Deng Jianpeng: “Drilling” activities such as polluting the environment without safe production conditions should be eliminated

According to the Securities Daily News, a few days ago, the National Development and Reform Commission issued the "Industrial Structure Adjustment Guidance Catalogue (2019, Draft for Soliciting Opinions)", and listed the "virtual currency 'mining' activity (the production process of bitcoin and other virtual currencies) as eliminated. Industry. Deng Jianpeng, a professor at the Central University of Finance and Economics and a senior research expert in blockchain legal supervision, said that the state plans to phase out categories mainly because they do not meet the relevant laws and regulations, do not have safe production conditions, seriously waste resources, pollute the environment, and need to eliminate backward processes, technologies and equipment. And products. "According to this opinion draft, the virtual currency 'mining' activity (the production process of virtual currency such as Bitcoin) does not specify a phase-out plan or a phase-out period. If it is effective in the future, it should be an item that the country has explicitly eliminated or immediately eliminated. Regarding whether “mining” should be directly eliminated, Deng Jianpeng said that “mining” activities that do not have safe production conditions should be eliminated in time due to potential risks, and severely crack down on the illegal behavior of “mine owners”. Such "mines" should be banned according to the law. There is nothing wrong with it. Deng Jianpeng said that for "mining" activities that are a waste of resources and polluting the environment, they should be eliminated in time. However, for the “mines” distributed in poverty-stricken areas where domestic power resources (especially renewable energy sources such as hydropower and wind power) are abundant but almost impossible to export, this activity effectively utilizes the energy that may be wasted, thus benefiting local economic growth. .

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