Tether CTO Paolo Ardoino outlines the goal of a strategic investment into El Salvador's Volcano Energy project.
in El Salvador’s renewable power generation project. Volcano Energy is set to generate electricity from solar and wind energy in El Salvador to power future Bitcoin mining operations in the country.
Tether chief technology officer Paolo Ardoino and Cointelegraph journalist Gareth Jenkinson at Money 20/20 in Amsterdam. Source: Cointelegraph There is also an ideological element to the move, with Ardoino stressing his belief that El Salvador is blazing the trail for sovereign Bitcoin adoption despite relatively slow uptake of BTC as a payment option in the country.
“Given all the powers that they had, it still took five, six years, and yet people were super confused.”
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