users and human rights activists to defend bitcoin on the ongoing attack on PoW in the #EU. One of the goals of the EU bodies, particularly the European Central Bank (#ECB), for such an approach is to use “a policy tool that disincentivises investing in such assets from the outset and prevents the build-up of transition risk through crypto-assets in the banking system” until 2025. As end-users of Bitcoin for fundraising and payment instruments, Open Dialogue Foundation concerns that such a policy would directly affect both us and the Bitcoin industry, which services we and other activists use. Especially because the European Commission wants to “collaborate internationally with different standardisation bodies to develop the energy-efficiency label” for PoW: “States shall implement targeted and proportionate measures to lower, and must be ready to stop, the electricity consumption of crypto-asset miners, in line with the proposed Council Regulation on an emergency intervention to address high energy prices.” We need to do educational advocacy - over 200 face to face meetings with MPs and regulators so they can learn and ask questions from bitcoin miners they never ask in public. Just as we did thanks to @Obi 🔅 @Mike Brock and @jack last years with #MiCA and #AML Regulations. We need to be able to defend our rights to use Bitcoin in a legal way. So far it seems that the fight in the EU for Bitcoin is more important for activists than for bitcoiners, because everyone is excited about Bitcoin ETFs in the US, or believes that the market will solve the problem in the EU/move to other jurisdictions, or just doesn't believe in engaging with politicians to educate them. 😔 And I understand and respect all of that arguments, but we as human rights defenders have no place to move and we operate there, in the EU. 🙏 We need your support. Now, before it is too late.