Firstly, there’s an emerging recognition that, whether people like them or not, these new, essentially unstoppable systems are not going away. Many EP members who’d considered supporting the so-called “Bitcoin ban” likely didn’t, not because of some great appreciation for cryptocurrencies but because they recognized it was futile. They understood that, if prohibited from operating in the European Union, miners would simply move to other regions with far dirtier fuel sources than those of the EU.
