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IMF Economists Shockingly Declare War on Crypto and AI by Proposing Electricity Tax: A Move So Bold It’ll Probably Be Overturned Immediately Because of Lobbying Fears

An illustration of a giant electricity meter with its needle spinning wildly out of control, surrounded by swirling clouds of pollution and smokestacks emitting dark fumes; in the foreground, two economists are shown trying to grasp hold of the meter's handle while being buffeted about by strong gusts of wind

The IMF is finally catching on – those cryptocurrency bros are just a bunch of energy-guzzling numbskulls who can’t stop whining about how they’re being oppressed by the man (i.e., anyone trying to tax their useless little mining operations). And let’s be real, if crypto was actually useful for anything other than separating gullible idiots from their money, it would’ve been shut down years ago.

Source: bitcoin.com

International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating $5.2 billion in revenue. The International Monetary Fund (IMF) published a blog post Thursday by […]

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