Data: Bitcoin estimates that annual electricity consumption will drop to its lowest level since November 2020.

According to Businessinsider, Michael Sonnenshein, CEO of Grayscale Investments, financial assets such as cryptocurrencies appeared only a generation ago, and cryptocurrencies are still in their infancy. He expressed his belief that many cryptocurrencies will grow and prosper together in the future. The law will be effective and can ensure that cryptocurrencies can be used as assets. He believes there is no doubt that cryptocurrencies will continue to exist as assets. Sonnenshein said that "the money people spend does not come from the government" is a viable idea. So I wasn't surprised to see this code restrict encryption. However, we do know that eventually some forward-looking countries that need to embrace cutting-edge technology and innovation will turn to crypto assets like Bitcoin and Ethereum.