PANews reported on September 18th that, according to Coinpedia, the Laotian government plans to utilize surplus electricity generated by its hydropower projects to mine Bitcoin. The goal is to create a new revenue stream through digital asset mining and alleviate the debt burden caused by large-scale hydropower investment. Laos has vigorously developed hydropower in recent years, with electricity exports accounting for 26% of total exports. However, insufficient domestic and international demand has led to a power surplus. The government hopes to leverage cryptocurrency mining to transform its energy advantage into economic growth and attract local digital asset investment to achieve fiscal stability.PANews reported on September 18th that, according to Coinpedia, the Laotian government plans to utilize surplus electricity generated by its hydropower projects to mine Bitcoin. The goal is to create a new revenue stream through digital asset mining and alleviate the debt burden caused by large-scale hydropower investment. Laos has vigorously developed hydropower in recent years, with electricity exports accounting for 26% of total exports. However, insufficient domestic and international demand has led to a power surplus. The government hopes to leverage cryptocurrency mining to transform its energy advantage into economic growth and attract local digital asset investment to achieve fiscal stability.

                                                                               Rich Dad, Poor Dad author Robert Kiyosaki says he prefers accumulating gold, silver, oil, Bitcoin, and Ether, which he deems “hard money.”                     Rich Dad Poor Dad author Robert Kiyosaki, a strong proponent for Bitcoin, says it is “criminal” that kids are being taught from a young age to work for an inflationary currency while arguing the virtues of Bitcoin. “Go to school, get a job, work hard, save money, and invest in a 401(k) full of garbage,” Kiyosaki said during a podcast hosted by Bitcoin Collective Co-Founder Jordan Walker on Wednesday. Kiyosaki pulled no punches as he lambasted central banks, equating them to “criminal organizations” and even calling them “Marxists,” as he says that every time central banks print money, it makes the rich richer, while the other economic classes suffer.Read more