Ricardo Navarro, El Salvador’s foremost ecologist, believes mining bitcoin with a volcanic eruption, or using geothermal energy, “will end in environmental disaster.” He also believes El Salvador’s millennial president Nayib Buukele’s decision to use geothermal energy is questionable.

Salvadoran ecologist Ricardo Navarro Questions His Country’s Volcano-Powered Bitcoin City Venture

During the second week of June, El Salvador’s president Nayib Bukele told the public that the Latin American country planned to mine bitcoin (BTC) with energy stemming from volcanoes located in the country. At the end of September, Bukele shared a video of the initial construction of the Salvadoran volcano-powered bitcoin mining facility. Ricardo Navarro, El Salvador’s top ecologist, has criticized the president and his government.

The Salvadoran ecologist explained to Telegraph contributor Simeon Tegel that developing a ‘Bitcoin City’ next to a volcano doesn’t make sense. Navarro stated that talking about building a city near a volcano is like imagining you’re rich just because you live next a bank. Navarro explained that using geothermal energy will still be a costly venture and not as efficient as using petroleum resources. Navarro insists:

Geothermal still costs more than oil, otherwise we would already be using more of it. We will continue to buy more oil.

Navarro Insists ‘Bukele Doesn’t Really Understand What Is Going on With the Energy Situation’

Navarro is concerned about the consequences of the world’s so-called climate crisis. The ecologist runs a non-governmental organization CESTA (Salvadoran Center for Appropriate Technology) and he recently discussed the subject with Politico’s contributing author, Bjarke Smith-Meyer, on November 10.

At that point, Navarro dismissed the idea of a volcano-powered bitcoin mining site because he believes the facility will need more energy resources than geothermal power. “I have the impression that Bukele does not really understand [with] the energy situation,” Navarro stated to the reporter. “This is certain to complicate…demand

Navarro claims that El Salvador’s digital currency environment could be a magnet for drug lords. According to the Salvadoran ecologist, the bitcoin tender law was implemented quickly and without any debate. “If you have something to promote, you first propose it. Then you discuss it. Finally, you present your arguments. Smith-Meyer was reminded by Navarro that bitcoin is not a similar concept.

What do you think about the Salvadoran ecologist’s opinion concerning the volcano-powered bitcoin mining facility in El Salvador? Please comment below to let us know your thoughts on this topic.

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