How to Start Disrupting Cryptocurrencies: “Mining” Is Money Transmission

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9. June 2021

This article has been indexed from Lawfare

A photographer's depiction of two figures mining bitcoin (Flickr/Marco Verch,https://flic.kr/p/2eZFNH2; CC BY 2.0, https://creativecommons.org/licenses/by/2.0/)

Bitcoin arrived on the scene just two years after the iPhone, and in that time it has helped facilitate a whole lot of bad things. All cryptocurrency assets, not just Bitcoin, are zero sum. So every dollar “made” in cryptocurrency was simply provided by someone else. And any volatile cryptocurrency, Bitcoin included, will always be

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