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Venezuela Will Force Bitcoin Miners To Register With the Government (themerkle.com)
schwit1 shares a report from The Merkle: No one will be surprised to hear the Venezuelan government isn't too keen on Bitcoin and other cryptocurrencies. Since Bitcoin and other cryptocurrencies can't be regulated or controlled by the government in any official capacity, they could damage the country's brittle economy even further. As a result, the government has imposed new rules for anyone mining cryptocurrency. To be more specific, all miners will now be taxed and required to register with the government. Being taxed is not entirely illogical, but the registration requirement is pretty worrisome, to say the least. The government shouldn't need to know who is doing what in regards to crypto trading and mining. Nevertheless, authorities want to know who is mining, where they are located, and what type of equipment they use. "That'll put food back on the shelves," adds schwit1.
I wonder how they'll track miners.
They could track them by electricity use. Venezuela gives away electricity for almost nothing, less than 1 cent/kwhr, which makes it an attractive place to run miners, as well as other activities that squander energy.
To be fair "these days" was referring to 2011, when that article by Sanders was written. A time when the Venezuelan economy was rebounding. Two years before Maduro was even sworn in.
To be really fair, when someone predicts something and their prediction turns out accurate, then their hypothesis is *probably* correct.
Like if, for example, someone in 2011 said "Socialist policies don't really work, mostly", and Sanders points to Venezuela as an argument that they do indeed work, the future collapse of Venezuela provides support for the statement "Socialist policies don't really work, mostly", not for whatever counter-argument Sanders was attempting to make.
Another example to clarify: if I were to say, right now, that BTC is not really a currency and you point to its use by $fraction of retailers as proof that it is a currency, any future decline in BTC acceptance by retailers adds support for my assertion, not for your counter-argument. A future rise in % BTC acceptance by retailers may provide the support for your counter-argument, but current cherry-picked examples do not.
Predictive power beats single-data-point examples when proving or disproving a hypothesis. Pointing to a single example only works when the assertion is an existentialist one ("All $FOO are unworkable" needs only a single counter-example to disprove, while "$FOO is not long-term viable" cannot be disproved with a single counter-example).
I'm a minority race. Save your vitriol for white people.
Unemployment is down? Great. How about earnings?
People need money. Not employment. I'm pretty sure I'm not the only one who finds enough things to do with my time, what I need is money. If you allow me to hold slaves, I am fairly sure I can ensure 100% of them will be working.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.