Monday, November 4, 2024
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Crypto Advocates Push Back on Sweden’s Call for EU Mining Ban

“I think this is a weak argument. It is like saying: If we don’t make it – weapons, drugs, child pornography, crypto mining, whatever – somebody else will, so we might as well do it,” Overland said. “Norway uses this argument a lot about its oil, claiming that it is cleaner than other oil and that it is better if oil is produced by a democracy than authoritarian countries. From a climate perspective, this argument makes little sense.”

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