France’s Rassemblement National (RN) party is supporting a plan to mine Bitcoin
Marine Le Pen, who leads RN, showed her support for the project during a visit to the Flamanville nuclear plant on March 11.
In 2016, she opposed cryptocurrencies by warning that moving away from physical money would take control away from citizens and hand it to global financial institutions.
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The new proposal has been introduced in the French Parliament by RN lawmaker Aurélien Lopez-Liguori. His plan suggests installing Bitcoin mining equipment at locations run by Électricité de France (EDF), the state-owned energy company.
Lopez-Liguori noted that unused electricity should be put to use rather than wasted. He argued that turning extra energy into Bitcoin could bring practical benefits.
France produces a large amount of electricity through nuclear energy, and sometimes the supply exceeds demand. Rather than let this extra power go unused, RN sees Bitcoin mining as a possible solution.
However, Jean-Philippe Tanguy, who handles RN’s financial policies, stated that the party should continue to support a centralized financial system and warned that promoting independent digital currencies like Bitcoin may not align with RN’s goals.
Meanwhile, Residents near Granbury, Texas, have been dealing with constant noise from a nearby Bitcoin mining facility, owned by MARA Holdings. What did they say? Read the full story.
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