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In this video, I discuss how countries with significant energy resources will increasingly use those resources to mine Bitcoin. It makes much more sense to recycle oil profits into Bitcoin, rather than holding them in Treasuries, which are a poor inflation hedge and subject to US government censorship.

What this means is that Bitcoin global adoption will continue to rise, as individuals, corporations, and even entire countries pursue their own self-interest.

Not investment advice! Consult a financial advisor.

Abu Dhabi:
https://en.wikipedia.org/wiki/Abu_Dhabi

Masdar City:
https://en.wikipedia.org/wiki/Masdar_City

Major Foreign Holders of Treasury Securities:
https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html

CPI chart:
https://fred.stlouisfed.org/series/CPIAUCSL#001

Top UN court rejects Iranian bid to free assets frozen by US:
https://apnews.com/article/united-states-iran-court-assets-dispute-8aa1ddec5c25acf60f8364fdd9d55cb2

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Immersion-Cooled Bitcoin Mining:
https://www.coindesk.com/business/2023/05/09/marathon-digital-in-jv-for-immersion-cooling-bitcoin-mining-in-abu-dhabi/
https://twitter.com/BitcoinMagazine/status/1656041386821468170

White House Attacks Bitcoin Miners (Your Industry Is Next):
https://www.youtube.com/watch?v=27foizgtFUc&ab_channel=BitcoinUniversity

Bhutan Mining Bitcoin (For Years):
https://www.youtube.com/watch?v=wlweBndxY1E&ab_channel=BitcoinUniversity

Bhutan expanding its mining operations:
https://www.globenewswire.com/news-release/2023/05/03/2659973/0/en/Bitdeer-and-Druk-Holding-Investments-to-Jointly-Develop-Green-Digital-Asset-Mining-Operations-in-the-Kingdom-of-Bhutan.html

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#crudeoil
#bitcoinmining

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