Oh, what surprise, I've told poeple a hundred times
- Salvador is NET importer of energy!
- There is no magical 100MW that was drilled, there is no such well in the entire world, Usa, Iceland Japan or Italy
- That powerplant who he keeps publishing in tweets is old as ***, the former director quoted near 100$ for MW for it.
But would somebody listen to reason?
No, of course, not everyone was volcano node this and that, meme and price, who cares about number and reality.
And now when facts are presented, of course, they are not true, it's the banks, the reptilians, the overlords, who pay for the articles.
First the author didn't took in to account the pending payments. Including that, the total value of Bitcoin mined is more than $500. And secondly, he calculated the energy cost using the pricing formula for the national grid. That is wrong, because geothermal energy is being used for mining and the cost of generation is much lower.
And of course, it makes total sense for the government to burn cheap energy for bitcoin and then import extra more expensive energy to meet citizens' needs.
I'm pretty sure each one of you would be thrilled to pay three-timer more on electricity in order for the government to subsidize miners.
I swear that if North Korea comes up tomorrow and says that they would use Bitcoin at the UN, I can guarantee that this entire forum would be calling Kimmy "Our Dear Leader".
Poeple have been cheering on Paypal and Wall Street investors for a while so no surprise they will cheer for everyone, but that's not really the problem here.
It doesn't matter who adopt or who starts using Bitcoin, if I see somebody I totally hate wearing my favorite rand of clothes I won't stop wearing mine, nor would I stop using bitcoin because some terrorist groups or something else is doing the same, everyone is free to make its own choices.
The problem here is that poeple are cheering for totally false info, at this moment is not a matter of president Bukele adopting bitcoin for economical reasons, it's a matter of
Bukake using it and bitcoiners as a propaganda tool for its own gains, and this is disgusting.