The Pomp Letter
The Pomp Letter
New York vs Bitcoin Mining
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New York vs Bitcoin Mining

To investors,

The state of New York passed a bill last night to implement a moratorium on bitcoin’s proof of work mining process. The legislation is headed to the Governor’s desk to be signed into law, but once that happens, New York will be the first state within in the United States to legally attack bitcoin.

There are a number of issues to discuss rela…

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