Cruz Bullish on Crypto extolled the practice in his recent comments at the Texas Blockchain Summit

2 years ago
20

“Fifty percent of the natural gas in this country that is flared, is being flared in the Permian right now in West Texas. I think that is an enormous opportunity for bitcoin, because that’s right now energy that is just being wasted. It’s being wasted because there is no transmission equipment to get that natural gas where it could be used the way natural gas would ordinarily be employed; it’s just being burned.”

Cruz speaks on the Senate floor about the dangers of regulating cryptocurrency proposed in the ridiculous "bipartisan" infrastructure deal.

Loading comments...