Jumping the gun here, but I’m also a little worried about Dutch Disease with some Bitcoin mining tax-free havens. Really a non-concern for the foreseeable future, but thinking of problems like the oil industry in places like Angola. Hoping it can be thought about and mitigated early if Bitcoin mining operations do take off there.
Nice one 👍 Thanks, Frank - I guess the most interesting thing for me is if El Salvador will actually make an industry out of geothermal Bitcoin mining. If that really does happen, then I wonder if that wealth will be distributed to its citizens. Hoping for the best, but not necessarily surprised if nothing comes of it.
Fascinating info. Thank you for sharing. I had a feeling that most people on the ground don’t really get it. Some of the brightest minds in the world are still trying to figure it out; I don’t expect the average person using it to get it quite yet. I think the parallel to 1997 Internet is quite apt. Thanks again for sharing
Jumping the gun here, but I’m also a little worried about Dutch Disease with some Bitcoin mining tax-free havens. Really a non-concern for the foreseeable future, but thinking of problems like the oil industry in places like Angola. Hoping it can be thought about and mitigated early if Bitcoin mining operations do take off there.
Nice one 👍 Thanks, Frank - I guess the most interesting thing for me is if El Salvador will actually make an industry out of geothermal Bitcoin mining. If that really does happen, then I wonder if that wealth will be distributed to its citizens. Hoping for the best, but not necessarily surprised if nothing comes of it.
Fascinating info. Thank you for sharing. I had a feeling that most people on the ground don’t really get it. Some of the brightest minds in the world are still trying to figure it out; I don’t expect the average person using it to get it quite yet. I think the parallel to 1997 Internet is quite apt. Thanks again for sharing