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With More American Oil, Bitcoin Mining and Oil Backed Crypto Shall Flourish (and AI, Yes)by@maken8
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With More American Oil, Bitcoin Mining and Oil Backed Crypto Shall Flourish (and AI, Yes)

by M-Marvin KenJanuary 25th, 2025
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Too Long; Didn't Read

4 executive orders were signed by President Trump allowing America to tap its vast oil wealth to enrich itself. This will make oil cheaper and more readily available everywhere. Which imo is a good thing for Bitcoin, AI, oil backed cryptocurrency projects, and the world economy at large. Let the oil flow.
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The Executive Orders

4 executive orders pertaining to America's energy stance going forward, were signed by President Trump on his first day in office on Jan 20th.


1. UNLEASHING ALASKA’S EXTRAORDINARY RESOURCE POTENTIAL


2. Temporary Withdrawal of All Areas on the Outer Continental Shelf from Offshore Wind Leasing and Review of the Federal Government’s Leasing and Permitting Practices for Wind Projects


3. DECLARING A NATIONAL ENERGY EMERGENCY


4. UNLEASHING AMERICAN ENERGY


I see a lot of oil flooding the world markets.


Hurray.


Unleashing not just America's energy resources, but all our energy resources.


Because with more supply comes less costs given constant demand in the interim.


So good.


Let's let America use oil to fuel its energy needs plus the green energy transition we aspire to. Just like China is doing.


No more greenwashing. Refer to Order 2 above.


And we'll let the ERS (External Revenue Service) tax oil imports with tariffs so that selling countries are encouraged to use the oil themselves.


Use it for what?


Bitcoin mining is a good start. Farming is another.

More Energy for Americans to Enjoy

Here is an image from @JusperMachogu.



Sorry you had to see East Africa's glaring energy poverty, but it helps show just how energy-rich the USA is.


As you can see, there are more people living in East Africa than in the United States of America.


470 million vs 330 million (circa 2022 figures).


But with those figures, plus the figures of barrels of oil consumed per day, we calculate to find each American is consuming 49 times more oil energy per day than an East African.


Wow.


I want to go to the USA.


No wonder they are super-powered.


Now, let's add the 4 Executive Orders mentioned to this mix.


Dial-up production and storage of oil surpluses.


While the Strategic Bitcoin Reserve is pending, America's Strategic Petroleum Reserve is alive and well. And with a surge in oil production capacity, it could get even bigger.


To keep oil production surpluses for a golden opportunity.


The question however is on increasing profitability right now.


Turns out, America is already the No.1 oil producer in the world. They are winning the race.


Adding more distance between themselves and Saudi Arabia doesn't seem like it will help. There honestly isn't that much demand from traditional markets (mostly because people are poor and have never seen gas prices get cheaper).


Unless more Bitcoin mining and Oil Crypto projects, and AI (ya’ll want this one, I know) is done on that oil.


They will be good for the liquidity (pun, lol).

Mine More Oil, Mine Bitcoin, Build AI, Get Richer

The precedent set by Americans consuming more of their own energy will encourage the rest of us to consume more of our own energy.


East Africa, through Uganda, is set to produce oil. Will we consume it to get richer? That is the question.


See, lack of oil energy is not the problem. And America's vast energy consumption is in no way because they are somehow stopping us from consuming more energy.


Oil consumption, given the vast reserves everywhere, is a very positive sum game.


We simply find reasons to imagine zero-sum. Bad reasons and excuses.


It mostly is a question of motivation and guts. Guts to say 'f*ck it, I want more food.'



A little more oil in the economy (not in your fried chicken), doesn't hurt. Especially if you're not doing great.


By Americans eating more and becoming more King-sized, perhaps the oil producers around the world comfortably NOT enriching their populations will feel a little more guilty.


It's like that mean parent whose kid plays with kids that are fed well. The more the other parents stop apologizing for feeding and nurturing their children well, the more it will become imperative that the parent with vast food reserves yet their kid is starving, makes a choice.


Feed the kid, or give it to child services.


Make a decision, Limbkins.

No More Shall Climate Change Narratives Confuse the Issue

Trump is turning all the tables.


Brace yourselves.


If there is a climate problem impeding, then we shall just have to see it with our own eyes (and not through some select group of climate scientists with special climatology instruments).


It is how it is.


The fates have mercy.


That prayer said Trump has called for oil prices to be brought down by OPEC, interest rates to drop in all US affiliated banks, and coal plants to be re-opened because "Nothing can destroy coal - Not the weather, not a bomb, nothing". (Source)


He is also slapping American-paid taxes onto as many imports as he can manage. Code name: Tariffs.


(Explanation:


If US imports are more expensive from tariffs, the price will be shifted to the consumer, hence the US is actually taxing the American citizens, not the foreign partners.


That said, I believe it is an issue of optics.


An ERS seemingly knocking on the doors of other people and not an IRS knocking on Americans' doors changes the dynamic dramatically. Even if the same taxes or more shall actually be paid by the Americans.


The only way to actually shift the burden of less skilled labor, hence taxes, to other countries is if American children start being the best at STEM and not foreign partners.


Something that will take decades).

AI Funding Is Truly Powered by Oil, Not US Dollars


To end, I'll address AI funding from the energetics perspective.


The true perspective imo.


Without unleashing more cheap and readily available energy for AI, simply giving Sama the newly minted $500 billion will only pump the price of everything else in the economy, including GPUs and electricity for AI systems.


The Oil is the real money for AI, not the US dollars.


US dollars are a permit for the oil.


You show them to the tap controller, and like magic, they open the tap’s full blast.


No holds barred.


So, don't be sidetracked by Elon and Sama's battle on X.



Elon is just jealous, but both of them will benefit because, again, the oil is the money.


And it will flow to wherever it is most needed (hopefully not like crucial water reserves for California's hot seasons).


Let the money flow.