Cryptocurrencies and the Geopolitics of Energy
Few people talk about how cryptocurrencies are shifting the balance of power in the global energy sector. Bitcoin mining, for example, has become a strategic tool for energy-rich countries like Russia, Iran, and El Salvador, which use it to bypass sanctions and monetize energy surpluses.
ā” Key Points:
š¹ Bitcoin mining can stabilize power grids by absorbing excess energy.
š¹ Sanctioned countries use cryptocurrencies to circumvent global financial restrictions.
š¹ Energy companies are starting to integrate blockchain to tokenize and sell energy in a decentralized manner.
š The future may see crypto miners becoming as influential as major oil and gas corporations. Are we witnessing a silent energy revolution?