Key Players from the Crypto Market discuss before Congress
Crypto Market Volatility is a thing of the past.
Before Congress, seasoned members of the crypto industry describe what crypto assets are, policy and regulation.
At a congressional meeting, members of the crypto-market were called upon to define terms and suggest legislation moving forward, in regards to the crypto market's history of volatility and accessibility for normal consumers. This kind of attention is proof that the US Government is aware of the future of crypto currency. The leading crypto, Bitcoin, is a lucrative endeavor that takes a vast amount of resources. The energy consumption of bitcoin mining is of note. Bitcoin mining consumes 91 terawatts of electricity per year; a massive drain on our limited resources as a planet. However, through our patent pending model, we can now mine bitcoin without draining the world's energy grids, and instead, using would-be wasted power or even generating green energy through increased profit margins, partake in the lucrative undertaking of bitcoin mining and save the planet.
What if we could take advantage of this revolutionary time in world history, as bitcoin mining is now a proven business model, and solve the world's energy crisis -- simultaneously?
Members of the US Congress meeting with key members of the crypto currency marketplace, offers validity that regulations are coming. Stabilizing a market that has a history of volatility, pairing massive profits with climate saving endeavors.
The Experts Had the Floor
“Cryptocurrency has 24/7 risk monitoring services. That is even more advanced than our current currency infrastructure,” described Sam Bankman-fried, CEO of FTX, a cryptocurrency exchange, when testifying before congress. ”Monitoring risk mitigates volatility in a way the current market just doesn’t have.” He went on to described, “Having complete transparency within the crypto community about the number and full amount of assets possessed by every party, can mitigate a risk that, in comparison to the 2008 financial crisis, when it was discovered that 'transactions not on the ledgers' were moving between various financial parties and it was unknown how much assets anyone truly had, shows that crypto offers protection that the current financial system doesn’t have in place.”
See the full 12 minute highlight video below, courtesy of CNET Highlights Youtube page.
Total digit asset market in crypto currency is nearly 3 trillion dollars...
Total digit asset market in crypto currency is nearly 3 trillion dollars, offering massive validity to the movement, and is garnering attention from some of the world’s wealthiest investors. As massive amounts of US dollars have been printed in the last 10-11 years, as described by Brian Brooks, CEO of Bitfury, increasing the volatility of the system that has been in place since WW2, The crypto space has stepped in and increased features of cryptocurrency to combat the rise of other nation’s economies as their currency competes with the US dollar, making Bitcoin and other crypto currencies more appealing to investors.
The reservations we encountered throughout the world, speaking with investors, is about an energy consumption 'alarm,' as talked on by representative Rashida Tlaib. Bitcoin mining consumes 91 terawatts of energy annually. At Geobitmine, we have identified and put into place a patent pending model that works directly with power supply companies, and does not increase energy production, thus combating the world’s energy crisis, nullifying representative Tlaib's remarks. We are excited and await to present our model to you.
How do we do it? Click the link below and request a pitch deck. We currently have contracts in hand and are investor ready.
Sites can be deployed near any energy source in the world. Let’s get started, Together.