Crypto Times Magazine

🚨URGENT CALL TO ACTION🚨 Say NO to the 30% #Bitcoin Mining Tax! Write your Members of Congress NOW to let them know you oppose the anti-innovation '30% #BTC Mining Tax': WRITE YOUR LEADERS: satoshiaction.quorum.us/camp… The Biden administration’s proposal to levy a 30% tax on #Bitcoin mining would virtually crush #Bitcoin mining in the USA. As you well know, #Bitcoin mining is a powerful tool for balancing the grid, mitigating methane emissions, and creating rural jobs. Unfortunately, many in Washington DC do not know this. This is our moment to rally, to unite in opposition so that our leaders cannot ignore us. If you use this link you can write all your members of Congress in 60 seconds or less: satoshiaction.quorum.us/camp… 5 Reasons Why Every American Should Be Alarmed About This 30% Tax: 1. Pushing Away Innovation Is Un-American: This tax risks handing over our technological edge in the burgeoning field of #Bitcoin mining to other nations. America has always been a beacon of innovation, leading the charge in technological advancements. We cannot allow short-sighted fiscal policies to push these opportunities—and the benefits they bring—to foreign shores. 2. Grid Stability and Renewable Energy Revolution: Contrary to misconceptions, #Bitcoin mining enhances our energy grid's stability and reliability. There is even peer-reviewed research which supports these claims. Bitcoin mining may be the best technology we have to ensure our lights stay on during winter storms and intense heatwaves. Use this one-click tool to send a letter to all of your Congressional leaders: satoshiaction.quorum.us/camp… 3. Rural Economies at Risk: The proposed tax also overlooks the vital economic lifeline #Bitcoin mining provides to rural communities across America. By establishing operations in these underserved areas, the industry brings high-tech jobs, revitalizes local economies, and lays down the infrastructure for future tech-led growth. These are not just jobs; they are beacons of hope for many Americans looking towards a brighter economic future. 4. Environmental Stewardship and Innovation: The narrative that #Bitcoin mining is detrimental to the environment ignores the industry's strides towards sustainability. Many mining operations are leading the charge in using and investing in renewable energy as well as tackling methane emissions. #BTC mining is a powerful piece of pro-environment tech driving forward innovations that make cleaner energy more efficient and accessible. 5. A Blow to Economic Growth and Financial Inclusion: At a time when our economy seeks to rebound and build resilience, imposing a punitive tax on a sector ripe with innovation and potential for growth is counterproductive. Furthermore, #Bitcoin and offers a path to financial inclusion for many Americans left out of the traditional banking system, empowering them through permissionless finance. We Must Act Now—Here’s How: Members of Congress need to hear from their constituents. WIth the below tool you can quickly and easily send a message to your elected officials to let them know where you stand. WRITE CONGRESS NOW: satoshiaction.quorum.us/camp… Express your staunch opposition to the 30% tax on #Bitcoin mining. Highlight the essential role of #Bitcoin mining in stabilizing our energy grid, cleaning up our environment, supporting rural economies, and ensuring America remains at the forefront of the digital age. It’s time to defend our national interest, protect our position as a global leader on #Bitcoin, and champion the causes of innovation and economic opportunity that #BTC has to offer. Act today! Write your leaders and let them know that you stand against the '30% anti-innovation BTC tax': satoshiaction.quorum.us/camp… #NoBitcoinTax 🚀🌱💡🇺🇸