Ninjastic
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Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Samlucky O
on 18/12/2023, 01:48:28 UTC
Quote from: Luzin on December 11, 2023, 03:19:38 AM
Quote from: HelliumZ on December 10, 2023, 03:40:34 AM

Images collected from: BM
While the energy sector is facing threats in other countries of the world, El Salvador, the country famous for the first Bitcoin City in the world, is making proper use of 100% renewable energy for Bitcoin mining. This is where the proper development plan of a country will encourage other countries of the world to implement the plan of using renewable energy and energy on Bitcoin mining. Moreover, the use of renewable energy and fuel for Bitcoin mining is unlikely to have a negative impact on the environment and climate change.

But El Salvador is about to hold presidential elections, I am afraid that this project will not continue.
Do you really think the new president to be elected will not continue with the existing project? After Bukele has spent alot of money on the plant? I don't really think so. I think even if another president is elected he would still continue with the existing project because I know for sure that the project will have existing manpower or workers employed to control the facility. And that has also reduce unemployment rate for El savedor. So it will be unfair not to take over from the existing project.