“Meh” Surely We Can Do Better…
TL;DR
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Our new favourite crypto use case: arrange renewable power seize websites → set up on-site crypto miners → use earnings to fund infrastructure initiatives.
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Assist!
We’ve fallen [down a rabbit hole] and may’t stand up!
We simply learn an article on how Paris Saint-Germain (the soccer staff) is about to begin mining crypto → use the earnings to purchase up its personal crypto token (serving to stabilize its worth) → then give the token out to followers.
And all of it felt so…meh.
Mining crypto to fund a fan loyalty program? That’s cool and all — however what does it do within the grand scheme of issues?
(Isn’t cryptocurrency imagined to be a ‘world altering expertise’?)
So we tweaked the query to “what if crypto mining was used to fund native infrastructure initiatives?”
Which appears like a bizarre rabbit gap to leap from – however hear us out!
Let’s say your nation has large geothermal reserves…
However constructing out the bodily infrastructure required to take all of that captured power, and ship it to each house within the nation/state/locale goes to value quite a bit.
(Like, quite a bit quite a bit).
So your authorities representatives have by no means severely thought-about it (at greatest, solely ever seeing it as ‘neat, however approach too arduous/costly to implement’).
Including crypto mining to the equation would enable the undertaking to:
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Arrange geothermal turbines, with mining rigs on website.
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Convert that power into cash (with out first having to arrange export infrastructure → discover a purchaser → export the power).
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Use that cash to fund wider infrastructure initiatives.
All with no/low extra authorities deficit spending.
Superior proper??
