Bitcoin could rescue Rockdale's future

[TexasTowelie]

Strike up the band and have it play “Happy Days Are Here Again.” Loudly!

In what can only be rivaled in Rockdale’s business history by the 1951 “Alcoa’s coming” announcement, work is well underway at the former smelter site to accommodate a high-tech business which is estimated to bring 300 to 500 jobs to the area.

While a formal announcement has not yet been made, multiple unimpeachable sources have confirmed the project for The {Rockdale} Reporter.

It’s called “bitcoin mining.” What’s that? See separate story and don’t expect to understand all of it.

What’s important is that bitcoin miners understand it. And they do.

Read more: http://taylorpress.net/news/article_96d4a6f2-8fb3-11e8-976f-37199e65b951.html

[PubliusEnigma]

1. Bitcoin is Millennial Social Security

There is no such thing as a free lunch.

[TexasTowelie]

2. They have a bigger, more immediate issue to deal with.

The project is funded by the Chinese. I don't think they feel that secure about investing in the U.S. like they may have not that long ago.