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Joe Biden’s Government is Mining ‘Bitcoin, Says White House Adviser -Breaking

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Joe Biden’s Government is Mining ‘Bitcoin, Says White House Adviser
  • Whit Gibbs (a bitcoin mining expert, government advisor) made the disclosure during an interview.
  • Expert says El Salvador is on the right path to adopting Bitcoin in its economies.
  • Senator Elizabeth Warren applies pressure to a New York mining company, claiming his operations have an impact on climate change.

Cryptocurrency expert and White House adviser Whit Gibbs shows that Joe Biden’s government is mining bitcoins. The also CEO of Compass Mining made the reveal during an interview on Anthony Pompliano’s Best Business Show on Wednesday, December 1.

In an accidental conversation, the United States name was mentioned. El Salvador’s mining activity was also mentioned by the interviewer.

When Pompliano asked Gibbs what the US was needing to start mining the so-called digital gold, the interviewee clearly said, “America is already exploding …” but he immediately corrected himself and slipped the word “maybe”.

“They can have 10 to 20 watts running somewhere in the Midwest to test it. Maybe. “It’s possible.”
The bitcoin mining expert laughed, while clarifying that it was national security.

Gibbs believes that bitcoin mining can help develop countries raise their standard of living. The US government adviser believes that El Salvador’s bitcoin project will yield positive results in the coming 20-30 years.

Pompliano raised the question of Bitcoin mining by the Federal Government and said that there was a federal agency involved in BTC mining.

To The Flipside

  • Instead of asking the government to approve a budget for mining bitcoins, which could have been more challenging, the agency ran to get more machines dedicated to cryptomining.

Pompliano claims that this activity was taking place in America since 2013. According to Pompliano’s information, which he received from an ex-intelligence agent who didn’t reveal his identity, the former agent told him that it had been happening since 2013.

The interviewer then invited Gibbs for more incredible stories to share with his viewers. Then the expert said smiling: “This is how you get in trouble.”

Senator Elizabeth Warren starts a repressive campaign to stop BTC mining
Elizaberth Warren (a Republican senator) lobbyists for Bitcoin Mining Company in New York to discuss the impacts of their operations on climate change.

Warren has started a campaign to end cryptocurrency mining in this country. In a letter sent to Jeff Kirt, CEO of Greenidge Generation Holdings, the senator warned of concerns about the company’s operations.

Greenidge claims that he is the United States’ first BTC miner who has achieved carbon neutrality. Greenidge owns an existing TBC mine in New York and is planning to construct another one in South Carolina.

“Given the extraordinarily high energy use and carbon emissions associated with mining , mining operations at Greenidge and other plants raise concerns about their impacts on the global environment, local ecosystems, and the electricity costs of the country. consumer,”
Warren wrote the following in his Thursday correspondence.

What are the reasons to care?

  • While Joe Biden’s Democratic government is mining bitcoins for funds to cover its huge tax bill, GOP lawmakers led by Warren are considering cutting off that supply by banning mining.

Greenidge has responded to the senator that her company “meets all of the nation’s leading environmental standards of New York, provides economic opportunity to an underserved area of ​​the state, and is a model for cryptocurrency mining with broad local support.”

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