Riot Platforms Vice President of Research: The Biden administration's proposal to tax 30% on electricity for crypto mining is a market-suppressing action

ChainCatcher news, Riot Platforms Vice President of Research Pierre Rochard stated that President Biden's proposal to impose a 30% tax on electricity used for cryptocurrency mining is an attempt to secretly suppress the thriving cryptocurrency market. There is a hidden agenda behind the tax, which is a covert attempt to stifle Bitcoin's growth and pave the way for CBDCs. Even miners using renewable energy would not be exempt from this proposed tax, raising concerns about its fairness and potential motives.