Bitcoin mining uses a lot of energy, but its consumption is rarely put into context. Bitcoin mining is not primarily about processing payments, but securing a decentralized network, allowing uncensorable transactions worldwide.
What was seen as curiosity and enthusiasm about how Bitcoin is improving the world for billions of people unbanked and living in authoritarian countries, turned out to be a purely calculated business decision, exactly the opposite of what Elon Musk stands for.
El Salvador is the first country making Bitcoin its national currency, which has broad implications for the entire region of South America and beyond.
Make Profit Margin's Accessible to Consumers - Free Birth Control/Condoms/Feminine Hygiene Products - End the Drug War and legalize Psychedelics - Cheap Government-Produced Generics for drugs after patent expiration - Publicly Disclose everyone's Income - [...]
Fines exist to disincentivize harmful behavior and minimize overall harm done to our societies. Fines have been around for as long as humans have socialized, but nobody anticipated that a small group of extremely wealthy corporations and individuals could one day stand above the rules of our society and completely discard any fines brought before them.