Ted Cruz Believes Texas’ Abundant Energy Is Opportunity for Bitcoin

[Galaxy]

Speaking at the Texas Blockchain Summit last week, Senator Ted Cruz (R-TX) said Bitcoin could make use of the state’s abundant energy resources. 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. Source