Spirit of Crypto
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This is an email from Where Spirituality meets Technology, a newsletter by Spirit of Crypto.

How Coal Plant Explosions in China caused an $8.3 billion Loss on CryptoCurrencies

Next time this happens, short Bitcoin — This is when

Photo by Sam Beasley on Unsplash

At the time of writing, 21 men are fighting for their lives in a Chinese coal mine in the Xinjiang Province.

They won’t be aware that Bitcoin’s price plummeted 15% over the weekend, in fact, they couldn’t care less. They are praying to see a stroke of sunlight again in their lives.

There is more.

In two other provinces, Shanxi and Guizhou, explosions in Coal Mine plants took place around the same time according to Colin Harper from Coindesk.

Maybe a sign from the Gods that China should radically turn all their cards on hydropower and other sustainable energy sources?

They do already.

China built the biggest dam in the world, the three gorges dam. The Monster Dam is a huge milestone in human engineering. Every year around August, China hold its breath for a possible disaster. The Armageddon of dam breaks could affect the lives of 400 million people.

Could it kill Bitcoin?

Rain, Monsoon, Dams, Coal Mines and Chinese Plants are connected to Bitcoin’s price. I will show you how and answer a more relevant question.

Read how can you profit from Bitcoins only real vulnerability>>>

Thank you for following Spirit of Crypto
Lucien Lecarme



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