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Ted Cruz Believes Texas’ Abundant Energy Is Opportunity for Bitcoin

From decrypt.co

Senator Ted Cruz (R-TX) said last Friday that Texas’ abundant energy resources represent a great opportunity for Bitcoin. “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 energy that is just being wasted,” Cruz told Jimmy Song at the Texas Blockchain Summit last week. The Permian Basin is an oil and gas-rich region in the southwestern part of the United States. Portions of the Basin are in both the state of Texas and New Mexico. “A lot of the discussion around Bitcoin views ... (full story)

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