Work is defined as force applied over a distance. Whenever work is done, energy is consumed. Therefore work is simply the consumption of energy in a valuable way. Any intervention that attempts to limit the use of energy as a primary goal is fundamentally anti-work. Think how suicidal it is to tax energy usage. It is essentially a war on work. Work is energy consumed to produce value. A war on work will simply accelerate the downfall of the American empire by penalizing those who use energy to produce value. It won't hurt Bitcoin, which will move elsewhere.

30% tax means major exodus of mining from the US to other jurisdictions, AND major expansion of decentralized off-grid power sources. Bullish for Bitcoin long-term, and energy production. Might see hashrate drop in the short term though.

Bitcoin is such a revolutionary technology that those who discover it are in some ways changed by it. It reverses the incentive structures of life. It prompts you to work harder, but with an eye to the future instead of the present. It gives a sense of hope. There is a temptation to "worship" Bitcoin because of these facts. Sure, we won't call it worship, but what exactly is worship anyway? It's not bowing down before something - in fact, you can do just that and still NOT worship what you bow down before if it's disingenuous. Worship is ascribing ultimate worth to something or someone. If you ascribe ultimate worth to Bitcoin, then you worship it. Bitcoin will never solve the main problem of humanity: the human heart. Out of the heart comes all the evil that plagues the world, and no monetary system will fix that. In a hyperbitcoinized world, the human heart will find novel ways to commit evil. Bitcoin is good, but it is not God, and cannot change the human heart. So don't worship Bitcoin - embrace it as a good for humanity. Worship God, who alone can save us from ourselves. "For out of the abundance of the heart, the mouth speaks"