Re:A Texas Town's Misery Underscores the Impact of Bitcoin M...
by npoc on Wednesday February 07, 2024 @03:30PM
(#39293867)
In the UK at least, the government only has authority to execute legislation. And parliament only has authority to create legislation.
If the legislation they create is not lawful then it can't be enforced in the courts as doing so would be inherently unjust.
Hashing data and purchasing electricity obtained from approved sources have never been shown to be (and unlikely ever will be) unlawful activities.
Depending on the activity, their effectiveness at doing so will of course vary. But governments can absolutely ban Bitcoin and (especially) mining, and that will greatly reduce the usefulness of Bitcoin for people, even if they can't fully stamp it out.